Overview
It’s time to review the Halifax Condo Market for October 2021!
Have you ever seen a market that has 0 available condos in all of Bedford? We sure haven’t in the 18+ years that we have been in business.
The number of condo sales has decreased in all four areas when compared to last year. We are certain that this is simply due to there being fewer condos available to buy this year.
Prices continue to climb in all four major condo districts, month after month. We have noticed buyers who haven't considered condo living in the past are now becoming more and more interested. We expect that this is due to the single-family home market being extremely limited.
In both Dartmouth and Bedford, the average number of days condos are on the market for has increased in comparison to this time last year. Even with this increase, condos are still selling extremely fast: Bedford condos are selling in as little as two weeks, and Dartmouth condos are selling in a little over one month.
We do not expect these trends to slow or reverse any time soon!
Andrew Perkins
902-488-0012
andrew@andrewperkins.ca