Halifax Condominium Market Analysis
December 2025 Sales Performance Report
Stats from the Nova Scotia Association of REALTORS® (NSAR)
Executive Summary
December 2025 concluded with 33 condominium sales across Halifax Regional Municipality, reflecting continued buyer selectivity in a market characterized by extended inventory exposure and significant price negotiations. The data reveals a market where sellers faced meaningful pressure to adjust expectations, with 82% of transactions closing below original list price.
Median days on market reached 54 days, though performance varied substantially across submarkets. Downtown Halifax (Districts 1 and 2) demonstrated the strongest velocity, with several properties transacting in under 10 days, while suburban inventory experienced materially longer marketing periods. Price per square foot ranged from $236 to $824, reflecting the diverse property types and locations within the condominium segment.
The median sale price of $404,900 positions December within the broader market context, though buyer leverage remains evident in negotiation outcomes. Properties priced competitively from inception achieved superior results, while those requiring multiple price adjustments experienced both extended marketing periods and greater final concessions from list price.
Total Sales
33
Transactions Completed
Median Sale Price
$404,900
Central Market Position
Median Days on Market
54
Days to Transaction
Median Price/SqFt
$379
Per Square Foot
Below List Price
82%
27 of 33 Properties
Median Reduction
$19,900
From Original List
Sale Price Distribution
Market Insights
- The $300,000-$400,000 price band captured 39% of December transactions, representing the core market segment
- Properties above $600,000 accounted for 21% of sales, indicating sustained demand in the premium condominium sector
- Entry-level inventory under $300,000 comprised 18% of transactions, reflecting limited supply in this category
- Price segmentation demonstrates active buyer participation across all ranges, though negotiation dynamics intensified at higher price points
Days on Market Analysis
Velocity Observations
- Quick sales (under 30 days) represented 36% of transactions, concentrated in Downtown Halifax and Bedford submarkets
- Extended marketing periods (90+ days) affected 27% of inventory, typically properties requiring price repositioning
- Properties achieving sale within the first two weeks demonstrated an average 2.8% variance from list price
- Inventory exposure exceeding 120 days correlated with an average 10.2% reduction from original list price
Sales by District
Geographic Distribution
- Bedford (District 20) led with 4 transactions, demonstrating sustained suburban condominium demand
- Halifax Central and Halifax South (Districts 1 & 2) combined for 8 sales, maintaining urban core market activity
- Dartmouth submarkets (Districts 10, 11, 12) captured 15% of monthly volume
- Transaction distribution across 12 distinct districts illustrates broad geographic market participation
Price Per Square Foot by District
Value Metrics
- Halifax Central (District 1) averaged $567/sqft, commanding a 50% premium over suburban locations
- Halifax South (District 2) demonstrated the highest individual transaction at $824/sqft for boutique waterfront inventory
- Suburban districts (Bedford, Dartmouth, Spryfield) ranged from $237-$390/sqft, reflecting larger unit sizes and land values
- Urban premium remains substantial, with downtown locations justifying higher per-square-foot valuations through location amenity
Complete Transaction Record
| DOM | Original Price | Sale Price | Variance | Address | SqFt | $/SqFt | District |
|---|---|---|---|---|---|---|---|
| 17 | $239,900 | $220,000 | -$19,900 | 120-7 Jamieson Street | 560 | $393 | 10-Dartmouth Downtown to Burnside |
| 154 | $299,000 | $280,000 | -$19,000 | 116 79 Collins Grove | 800 | $350 | 17-Woodlawn, Portland Estates, Nantucket |
| 179 | $385,000 | $282,250 | -$102,750 | 304 3330 Westerwald Street | 977 | $289 | 6-Fairview |
| 17 | $329,000 | $315,000 | -$14,000 | 135 Ridge Valley Road | 1,080 | $292 | 7-Spryfield |
| 2 | $319,000 | $315,000 | -$4,000 | 7B Arklow Drive | 1,220 | $258 | 15-Forest Hills |
| 4 | $299,900 | $330,000 | +$30,100 | 211 5393 Victoria Road | 550 | $600 | 2-Halifax South |
| 84 | $364,900 | $345,000 | -$19,900 | 431 96 Moirs Mill Road | 1,195 | $289 | 20-Bedford |
| 11 | $375,000 | $355,000 | -$20,000 | 113 51 Wimbledon Road | 1,135 | $313 | 20-Bedford |
| 76 | $375,000 | $359,000 | -$16,000 | 208 83 Kearney Lake Road | 920 | $390 | 5-Fairmount, Clayton Park, Rockingham |
| 89 | $399,900 | $373,000 | -$26,900 | 202 5689 Cunard Street | 795 | $469 | 1-Halifax Central |
| 15 | $375,000 | $373,250 | -$1,750 | 78 Bromley Road | 1,302 | $287 | 7-Spryfield |
| 5 | $384,900 | $377,500 | -$7,400 | 9 Collins Grove Ridge | 1,600 | $236 | 17-Woodlawn, Portland Estates, Nantucket |
| 169 | $449,900 | $384,000 | -$65,900 | 306 60 Walter Havill Drive | 1,035 | $371 | 8-Armdale/Purcell's Cove/Herring Cove |
| 5 | $399,000 | $385,000 | -$14,000 | 7 Braeside Lane | 1,458 | $264 | 5-Fairmount, Clayton Park, Rockingham |
| 70 | $439,900 | $392,500 | -$47,400 | 5551 Stoneham Court | 1,650 | $238 | 3-Halifax North |
| 3 | $399,900 | $399,900 | $0 | 708 1326 Lower Water Street | 854 | $468 | 2-Halifax South |
| 164 | $429,900 | $404,900 | -$25,000 | 21 1300 Queen Street | 1,000 | $405 | 2-Halifax South |
| 1 | $439,900 | $437,000 | -$2,900 | 12 77 Collins Grove | 1,615 | $271 | 17-Woodlawn, Portland Estates, Nantucket |
| 107 | $450,000 | $438,000 | -$12,000 | 301 80 Spinnaker Drive | 1,183 | $370 | 8-Armdale/Purcell's Cove/Herring Cove |
| 59 | $449,900 | $445,000 | -$4,900 | 75 Sailors Trail | 1,548 | $287 | 11-Dartmouth Woodside, Eastern Passage, Cow Bay |
| 33 | $519,900 | $490,000 | -$29,900 | 602 1048 Wellington Street | 595 | $824 | 1-Halifax Central |
| 26 | $499,000 | $495,000 | -$4,000 | 401 67 Kings Wharf Place | 847 | $584 | 10-Dartmouth Downtown to Burnside |
| 46 | $499,900 | $499,900 | $0 | 162 Sailors Trail | 1,214 | $412 | 11-Dartmouth Woodside, Eastern Passage, Cow Bay |
| 64 | $539,900 | $500,000 | -$39,900 | 104 5505 Inglis Street | 1,357 | $368 | 2-Halifax South |
| 1 | $509,000 | $501,500 | -$7,500 | 612 202 Walter Havill Drive | 1,212 | $414 | 8-Armdale/Purcell's Cove/Herring Cove |
| 56 | $549,000 | $520,000 | -$29,000 | 2173 Maitland Street | 1,370 | $380 | 1-Halifax Central |
| 124 | $625,000 | $570,000 | -$55,000 | 301 89 Waterfront Drive | 1,461 | $390 | 20-Bedford |
| 27 | $599,990 | $580,000 | -$19,990 | 504 267 Gary Martin Drive | 1,234 | $470 | 20-Bedford |
| 115 | $699,900 | $585,000 | -$114,900 | 206 67 Kings Wharf Place | 1,200 | $488 | 12-Southdale, Manor Park |
| 47 | $585,000 | $590,000 | +$5,000 | 504 50 Waterfront Drive | 1,490 | $396 | 20-Bedford |
| 152 | $679,000 | $610,000 | -$69,000 | 805 15 Kings Wharf Place | 1,445 | $422 | 12-Southdale, Manor Park |
| 54 | $680,500 | $680,500 | $0 | 407 53 Bedros Lane | 1,910 | $356 | 5-Fairmount, Clayton Park, Rockingham |
| 137 | $759,900 | $719,900 | -$40,000 | 704 5511 Bilby St | 877 | $821 | 1-Halifax Central |
