Halifax Real Estate May 2025

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ThespringrealestatemarketinHalifaxisheatingup andnewconstructionisfrontand centre.FromTimberleatoDartmouth,freshbuildsareattractingeagerbuyers,and price-per-square-footisametricthat’stellingusalotaboutwherethedemand(and thedollars)aregoing.

Ifyou’reabuyerscopingoutwheretoinvest orasellerorbuildercuriousaboutmarket traction here’syourdeepdiveintoApril’snewconstructionlandscape.

TopHomeBuildersinHalifaxbySalesVolume(andPriceperSquareFoot)

Notallbuildersarecreatedequal andneitheraretheirpricetags.Here’swho dominatedthemarketinAprilbasedonclosedsales,alongwithabreakdownoftheir pricingstrategies...

Thisweek,Icarvedoutsometime(andalargecupof coffeeImeanwine)todigdeepintoHalifax’scurrent inventory—andnotjusttheshinynewlistings,butthe homesthathaven’tsold.Thesearethepropertiesthathave beensitting,waiting,andoftenquietlydroppingtheir prices.

WiththehelpofAI,Icombedthroughthedataandpatterns oneveryactivelistinginHalifax....

WHO’SBUYINGINHALIFAX?MEETYOUR2025

Hithere it’sSandra,backwithanotherlookintowhat’s reallyhappeningintheHalifaxrealestatemarket.Nowthat we’recruisingintoMay,I’vespentsometimeanalyzingthe numbersfromJanuarythroughApril,andletmetellyou: thismarketisanythingbutsleepy.

Butbeyondthestatsandspreadsheets(which,yes,I obsessovermorethanIcaretoadmit),whatIfind fascinatingiswhoisdrivingtheactivity...

HALIFAX CONDO MARKET UPDATE

– APRIL 2025:

What You Really Need to Know

If you're following the Halifax condo market like it’s your favourite binge-worthy Netflix series, April 2025 just dropped a new episode and yes, it's full of plot twists, power moves, and a few surprise endings. Whether you're buying, selling, or just snooping (we see you), here’s your front-row seat to all the action. Let's break it down, stat by stat.

Market Overview: Halifax Condos in April 2025

April saw 85 condo sales across Halifax, a decent pace given the season and economic climate. While the average days on market landed at 32.4, the median was only 14, which tells us some units flew off the shelves while others took their sweet time (likely due to price or presentation).

Price Snapshot:

Average original listing price: $474,633

Average final selling price: $464,288

So, yes buyers are negotiating. But that doesn’t mean sellers are losing the upper hand. It just depends on where and what you're selling.

Selling Price vs Asking: Who’s Winning the Tug of War?...

KeyInsights-April2025

Themajorityofcondosales(64.7%)wereunderaskingprice,withanaveragediscountof $22,087.

Mostpopularpricerange:$300K-$400K(25sales)followedby$400K-$500K(22sales) HalifaxSouthandFairmount/ClaytonParkareastiedforthehighestsalesvolume(19units each).

DartmouthDowntownhadthehighestpercentageofunitssellingoverasking(42.9%).

Mediandaysonmarket(14)waslowerthantheaverage(32.4),indicatingthatsome propertieswithverylonglistingperiodsaffectedtheaverage.

Listed Homes PENDING

Listed Homes

Listed Homes PENDING

Listed Homes PENDING

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