HRM Real Estate Blog

New Site Up and Running

Andrew Perkins — Mon, 11 Aug 2008 00:57:10 +0000

Hi There,

If you have been checking back here for my new blog. Click here and you will be redirected to my new site.

New Redesigned Blog

Andrew Perkins — Thu, 19 Jun 2008 11:49:51 +0000

Hi There,

If you are here to check market updates, thanks for stopping by. I am currently in the process of developing a new and improved blog to better serve my clients. It will be much more user friendly and will include market updates for all areas of Halifax as well as Real Estate news and articles that I feel would be an intersting read. So check back soon for more details. In the meantime if you are looking to buy or sell Halifax Real Estate do not hestitate to email me or call 488-0012. Thanks.

Andrew Perkins

Halifax Real Estate Expert

Dartmouth Real Estate Stats

Andrew Perkins — Tue, 22 Apr 2008 13:57:12 +0000

Area 15

1^st Quarter MLS^® Residential Real Estate Stats for Forest Hills, Dartmouth (Area 15) up to and including April 22, 2008 for single family homes, condominiums and new construction.

Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
APR-2008	189265	185300	98%	71 days	20
MAR-2008	180238	178001	99%	35 days	21
FEB-2008	189119	185094	98%	72 days	27
JAN-2008	185536	186488	101%	64 days	11
Averages:	186296	183455	98 %	61 days	79

1^st Quarter MLS^® Residential Real Estate Stats for Forest Hills, Dartmouth (Area 15) up to and including April 22, 2007 for single family homes, condominiums and new construction.

Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
APR-2007	186789	182233	98%	52 days	18
MAR-2007	177524	175356	99%	56 days	29
FEB-2007	155621	151514	97%	87 days	14
JAN-2007	156827	153493	98%	82 days	15
Averages:	171599	168278	98 %	66 days	76

Number of Active Listings – 103

Forest Hills continues to be one of HRM’s fastest growing markets. Average price is up 9% which stays consistent with average increase in 2007. Number of sales is up by 3. Average days on market are up slightly to 79 days.

Area 17

1^st Quarter MLS^® Residential Real Estate Stats for Woodlawn, Nantucket, Portland Hills, Dartmouth (Area 17) up to and including April 22, 2008 for single family homes, condominiums and new construction.

Top of Form Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
APR-2008	227597	224439	99%	63 days	36
MAR-2008	212300	209578	99%	67 days	23
FEB-2008	232400	228891	98%	90 days	25
JAN-2008	203640	199033	98%	113 days	15
Averages:	221626	218261	98 %	78 days	99

1^st Quarter MLS^® Residential Real Estate Stats for Woodlawn, Nantucket, Portland Hills, Dartmouth (Area 17) up to and including April 22, 2007 for single family homes, condominiums and new construction.

Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
APR-2007	200281	196250	98%	133 days	32
MAR-2007	195995	191302	98%	144 days	41
FEB-2007	204063	201378	99%	137 days	36
JAN-2007	196284	190762	97%	137 days	25
Averages:	199240	195090	98 %	138 days	134

Number of Active Listings – 201

Area 17 continues to show consistent growth year over year. Average price increased by 8.9%. Number of sales is down 7.3%. Days on market are up significantly but this is due to the number of new construction builds in Russell Lake West.

All in all areas 15 and 17 continue to be HRM’s most consistent area to buy and sell real estate. If you are in the market for a new home or you are selling yours and liked the information provided contact me and I can do a similar analysis on the area you are interested or selling in.

Andrew Perkins

Your Halifax Regional Municipality Real Estate Expert.

Go Green and Save!!!

Andrew Perkins — Fri, 11 Apr 2008 13:34:10 +0000

So your thinking of selling your home and would like to do a few renovations before you put it on the market or you just bought a new home and would like to do renovations to make it your own.

It’s good to keep abreast of grants that are now available for homeowners who want to go green.

Both the provincial and federal governments have new programs designed to encourage energy reduction. By staying up-to-date on the latest programs, you can save money.

Natural Resources Canada (NRCan) is offering a new residential energy efficiency assessment service to owners of single family homes, including detached, semi-detached and low-rise multi-unit residential buildings (MURBs) that are no more than three storeys high.

Under the ecoENERGY Retrofit program, property owners can qualify for federal and provincial grants by improving the energy efficiency of their homes and reducing their home’s impact on the environment.

Energy advisors come to your home to do assessment
NRCan-certified energy advisors conduct a detailed on-site assessment of the home’s energy use from the attic down to the basement. They provide a personalized report, including a checklist of recommended retrofits to improve the energy efficiency of your home and, in some cases, to reduce water consumption. The report also shows the grant amounts for each eligible upgrade that you can receive by carrying out these energy-saving improvements. The maximum grant you can receive for a home is $6500.

A high efficiency furnace and many of the other retrofits eligible for rebates come with a higher price tag, but environmentally conscious homeowners believe the energy cost savings – and reduced greenhouse gas emissions – are well worth it. Also, from a resale perspective, many potential homebuyers will view “greener” homes as a desirable feature.

For more information on the ecoEnergy Retrofit Rebate program visit the following sites:

1. http://www.clean.ns.ca/default.asp?mn=1.377.389.391.392

2. http://oee.nrcan.gc.ca/residential/energuide-for-houses.cfm

3. http://www.en.amerispec.ca/retrofit-your-home

4. http://www.sustainablehousing.ca/index.php?option=com_content&task=view&id=5&Itemid=124

5. http://www.en.amerispec.ca/files/retrofit-qualify-grant.pdf

6. http://oee.nrcan.gc.ca/residential/personal/home-improvement.cfm?attr=0

There is some great information contained in these links that could help you save money. If you are thinking about buying or selling or doing renovations you have to check these programs out, not only will it save you money, it will up your resale value as well. For more information contact me ,

Andrew Perkins

You’re Halifax Regional Municipality Real Estate Expert

1st Quarter Real Estate stats for Halifax, Dartmouth, Bedford, Sackville, Hammonds Plains, Fall River and Surrounding Areas

Andrew Perkins — Thu, 03 Apr 2008 13:15:06 +0000

1^stQuarter MLS stats for Areas 1 through 40 which encompasses Halifax, Dartmouth, Bedford, Hammond Plains, Sackville, Fall River, and surrounding areas for single Family homes and condominiums including New Construction 2007

Month	Average List Price	Average Sale Price	Sale/List Ratio	Avg Days on Market	Number of Sales
January 2007	$213,150	$207,191	97%	100	360
February 2007	$224,750	$219,392	98%	115	426
March 2007	$229,275	$223,926	98%	92	557
Average	$223,516	$218,014	98%	102 Days	1343

1^stQuarter MLS^®stats for Areas 1 through 40 which encompasses Halifax, Dartmouth, Bedford, Sackville, Hammonds Plains, Fall River and surrounding areas for single family homes and condominiums including new construction 2008

Month	Average List Price	Average Sale Price	Sale/List Ratio	Avg Days on Market	Number of Sales
January 2008	$239,246	$233,040	97%	111	307
February 2008	$236,053	$230,654	98%	94	409
March 2008	$241,970	$235,650	98%	82	411
Average	$239,246	$233,200	98%	94 Days	1127

Active Listings 1^st Quarter 2008 up to and including March 31st – 2847

Sales for the first quarter 2008 are down 8.3% compared to the same period in 2007. The average sale price has steadily gone up by 9.3% compared to the same period last year. The market is experiencing a slight slowdown. It is a seller’s market right now so if you are thinking of selling now is the time. Spring buyers are hitting the market with not a lot of choice. Many properties are selling over list price and going into multiple offer situations. If you would like a free home evaluation emailed to you at no obligation go to my website and click on “what’s my home worth”. Check back regularly. My next post will be about going green and how you can save money on your renovations.

Andrew Perkins

You’re Halifax Regional Municipality Real Estate Expert