Halifax’s real estate market remains dynamic, with buyers and sellers navigating shifting conditions. As of February 2025, five key communities stand out based on sales volume, price trends, and market competitiveness. Whether you're looking to buy or sell, understanding these trends can help you make informed decisions. Below, we break down the latest statistics from the Nova Scotia Association of REALTORS® (NSAR) to provide a clear picture of the Halifax housing market.
1. Bedford: The Leader in Sales Volume
Bedford continues to dominate the Halifax real estate scene, recording the highest number of sales with 56 properties sold in February 2025. This suburb is highly desirable due to its balance of suburban charm, waterfront appeal, and access to top-rated schools.
The average home price in Bedford sits at $785,000, with a median price of $742,000. Home prices in the area have seen an 8.2% year-over-year increase, demonstrating strong demand. Additionally, homes here spend an average of 28 days on the market, making it a moderately fast-moving area.
One of Bedford’s most notable trends is that 43% of properties sold above the asking price. This signals competitive bidding, likely fueled by well-priced listings and high buyer interest. With a price per square foot of $318, Bedford offers a solid investment opportunity for those looking to enter Halifax’s thriving housing market.
2. Dartmouth: Affordable Prices and Steady Growth
Dartmouth remains a strong performer, known for its affordability and waterfront access. In February 2025, 52 homes were sold, making it the second most active market. Buyers are drawn to Dartmouth for its community feel, improving infrastructure, and relative affordability compared to other Halifax neighborhoods.
The average price of a home in Dartmouth is $495,000, with a median price of $478,000. These figures make Dartmouth the most affordable of the top five communities. However, the market is still competitive, with 32% of homes selling over asking price. The price per square foot here is $263, reflecting a 5.8% year-over-year increase.
One key factor to note is that homes in Dartmouth have the longest days on market (37 days). This could indicate that while demand is present, buyers are more price-sensitive, and homes may require strategic pricing or updates to sell quickly.
3. Clayton Park: A Balanced Mid-Market Performer
Clayton Park has established itself as a balanced market, appealing to families and professionals seeking convenience and modern amenities. In February 2025, 48 properties were sold, placing it in the mid-tier for sales volume among Halifax communities.
The average home price in Clayton Park stands at $548,000, with a median price of $522,000. This represents a 6.5% increase year over year, signaling consistent growth. Homes in Clayton Park spend an average of 34 days on the market, reflecting a steady pace of transactions.
What makes Clayton Park attractive is its 38% over-asking sale rate, which suggests buyers are willing to pay a premium for move-in-ready homes or well-located properties. The price per square foot is $287, offering good value compared to some of the pricier Halifax neighbourhoods.
4. South End: Halifax’s Luxury Market Leader
For those seeking high-end real estate, South End Halifax remains the city’s most prestigious neighborhood. In February 2025, 43 homes were sold, with South End boasting the highest average home price of $832,000 and a median price of $798,000.
One of the standout statistics for South End is its market speed—homes here sell in just 26 days on average, the fastest among all five communities. Additionally, 47% of properties sold over the asking price, highlighting strong demand for well-maintained historic and luxury homes.
With a price per square foot of $356, South End is the priciest neighborhood on this list, but buyers are drawn to its central location, proximity to universities, and historic charm. Year over year, prices have increased by 9.4%, making it a strong long-term investment.
5. Fall River: A Competitive Market with Spacious Homes
Fall River continues to attract homebuyers looking for space and tranquility without being too far from Halifax’s core. In February 2025, 38 homes were sold, positioning it as a moderately active market.
The average home price in Fall River is $672,000, with a median price of $648,000. This represents a 7.3% increase year over year, indicating healthy demand. Homes in Fall River tend to offer larger lots and more privacy, making it a popular choice for families and professionals who want a quieter lifestyle.
One of the key takeaways from Fall River’s market is its 36% over-asking sale rate, showing competitive buyer interest. Homes here stay on the market for 32 days on average, making it a relatively fast-moving market. With a price per square foot of $292, Fall River offers a solid balance between affordability and space compared to Halifax’s urban communities.
Key Takeaways from Halifax’s Housing Market
Bedford leads in sales volume with strong competition and rising prices.
Dartmouth remains the most affordable option, though homes take longer to sell.
Clayton Park is a balanced mid-market performer with steady price growth.
South End dominates the luxury market, with high prices and fast sales.
Fall River offers space and privacy, with competitive bidding driving prices upward
