Halifax Single Family Detached Home Sales

Halifax Regional Municipality

Detached Home Sales Market Report - June 2025

Executive Summary

The Halifax Regional Municipality detached home market demonstrated robust activity in June 2025, with 447 sales completed from 590 listings, representing a healthy 76% sell-through rate. The market showed balanced conditions with an average of 30.4 days on market and homes averaging 65 years of age.

Pricing dynamics revealed a competitive but realistic market environment. The average listing price of $668,632 resulted in an average sold price of $654,189, indicating a modest 2% decrease from listing to sale. Notably, 244 properties (55%) sold under asking price by an average of $45,704, while 161 properties (36%) sold over asking price by an average of $29,256, demonstrating varied market conditions across different price segments and communities.

Analysis of the 446 recorded sales shows Halifax and Dartmouth as the most active markets, accounting for 28% of all detached home sales. The overall average price per square foot reached $316.09, with significant premium pricing in urban core areas like Halifax ($386.14/sqft) compared to suburban and rural communities.

Key Market Metrics

447
Homes Sold
590
Homes Listed
76%
Sell-Through Rate
30.4
Avg Days on Market
$654,189
Avg Sold Price
$316.09
Avg Price/SqFt

Most Active Communities

Halifax and Dartmouth led market activity, representing over 27% of all detached home sales with 123 combined transactions.

Price Per Square Foot Analysis

Urban premium evident: Halifax commanded the highest price per square foot at $386.14, 22% above the regional average, reflecting location value and amenities.

Market Insights

Sales Activity vs Price Performance

Source: NSAR Stats for June 2025 - Single-Family Detached Homes
Analysis based on 446 completed sales transactions

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