Halifax Real Estate Market Report - September 2021

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Market Trends

Halifax Nova Scotia Real Estate Market Statistics

 

Overview

 

Happy Fall! Let’s have a look at the Halifax Real Estate Market in September…

Sales are down slightly for Single Family Homes in comparison to this time last year. We suspect that this is due to the limited inventory we are experiencing: Only 373 single family homes for sale in all of Halifax! With a population of more than 400,000 residents, this is unheard of!

Both condos and single family homes have increased average sale prices in comparison to this time last year, and have reduced their number of days on market significantly. On average, condos and homes are selling in a little over two weeks!

We are set to sell out of the current inventory completing in less than a month if no new listings were to hit the market! Buyers are on the hunt!

If you are thinking about selling, you have probably heard someone (or us) say that now is the time. The numbers do not lie: Prices are on the rise and days on market are lower than ever! Call us at 902-488-0012 today for a free, no obligation market analysis!

 

Andrew Perkins

andrew@andrewperkins.ca

902-488-0012