By Tina Parker, CNE, REDM, SRES, CSP Home Staging REALTOR, Halifax
(Keller Williams Select Realty)
Bedford, Nova Scotia real estate market report for February 2021. The following graphs are for single family homes, year to date median statistics comparing all of Nova Scotia, The Halifax Regional Municipality and Bedford. As you can see over the past couple of years, the market has turned into an inferno and is not just hot!Prices increased 37.4%, Days on market decreased 86.3% to only 7 days (that long because offers are being held) and months of inventory is down 87.5% to just .3 months. Meaning, if we didn't get any new single family homes on the market, it would take only 10 days for active listings to be sold out. The secret of beautiful Nova Scotia lifestyle has gotten out!