• New homes listed: 505
    This indicates that 505 new single-family homes were put on the market during the month, reflecting the level of fresh inventory available to buyers.
  • Total homes for sale: 1,022
    This is the total number of single-family homes actively listed for sale, giving an idea of the overall supply in the market.
  • Pending sales: 365
    This number shows how many homes went under contract during August, representing buyer demand and market activity.
  • Percentage of original price: 97.4%
    On average, homes are selling for 97.4% of their original listing price. This suggests that sellers are achieving close to their asking prices, indicating a relatively strong market with limited negotiation room for buyers.

These statistics, sourced from NSAR for single-family homes, are valuable for understanding market dynamics, making informed buying or selling decisions, and tracking changes over time in the Halifax/Dartmouth real estate sector.