As we move into the Fall season, not only are the temperatures and the leaves changing but we are seeing a shift in the real estate market in Halifax.
The first part of 2021 was a “whirlwind” of activity including properties selling quickly, multiple offers and sale prices over the listed price. And yes, lots of buyers from around the country and beyond.
In the past month for buyers, we have started to see things improve in terms of fewer competitive offers and less inflation of pricing on offers. Inventory continues to be a challenge in some areas but as long as buyers are patient and have well-defined expectations in terms of what they want or need they will be successful in their search for the perfect home. Working with a REALTOR® will help create a less stressful experience as they help navigate them through the process.
For Sellers, it remains a good time to list your property for sale, but Sellers need to be a bit more realistic in terms of what they can expect in the market. There are several factors that can influence how quickly and for what price you can sell your property. Setting a realistic price is key to selling in this market. A licensed REALTOR® will assist you with setting a price that will generate viewings and the potential for an offer over the list price. In addition to price, the condition of your property and how it looks to potential buyers is very important. Inside and out, your property needs to shine so that buyers are looking at its potential not at clutter and mess.
Regardless of whether you are buying or selling, the real estate market in Halifax remains strong. Leads continue to come into our office on a daily basis for people looking to buy or sell property all over HRM. The real estate business has changed; no longer is it busier specific times of the year like Spring or Fall. This past year has seen houses being bought and sold through every season.
Working with a REALTOR® and a Team that can assist with every step of the process is key. Let our Team at CENTURY 21 All Points help take the stress out of your real estate transactions. We are always here to help! Click here to see what our clients say about us.
Contact us today at allpoints@century21.ca or 902-225-3196.
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