Halifax Real Estate Podcast Jason Paul

The market stats for Halifax is out for April 2024!



Average Price Point: $612,873 (down from March's $569,164)
Months of Supply: 2.1 months (up from March's 2 months)
New Listings: 703 (up from March's 468)
For Sale: 849 (up from March's 778)
Days on Market: 6 (down from March's 11)
Pending Sales: 508 (up from March's 380)

Jason Paul
902-220-7357
jason@infinityrealestategroup.ca
www.infinityrealestategroup.ca
@jasonpaulhalifaxrealtor

Today's little guest spot is sharing my experience on my latest listing that sold in Halifax, 118 Sherbrooke Drive. 

I find that people only see the sign go up, and the social media post that says that the house has sold for a certain amount over the asking price.

When there's a lot more to it. 

So I recorded this little podcast to tell you about the selling process, that started back in November 2023, to where we get to hang the sold sign up today. 

From getting the listing ready for market with 

Staging Consult
Pre Inspection 
Painting
Photos & Video
Social Media Content

To having the home come to the market, and the experience we had with 25 viewings, 132 open house guests over 6 hours over a 2 day period, to the amount of offers we've received and ultimately how we sold the property. 

Enjoy!


Jason Paul
902-220-7357
jason@infinityrealestategroup.ca
@jasonpaulhalifaxrealtor
www.infinityrealestategroup.ca

The market stats for Halifax is out for March 2024!



Average Price Point: $569,164 (down from February's $572,352)
Months of Supply: 2 months (up from February's 1.9 months)
New Listings: 468 (up from February's 380)
For Sale: 778 (up from February's 746)
Days on Market: 11 (down from February's 37)
Pending Sales: 380 (up from Februry's 325)

Jason Paul
902-220-7357
jason@infinityrealestategroup.ca
www.infinityrealestategroup.ca
@jasonpaulhalifaxrealtor

My wife Anja and I bought our first home, Murphy's Ridge, in the gaspereau valley of Nova Scotia! When we purchased it, we had planned it to be a cosmetic renovation, paint, flooring, kitchen and a bathroom updates were all we wanted to do!

Oh, we were so young and naive. 

When we moved into Murphy's Ridge, it was soon abundantly clear that our first home was going to be a complete gut and remodel. Everything in the home had to be taken down to the studs and start fresh from scratch! As first time home owners, and first time renovators, we've seen it all from water damage, structure issues, burst plumbing, new heating systems, new kitchen, bathroom, and so much more!

Enjoy the podcast. 

Jason Paul
902-220-7357
jason@infinityrealestategroup.ca
www.infinityrealestategroup.ca
@jasonpaulhalifaxrealtor

Over the last few weeks I've noticed multiple offers have come back to Halifax's real estate market with a vengance. Particularly in the first time home buyer price point of homes listed under $500,000! A semi detached home I showed a few weeks ago received 16 offers and sold for almost $100,000 over the asking price! A fully detached home I showed also received 12 offers and sold for almost $120,000 over the asking price! 

As we move into the spring market, our busiest market of the year, it appears home buyers have come back to the market in significant numbers. Especially with so much speculation going on about the bank of Canada dropping interest rates this year. 

From what I'm seeing, anything listed below $500,000 and you can expect to compete for the home. Listings $500-$600 are receiving multiples as well, but not to the extent of the first time home buyer price point, and the $600s and $700s may receive multiples but it entirely depends on the location, condition and price of the homes. 

If you're in the first time home buyer price point, make sure you sit down with your Realtor to come up with a strategy to get you into home ownership!

Best of luck!

Jason Paul
902-220-7357
jason@infinityrealestategroup.ca
www.infinityrealestategroup.ca
@jasonpaulhalifaxrealtor

New Realtors, Welcome to the indsutry! Logan Tomcik has been a licensed Realtor in Halifax since July 2020, and he's here today to talk about all things new Realtors. From our own experiences of trying to navigate the real estate industry as new agents trying to meet clients and convert sales. The thngs we've learned along the way, the mistakes we've made, and yes, those do happen! To our best advice to anyone trying to build a successful career in the real estate industry. 

We hope this helps. 

Sincerely, 

Jason

Jason Paul
902-220-7357
jason@infinityrealestategroup.ca
www.infinityrealestategroup.com
@jasonpaulhalifaxrealtor

Logan Tomcik
902-698-2111
logan@exprealty.com
@logan.realtorbrew