Executive Summary

Halifax’s single-family resale market closed out December 2025 with buyers firmly in control. Of the 239 homes sold during the month, 75% transacted below asking price, underscoring a continued shift away from the seller-dominated conditions of previous years.

Inventory expanded through the month, with 1,033 active listings by month-end, up 21% from the 852 homes available at the start of December. Despite 181 new listings entering the market, only 22% converted to sales, reflecting cautious buyer behaviour and disciplined decision-making as 2025 came to a close.

Price adjustments were common, agreements were selective, and time on market stretched — all signs of a market recalibrating toward balance. While well-priced homes still moved efficiently, overall conditions rewarded buyers who were patient, informed, and strategic.

December 2025 Halifax Single Family Market Snapshot

Total Sales 239 completed transactions

Average Sale Price $635,452  Median: $570,000

Market Inventory 1,033 active listings
(852 opening inventory + 181 new listings)

Average Days to Contract 51 days Median: 30 days

Market Activity Metrics

New Listings 181

Listings Converted to Sales 40

Conversion Rate 22%

Current Market Time 105 days

Terminated Listings 60

Price Adjustments 126

Agreements Written 613

Agreement Success Rate 39%

Only 39% of written agreements resulted in completed sales in December 2025, reinforcing that buyers are willing to walk away when pricing, condition, or expectations don’t align. Combined with 126 price reductions in a single month, the data reflects ongoing pricing recalibration as sellers respond to market realities.

Pricing Performance Analysis: Buyers Have Leverage

Sold Over Asking 15.5%
Average premium: +$19,422

Sold Under Asking 74.5%
Average discount: –$52,505

Three out of four Halifax single-family homes sold below list price in December 2025, with an average discount exceeding $52,000. That’s not a rounding error — it’s a structural shift in negotiating power.

Homes that sold over asking still did so, but the premiums were modest. The broad-based bidding wars of earlier cycles were largely absent, replaced by deliberate and data-driven buyer behaviour.

Transaction Velocity: A Two-Speed Market

December 2025 continued to display a two-tier market structure.

• Homes priced correctly and presented well often secured agreements within the 30-day median window.

• Properties that missed the mark pushed the average days to contract to 51 days.

• Active listings averaged 105 days on market, highlighting the consequences of overpricing or delayed adjustments.

This isn’t a stalled market — it’s a selective one.

Price Distribution: Where the Market Actually Moved

Average Price Per Square Foot$294

Dominant Price Segment $400,000 – $600,000

Luxury Segment ($1M+) 21 sales

Nearly 47% of all December 2025 sales occurred between $400,000 and $600,000, reinforcing this range as Halifax’s primary resale corridor. Expanding to the $400,000–$800,000 band captures 68% of all market activity.

The luxury segment remained active, with 21 homes selling over $1 million, representing 9% of total sales. While slower than peak years, high-end demand remained present and deliberate.

Geographic Distribution: Buyer Focus Areas in December 2025

Sales activity in December 2025 continued to concentrate in established suburban markets offering perceived value, infrastructure, and livability.

Top areas by transaction volume included:

• Timberlea–Prospect–St. Margaret’s Bay – 30 sales

• East Hants / Colchester West – 21 sales

• Bedford – 18 sales

Followed by:

• Woodlawn–Portland Estates–Nantucket

• Clayton Park–Fairmont–Rockingham

The top five areas accounted for 42% of all Halifax single-family sales in December 2025, highlighting consistent buyer preference patterns.

What This Means for Halifax Sellers in 2026

December 2025 closed the year with a clear message for sellers heading into 2026: optimism must be paired with strategy.

This is not a market where pricing high and waiting works. Sellers who succeed are those who:

• Price based on current market data, not prior-cycle benchmarks

• Prepare their homes thoroughly before listing

• React quickly to feedback and activity levels

• Understand that early momentum drives final outcomes

Homes that miss the mark tend to sit longer, adjust later, and ultimately sell for less.

What This Means for Halifax Buyers

For buyers, December 2025 confirmed that choice and leverage remain firmly on the table.

With higher inventory, longer market times, and frequent price adjustments, buyers are able to:

• Negotiate more effectively

• Include conditions without penalty

• Walk away when value isn’t there

The key advantage is time — something buyers didn’t have in earlier cycles.

Whether you’re preparing to sell in 2026 or evaluating buying opportunities, understanding how the Halifax market actually closed out 2025 is critical.  If you want a neighbourhood-specific or price-range breakdown tailored to your situation, reach out. Clear data leads to better decisions.