May 2025
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
Key Condo Market Insights
71.2% sell under asking vs only 38.4% of houses selling over asking
Average under asking: $21,496
Buyers have strong negotiating power
Halifax Peninsula: $551/sqft, 6.3 days avg
Halifax Core: $477/sqft, 29 days avg
Dartmouth: $430/sqft, 25.7 days avg
Joel Flewelling: 1.5 days average
Halifax Peninsula: 6.3 days average
Fast sales (under 10 days): Still 37.9% over asking
Under $400/sqft: 43.8% of market
$400-$500/sqft: 28.8% of market
Over $700/sqft: 8.2% premium segment
Bedford: 39.9 days avg, $376/sqft
Slow sales (60+ days): 100% under asking
Overpricing penalty: Significant time cost
Halifax: 56% market share (41 sales)
Average sale: $509,424
Price range: $210K - $1.1M
*All stats are taken from NSAR YTD
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