If you’ve been watching the Halifax real estate market lately and wondering, “Are homes still selling fast?”—the answer is a big, bold yes... but ONLY if you're priced and positioned just right. Let’s take a walk-through May’s numbers and unpack what they actually mean for homeowners and would-be sellers in our city.

Days to Sell: Blink and You’ll Miss It (For Half the Market, Anyway)

Let’s start with how long homes are sitting on the market:

• Average Days on Market: 26.4
• Median Days on Market: Just 9
• Fastest Sale: 1 day
• Longest Sale: 414 days (Yikes. Price confusion, anyone?)

But here’s the real headline:
🔥 51.2% of homes sold in under 10 days
🔥 Nearly half—47.1%—sold in just one week

That’s not just a fast-moving market; that’s practically lightning speed. If your property’s been sitting for more than 30 days, it’s not the market—it’s the message (price, presentation, or both).

🏘️ Hottest Markets in HRM

Here’s where the action is happening by sales volume:

• Halifax (city): 87 sales, averaging 16.1 days on market
• Dartmouth: 69 sales, 17.9 days
• Bedford: 31 sales, but — 49.7 days on average!
• Lower Sackville: 26 sales, flying at 14.3 days
• Eastern Passage: 21 sales, quick at 13.8 days
• Cole Harbour: Lightning fast—12 sales averaging just 9.0 days

Takeaway? Core urban and suburban areas are moving quickly—if you're not overpriced. Bedford and Fall River saw longer timelines, which is often a mix of higher price points and buyer hesitation at that level.

💰 Price Points That Get Snapped Up

Here’s how price impacts speed:

That $300K–$500K price range? It’s the golden ticket. Homes here aren’t just selling quickly—89.5% of them moved in under 30 days. If you're priced in this bracket and you're not sold, you’ve either missed the mark with pricing or haven’t made your home pop enough to grab attention.

💎 The Luxury Market: Small Pool, Strong Swimmers

Now, don’t let anyone tell you luxury isn’t moving. The high-end market in Halifax has shown surprising strength:

• 36 luxury sales ($1M+)
• Average price: $1.31M
• Average DOM: 41.1
• 66.7% sold within 30 days

Where’s it happening? Right in the city:

• Halifax proper had 12 luxury sales—and get this—7.2 days on market average.
  Yes, faster than many non-luxury homes.

Other notables:

• Bedford: 6 sales, but long tail at 73.7 days
• Fall River: 4 sales, 40.3 days
• Upper Tantallon: 3 sales, speedy 5.0 days

The luxury sector may be a smaller slice of the pie (7.7% of total sales), but serious buyers are out there—and they’re decisive when they see the right home.

📈 Final Thoughts: Are We Still in a Seller’s Market?

Technically, yes—but today’s sellers need to work for it.

• 38.4% sold over asking
• 49.9% sold at or above asking

This is not 2021 anymore, where you could list your home and wait for the bidding wars to roll in. Buyers are informed, selective, and strategic—and if your home doesn’t tick their boxes (and meet their price expectations), they’ll move on.

Want the Inside Track on How to Sell Fast?

If you're thinking of selling and want to land in that sweet “under 10 days” club, give me a call. I’ll tell you what’s working, what’s not, and exactly how to price, prep, and present your home to stand out in today’s Halifax market.