July 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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