Magneto-fermionic condensate under study is a Bose-Einstein condensate of cyclotron spin-flip magnetoexcitons in a quantum Hall insulator. This condensate features unique properties such as millisecond range lifetime and hundreds of micrometers of propagation length. In this study, utilizing the photo-induced resonant reflection technique, we measured the exciton escape time. Finally, we estimated the exciton condensate propagation velocity as 25 m/s, which is much higher than a single particle propagation velocity. We also proposed a mechanism of exciton condensation.