Halifax Real Estate Market Report - January 2024

As the holiday season draws to a close and many return to the hustle and bustle of everyday life, the real estate market is following suit. The number of sales held steady this month at 227, while the average sold price continued to climb by 9% from this past December. Given that it is still early in the year, we are likely to continue seeing some shifts as we enter the spring market. New listings saw a significant uptick, with 414 coming to the market in January, marking a 160% increase over December. Although there were numerous new listings this past month, inventory continues to hover around the 2.0 mark. Follow along with the video above for a more detailed overview of January’s market stats!