Monthly Market Snapshot | January 2023

January in 2023 represented the slowest month for sales since at least 2009, which is when our stats tool started recording data.  That sounds scary, but everyone needs to remember we still have a pretty significant inventory shortage. 

There are only 523 homes for sale in all of HRM - Single Family and Condos. That means we only have 1.2 months of supply (Strong Sellers Market). This is at a time when rental rates have increased nearly 10% year over year. 
Despite fewer sales and higher interest rates, the average price of a home has remained largely unchanged since September. This is due to a lack of inventory and sky high rental rates.
There's no question the market has slowed down and that's why you…

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HaliPad Pick | Feb 2/23

Our HaliPad Pick today is located on one of the most sought after streets in Halifax - Oakland Road.  Yes, this stately home is in need of some renovations, but it has tons of charm and character.  The price point is certainly reflective of that as well.  It's not cheap, but it's very good value for the neighbourhood. 

Learn more about this #NicePad below:

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HaliPad Pick | Jan 24/23

Our HaliPad Pick today is a brand new Provident Home in Timberlea. Provident has a long-standing reputation in the Halifax area and consistently constructs a great product. 

This home sits in the Brunello subdivision which offers the newest homes in the Timberlea area.  Popular with young families, the community is gaining amenities and recently opened a Sobeys grocery store.  It also enjoys access to the nearby Brunello Golf course.  Finally, there is easy access to the highway if you want to make a quick trip to the services in Bayer's Lake or disappear down the South Shore!

Learn more about this #NicePad Below:

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HaliPad Pick | Jan 23/23

Our HaliPad Pick today is a charming two storey home, nestled deep in the South End of Halifax.  We love the proximity of this home to Point Pleasant Park as well as the easy access to Downtown Halifax.  

When you aren't wandering around by the ocean in the park, you'll love the equally charming backyard that benefits from Southern exposure!  

Learn more about this #NicePad below:

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HaliPad Pick | Jan 19/23

Our HaliPad Pick today was an easy decision!  This great 1,400 square foot condo is centrally located on the Halifax Peninsula, surrounded by walkable amenities and with views of the Public Gardens. 

Summer Gardens is a very popular building for down-sizers.  A clean and quiet condo in an excellent location, close to everything you need.  The building also offers a party room, gym and a spot to play pool and table tennis!

What more do you need!? Learn more about this #NicePad below.  

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HaliPad Pick | Jan 18/23

Our HaliPad Pick today is a one year old home located in a little-known subdivision, tucked away off Hammonds Plains Road. Offering a quiet street and generously sized lots, you get the benefit of a newer build without having to settle for a tiny yard. 

On top of this, you a short distance to various amenities in Bedford and in a great school district. Excellent bang for your buck!

Learn more about this #NicePad below.  

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HaliPad Pick | Jan 17/23

Our HaliPad Pick today is going to switch a little bit from the functional and affordable option of yesterday, to more of something you might spend time dreaming about. 

This home offers wonderful lake frontage where you can enjoy swimming, skating and boating. Or, if you prefer seeing the bottom, you'll love the saltwater pool or relaxing in the hot tub!  Not all waterfront properties are located away from amenities either.  This home enjoys close proximity to numerous shops and services in Cole Harbour or is just a short 20 minute drive to downtown Halifax!

Learn more about this #NicePad below. 

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HaliPad Pick | Jan 16/23

Our HaliPad Pick today is a great semi-detached home in Governors Brook.  We like semi-detached homes because they offer many of the same features offered by detached homes at a more affordable price.  You don't need to sacrifice square footage and can still enjoy a backyard.  As well, this home has seen numerous upgrades from heat pumps and a propane fireplace to paint and custom blinds!

Governors Brook is home to lots of young families and you'll enjoy the abundant walking trails surrounding the Colpitt Lake wilderness area.  All this, a short distance to Halifax!

Learn more about this #NicePad below.

Contact a HaliPad Consultant to Start Your Search


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HaliPad Pick | Jan 10/23

Our HaliPad Pick today is one of the last remaining suites on the harbour side at The Roy in Halifax.  The "True North" offers almost 1,400 square feet of living space with two bedrooms and an office/den, all of which offer a view of the Harbour. 

We love the modern finishing and attention to detail including, solid core doors, engineered hardwood, quartz counters, heated floors and floor-to-ceiling glass windows.  Also at The Roy, you have 10,000 square feet of amenities at your fingertips.  Enjoy a movie in the theatre or a game of billiards in the library. Make use of the fully equipped gym or yoga studio in the morning, before taking a swim in the heated pool or a few quiet moments in the sauna or steam room.  Plan a…

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HaliPad Pick | Jan 10/23

Our HaliPad Pick today is not new to market but it does have a new price!  That’s not the only thing special about it either. 

When you think condo, do you think about high rises devoid of character? If so, unit 3 at 1260 Queen Street will do a lot to change your perspective! Located in Historic Schmidtville, this 100 year old house conversion offers three units, each full of charm and character.  This unit - the penthouse - showcases a gorgeous conservatory where you can enjoy all day sun and views of the garden.  The light washes over the living space and kitchen with its beautiful exposed brick wall. A true escape while you are still in walking distance to the exciting hustle and bustle of the city!

This is what Halifax is…

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