Overview
Let’s review the Halifax Condo Market for December 2021!
Active listings continue to remain extremely low among all four Halifax condo districts. December marks the second month with only one active listing in Bedford! It is normal to see lower amounts of listings in the winter months, however, these lows have been like no other month.
The number of sales has decreased in all areas except Dartmouth, in comparison to last year. This is likely due to much fewer condos for sale than before. Prices are on the rise in all areas except Bedford: Bedford’s stats may not be as reliable due to our sample sizes being so small this month. If we look at the Bedford condo market for the whole year, we are likely to see a similar price increase as the rest of the condo districts.
All four condo districts are in a strong seller's market as we go into the new year. Unless more inventory hits the market, we do not expect this to change anytime soon. If you have a condo you are thinking of selling, the time is now! You could see great returns on your assets!
Andrew Perkins
902-488-0012
andrew@andrewperkins.co