Halifax Condominium Market Report – January 2026

If you’re wondering whether Halifax’s condominium market has shifted, January 2026 gives a very clear answer: buyers are in control.

According to statistics from the Nova Scotia Association of REALTORS®, 32 condominiums sold across nine Halifax districts in January. On the surface, that may sound steady—but once you dig into pricing, days on market, and negotiation outcomes, the story sharpens fast.

Nearly 97% of condos sold below asking price, with an average discount of $25,365.

This report breaks down what’s actually happening in the Halifax condo market, district by district, and what it means whether you’re buying, selling, or watching from the sidelines.

January 2026 Condo Market Snapshot – Halifax

• Total Condo Sales: 32
• Districts Covered: 9
• Average Selling Price: $477,794
• Median Price: $440,000
• Average Days on Market: 66
• Median Days on Market: 60
• Average Price per Sq. Ft.: $415
• Average Unit Size: 865 sq. ft.

The headline takeaway? Pricing pressure is universal, and seller expectations remain consistently ahead of market reality.

Pricing Performance: The Below-Asking Market Is Now the Rule

Let’s be blunt—January was not a “mixed” market.

• Sold Over Asking: 1 sale (3.1%)
• Sold At Asking: 0 sales
• Sold Under Asking: 31 sales (96.9%)
• Average Discount: −$25,365 (≈5.0%)

This isn’t aggressive buyers “getting lucky.” This is how the market is clearing.

The lone above-asking sale occurred in Bedford, where a condo listed at $339,900 sold for $350,000 after just 7 days—because it was priced below market value on purpose.

Where the Sales Happened: District Market Share

Sales were heavily concentrated, with three districts accounting for nearly two-thirds of all activity:

• District 5 (Fairmount / Clayton Park / Rockingham): 11 sales (34.4%)
• District 1 (Halifax Central): 6 sales (18.8%)
• District 2 (Halifax South): 4 sales (12.5%)

The rest of the market was fragmented, with smaller pockets of activity spread across Bedford, Spryfield, Woodlawn, Forest Hills, and Crichton Park.

District Pricing & Absorption Comparison

District Pricing & Absorption Comparison

The spread here matters. Halifax South condos are selling for more than double the price of Spryfield—but they’re also taking over twice as longto sell.

District 2: Halifax South — High Prices, Heavy Negotiation

• Average Price: $802,500
• Average Days on Market: 91
• Average Discount: −$56,150

Halifax South remains Halifax’s luxury condo market—but January showed clear resistance above the $800,000 mark.

The highest sale ($835,000 on South Park Street) took 169 days to sell. Meanwhile, two Summer Street units priced at $785,000 moved far faster—one in just 28 days.

Translation: Buyers are willing to pay for location.

District 1: Halifax Central — Stable but Still Discounted

• Average Price: $487,333
• Average DOM: 50
• Average Discount: −$18,933

Every condo sold below asking, but Halifax Central still outperformed the citywide average for absorption speed.

Street-level data matters here:

• Roberts Street condos sold for more but took twice as long.
• Nora Bernard Street units priced sharper and moved faster.

Price precision—not just location—is driving outcomes.

District 5: Fairmount, Clayton Park, Rockingham — The Volume Engine

With 11 of 32 sales, District 5 carried the market in January.

• Average Price: $398,855
• Average DOM: 66
• All sales below asking

Sub-district 5-E stood out, averaging just 49 days on market, while 5-F took more than 100 days despite lower prices. This reinforces a theme we’re seeing repeatedly in Halifax:

Location quality beats affordability every time.

District 20: Bedford — Fastest Market in Halifax

• Average DOM: 25 days
• Sub-$400K units: averaging 9 days

Bedford was the standout for speed. When priced correctly—especially in the $350K–$360K range—condos moved immediately, even generating the month’s only over-asking sale.

This is where buyers face competition despite broader market softness.

District 12: Southdale & Manor Park — The Slow Lane

• Average DOM: 170 days
• Longest sale: 272 days
• Largest discount: −$55,000

These sales highlight what happens when overpricing meets low buyer urgency. Long exposure led to deeper discounts and weaker outcomes than if pricing had been realistic from day one.

What This Means for Sellers in Halifax

• The 5% discount is baked in. This is no longer a negotiation anomaly—it’s the clearing mechanism.
• Luxury pricing demands discipline. Above $800,000, buyers slow down and push harder.
• Micro-location matters. Sub-districts, buildings, and even streets outperform or underperform independently.
• Overpricing costs more than you think. Carrying costs + stigma compound quickly.

If you’re selling a condo in Halifax right now, strategy matters more than optimism.

What This Means for Buyers

• Leverage is everywhere. From Spryfield to South Park Street.
• Watch days on market. Over 100 days = motivated seller.
• Bedford moves fast. Be ready if you’re shopping there.
• District 5 and 7 offer value. Especially on a price-per-square-foot basis.

This is one of the most negotiable condo markets Halifax has seen in years—if you understand where to push and where to move quickly.

Market Summary

January 2026 confirmed a buyer’s market across every condominium district in Halifax. Pricing stratification remains strong by location, but no area is immune from negotiation pressure. Sellers who align with the market are transacting. Those who don’t are waiting—and discounting later.

If you’re selling—or thinking about selling—a condo in Halifax, the difference between a strong outcome and a frustrating one is pricing accuracy and district-specific strategy.

Authored by Sandra Pike, REALTOR®
The Pike Group | Royal LePage Atlantic
One of Halifax’s Top Resale Listing Agents Since 2016
Data-driven market insights for real people making real decisions

Data has not been independently verified.