- Home
- Selling Buying
- For Sale
- Seniors
- Divorce
- Military Moves
- Market Stats
-
Area Sales
- Halifax Central
- Halifax Quinpool South
- Halifax North
- Halifax West
- Fairmount, Clayton Park & Rockingham
- Fairview
- Spryfield
- Purcell's Cove & Armdale
- Harrietsfield, Sambro & Area
- Lawrencetown, Lake Echo & Porters Lake
- Beaver Bank & Upper Sackville
- Dartmouth Downtown to Burnside
- Woodside to Cow Bay
- Southdale & Manor Park
- Creighton Park to Albro Lake
- Waverley to Montague Mines
- Forest Hills
- Colby Village
- Woodlawn, Delmac & Portland Estates
- Bedford
- Hammonds Plains, Kingswood & Area
- Sackville
- Waverley, Fall River & Area
- Halifax County South & West
- East Hants County
- CONTACT
- Blog
Halifax Condo Market Report August-2025
Halifax Condominium Market Analysis
August 2025 Market Snapshot
Halifax's condominium market demonstrates continued buyer selectivity with a 14% absorption rate in August 2025. Market dynamics reveal significant pricing adjustments, with 72.5% of sales requiring price reductions averaging $12,881. The 47-day average DOM and 96.4% sale-to-list ratio indicate a balanced but competitive environment favoring informed buyers. Year-to-date performance shows a 63% sell-through rate with consistent pricing pressure reflected in 67% of transactions involving price reductions.
Key Performance Indicators
Market Activity Analysis
Pricing Dynamics
Market Performance Summary
| Metric | August 2025 | YTD 2025 | Market Indication |
|---|---|---|---|
| Total Listings | 287 | 731 | Adequate Supply |
| Sales Volume | 40 | 460 | Steady Demand |
| Average Sale Price | $485,226 | $489,389 | -0.85% Monthly |
| Price Reductions | 72.5% | 67.2% | Buyer Leverage |
| Avg. Price Reduction | $12,881 | $20,364 | Pricing Adjustment |
Strategic Market Insights
- Low absorption rate of 14% indicates buyer selectivity and negotiation opportunities
- 47-day DOM suggests properties require strategic pricing and presentation
- High frequency of price reductions (72.5%) demonstrates importance of initial pricing strategy
- 96.4% sale-to-list ratio indicates final pricing typically aligns with market expectations
- YTD sell-through rate of 63% reflects consistent but measured market activity
- Average price reduction variance between monthly ($12,881) and YTD ($20,364) suggests improved pricing accuracy in recent months
.jpg)
iChatBack
Royal LePage Atlantic.
We are leaders in the real estate community with a reputation for integrity, dedication and as equally important, we are known for achieving results. Our professional, motivated and trustworthy Team Members are committed to delivering quality service for both buyers and sellers. From the very start of your search to the day of your sale, whether it is a condo, townhouse, cottage, farm, or commercial property that you are looking to buy or sell, we are here to help you with real estate choices.
CONTACT US
Royal LePage Atlantic
84 Chain Lake Drive Suite 300
Halifax, NS B3S 1A2
Independently Owned & Operated
SHARE ON SOCIAL MEDIA
MARKET SNAPSHOT
Get this week's local market conditions by entering your information below.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
MLS®, Multiple Listing Service®, REALTOR®, REALTORS®, and the associated logos are trademarks of The Canadian Real Estate Association.