Hey guys!

The market stats for Halifax for the month of January 2024 just came out today, and they make an interesting read!

Average Sales Price: $585,945.00 which is actually a $51,458.00 increase from the average sales price in December which was $534,487.00.

The months of inventory stayed the same as December at 2 months.

Halifax received 411 new listings which is up from the 159 new listings in December.

Homes for sale increased in January to 751 total units for sale from 742 in December.

List to sale price is at 99% in January, which is actually down from 100% in December.

Days on market is up almost double in January at 35 days on market, an increase from 18 days on market in December.

There are 285 pending sales in January, which is up from 196 pending sales in December.

There were 219 total sales in January which is actually down from 228 sales in December.

Jason Paul
902-220-7357
jason@infinityrealestategroup
www.infinityrealestategroup.ca
@jasonpaulhalifaxrealtor