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What's the Halifax/Dartmouth Real Estate Market Looking Like? Kip's June Market Update

  Thursday, Jun 09, 2022

 

Your local REALTOR® Kip is back with the updated June market stats for Halifax/Dartmouth!



Active Listings

(Number of Properties for sale in Halifax/Dartmouth)

 

June 2022: 585

June 2021: 789



Average Days on Market

(How many days a home is on market in Halifax/Dartmouth)

 

June 2022: 15

June 2021: 35



List to Sales Ratio

(Final Sale Price compared to List Price)

 

June 2022: 111%

June 2021: 104.4%



Number of Sales in June so far

(Number of houses in Halifax/Dartmouth sold in the first week of June)

 

June 2022: 82

June 2021: 130



Year to Date Sales

(Number of homes sold in Halifax/Dartmouth so far this year)

 

June 2022: 2,406

June 2021: 3,333



Months of Inventory

(Number of months it would take to sell every available listing, if no new homes listed after today)

 

June 2022: ~1.16

June 2021: ~1.16

 

Average Sale Price

(The average price that homes are selling for in Halifax/Dartmouth)

 

June 2022: $515,336

June 2021: $418,562



Average Sale Price Increase 

(How much the average sale price in Halifax/Dartmouth has increased in a year)

 

2021 to 2022: 18.8% increase

2020 to 2021: 20% increase

 

38.8% increase in two years



The Market is ever changing, check back in next time for Kip’s next Halifax/Dartmouth Market Update!

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