Condo Stats
Condo Sales
Halifax Condo Sales
This page provides a comprehensive look at the Halifax condominium market, with up-to-date statistics and trends designed to inform buyers, sellers, and investors alike. Here, you'll find detailed data on condo sales volume, average pricing, days on market, and inventory levels across the Halifax Regional Municipality.
Whether you're considering purchasing a condo, preparing to list your unit, or simply researching the local housing landscape, these monthly insights will help you better understand how the Halifax condo market is performing. This information is especially valuable for those evaluating timing, pricing strategies, and buyer activity within the condominium segment.
May 2025 Analysis • 73 Condo Sales
Buyer's Market Dynamics • $32.7M Total Volume
71.2%
Sold Under Asking
30.2
Avg Days on Market
$447
Avg Price/SqFt
56%
Halifax Market Share
39.7%
Sold Under 10 Days
Over/Under Asking Price Performance
Days on Market Distribution
Condo Sales by Community
Price Per Square Foot Distribution
Community Performance Comparison
Key Condo Market Insights
🔴 Buyer's Market Signal
71.2% sell under asking vs only 38.4% of houses selling over asking
Average under asking: $21,496
Buyers have strong negotiating power
🏆 Premium Locations
Halifax Peninsula: $551/sqft, 6.3 days avg
Halifax Core: $477/sqft, 29 days avg
Dartmouth: $430/sqft, 25.7 days avg
⚡ Speed Champions
Joel Flewelling: 1.5 days average
Halifax Peninsula: 6.3 days average
Fast sales (under 10 days): Still 37.9% over asking
📊 Market Segments
Under $400/sqft: 43.8% of market
$400-$500/sqft: 28.8% of market
Over $700/sqft: 8.2% premium segment
⚠️ Challenges
Bedford: 39.9 days avg, $376/sqft
Slow sales (60+ days): 100% under asking
Overpricing penalty: Significant time cost
💰 Volume Distribution
Halifax: 56% market share (41 sales)
Average sale: $509,424
Price range: $210K - $1.1M
Condo vs House Market Comparison: Condos average 30.2 days vs houses at 26.4 days on market. 71.2% of condos sell under asking vs 38.4% of houses selling over asking. This indicates condos are in a buyer's market while houses remain in a seller's market.
*All stats are taken from NSAR YTD
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