As March comes to a close, we are once again, firmly entrenched in a sellers market. With an influx of buyers entering the market just in time for spring, the number of sales saw an 18% increase over February. The average sold price in Halifax in March was $566K, up just 2% year-over-year. Inventory continues to hold relatively steady, sitting at 1.9 months of supply. Buyers are likely to experience considerable competition, especially within the “Under $500K” price range. Follow along with the market stats video above for some of the key insights shaping todays local market!