Halifax Single Family Home Market - YTD 2025

Halifax Single Family Home Market - YTD 2025

As of the end of July 2025, Halifax’s single-family home market has moved over 2,600 properties, with seasonal momentum driving both buyer activity and price behavior. This year’s market has been tight, competitive, and full of classic spring fever energy

Market Activity: New Listings vs Sales

Days on Market Trend

Average Pricing Trends

Over-Asking Price Activity

Price Reduction Activity

Market Balance: Under vs Over Asking

Key Market Insights from Charts

Supply vs Demand

New listings consistently exceed sales, suggesting inventory buildup (confirmed by your July inventory note of 1,419 total homes)

Market Speed

DOM improved from 52 days (Jan) to 26 days (May), now at 29 days - still a fast-moving market

Pricing Power

April showed peak over-asking activity (44%), June shows anomaly (12% - data issue?), July rebounds to 34%

Market Stress

Price drops increasing steadily (144 to 254), average drop amount volatile ($32K-$45K)

Data Source: Statistics compiled from MLS® data provided by the Nova Scotia Association of REALTORS® (NSAR) for the period January 2025 through July 2025, covering single family home transactions in the Halifax Regional Municipality.

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