;

Is it a good time to sell your home in Halifax?

When I hear this question, I can’t help but look like the cheshire cat. OMG, Absoutley it is an AMAZING time to sell. #halifaxhomesforsale #halifaxrealestate

I have been a real estate agent since July 2010, working in a buyers market for 8 years, minus the big hype of “HalifaxStartsHere”, I have never seen anything like this.

The cycle in my opinion started at the end of 2017. Stale inventory that was on the market finally started to SELL. The oddity of this…. no new homes were being listed. Then along came Jan 2018. I started listing homes out in Lawrencetown and Porter’s Lake. I kept thinking I was not going to move these homes till June, (that was if I was lucky) WELL GUESS WHAT? These homes sold in 30 days. I was shocked. Never ever have I listed homes in these areas with such a quick turn around. The whole year of 2018, was incredible. We finally had a balanced market!

Fast forward now to present day, 2019. WOW.. WOW… WOW! Homes are selling faster than ever! Yes, there are catches… let me explain.

  1. Buyers will not overpay for homes. Our Halifax consumers are more educated than EVER, thanks to the great website Viewpoint. Having said that, if a home comes up in the North End, that puppy is sold well over asking within a day.
  2. Price your home at market value or a little below. Drum up activity and the opportunity to have competing offers.

This truly has been the oddest market I have seen if I were to be honest with you. I have been racking my brains all year long trying to figure out why sellers are reluctant to list. From seller fatigue from previous selling years, to “I am staying put and will renovate” are the only things that come to mind.

Whatever it is, sellers in Halifax are WINNING!


 

More Articles

Getting Divorced and Need to Sell?

Getting Divorced and Need to Sell?

Divorce is never easy for anyone. Emotions are running high. Finances are in question. If you have a home, who gets it? I’ve had many ...

READ POST
6 Reasons Selling Without an Agent Is a Bad Idea in Halifax

6 Reasons Selling Without an Agent Is a Bad Idea in Halifax

Do-it-yourself projects are in vogue these days. From HGTV and Pinterest to Instagram, you can find advice online for everything from ...

READ POST
Should you get an appraisal prior to listing your Halifax Home?

Should you get an appraisal prior to listing your Halifax Home?

The most important thing on every seller’s mind is the listing price. No one wants to leave money on the table by pricing a home too ...

READ POST
Great Location

Copyright © 2022 Pike Group. All rights reserved. Designed by Zinda Web Agency.

"The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
MLS®, Multiple Listing Service®, REALTOR®, REALTORS®, and the associated logos are trademarks of The Canadian Real Estate Association.