Stats from the Nova Scotia Association of REALTORS® (NSAR)
Halifax North Single-Family Market Report
District 3 — Bedford Basin & North End | 2025 Market Analysis
Executive Summary
Halifax North, encompassing neighbourhoods bordering the Bedford Basin and Halifax Harbour with convenient access to downtown and major arterials, recorded 71 single-family listings in the analysis period, with 54 properties successfully closing at an average sale price of $649,135. The district demonstrates robust market activity with a 76.1% success rate and an efficient median days-on-market of just 10 days.
Sub-district 3-B (Lady Hammond Road to Kempt Road corridor) captured 57% of all closed sales with stronger buyer demand, while Sub-district 3-A (Bedford Basin to Duffus Street) commanded higher average prices. Failed listings—comprising 2 expired and 4 cancelled properties—reveal pricing challenges in the upper market segments, with the $2.5 million Acadia Street duplex representing the district's most significant pricing gap. The district's highest sale reached $996,500 on Kaye Street.
Total Listings
71
single-family homes
Closed Sales
54
76.1% success rate
Average Sold Price
$649,135
median: $641,834
Median DOM
10
days on market
Listing Status Distribution
The market activity breakdown reveals a healthy absorption rate with over three-quarters of listed properties successfully closing. The 8.5% failure rate (expired and cancelled combined) is notably lower than district averages across HRM, indicating strong buyer demand in the North End corridor.
54
Sold
7
Active
2
Expired
4
Cancelled
2
Conditional
1
Withdrawn
Pricing Performance Analysis
Halifax North operates as a balanced market with a slight seller advantage. Over a third of closed transactions exceeded list price, with properties that sold over asking averaging a premium of $30,696. The overall list-to-sold ratio of 98.7% indicates modest negotiation room for buyers, while the rapid 10-day median DOM confirms properties priced correctly move quickly.
Sold Over Asking
37.0%
20 sales | Avg premium: +$30,696
Sold At Asking
11.1%
6 sales | Exact list price
Sold Under Asking
51.9%
28 sales | Avg discount: −$28,982
| Metric | Value |
|---|---|
| Average List-to-Sold Ratio | 98.7% |
| Median List-to-Sold Ratio | 99.6% |
| Average Price Reduction (for reduced listings) | $45,850 |
| Properties Requiring Reductions | 14 listings (26%) |
Key Insight
Properties priced at market value sell rapidly—often within days—with over a third achieving premiums above asking. The 10-day median DOM rewards strategic pricing while extended market exposure (100+ days) consistently indicates initial overpricing, requiring significant corrections averaging nearly $46,000 to find buyers.
Sub-District Analysis
Halifax North comprises two primary sub-districts with distinct geographic boundaries and market characteristics. Sub-district 3-A borders Bedford Basin and extends toward Lady Hammond Road, while 3-B covers the Lady Hammond to Kempt Road corridor closer to Halifax Harbour.
Sub-District 3-A: Bedford Basin / Lady Hammond Road / Duffus Street
Bordering Bedford Basin with access to waterfront amenities and established residential streets
Total Listings
33
46% of district
Closed Sales
23
69.7% success rate
Average Sold Price
$628,735
median: $593,000
Average DOM
27
days on market
| Status | Count | % of Sub-District |
|---|---|---|
| Sold | 23 | 69.7% |
| Active | 5 | 15.2% |
| Conditional | 2 | 6.1% |
| Expired | 2 | 6.1% |
| Cancelled | 3 | 9.1% |
Sub-District 3-B: Lady Hammond Road / Young Street / Kempt Road
Extending toward Halifax Harbour with proximity to major transportation corridors and downtown access
Total Listings
38
54% of district
Closed Sales
31
81.6% success rate
Average Sold Price
$664,210
median: $650,000
Average DOM
25
days on market
| Status | Count | % of Sub-District |
|---|---|---|
| Sold | 31 | 81.6% |
| Active | 2 | 5.3% |
| Cancelled | 1 | 2.6% |
| Withdrawn | 1 | 2.6% |
Sub-District Comparison
Sub-district 3-B demonstrates notably stronger market absorption (81.6% vs 69.7% success rate) with higher average sale prices ($664,210 vs $628,735). This 12-point difference in success rates suggests buyers are prioritizing the 3-B corridor's proximity to downtown and harbour access.
Price Segment Analysis
Demand concentrates heavily in the $600K–$700K range, which captured over a third of all closed sales. The $500K–$600K segment provides strong entry-level activity, while upper-bracket properties above $800K demonstrate continued appeal but require precise pricing to close.
| Price Segment | Sales | % of Sales | Avg DOM |
|---|---|---|---|
| Under $550,000 | 6 | 11.1% | 53 days |
| $550,000 – $600,000 | 13 | 24.1% | 29 days |
| $600,000 – $700,000 | 19 | 35.2% | 10 days |
| $700,000 – $800,000 | 8 | 14.8% | 14 days |
| $800,000 – $900,000 | 5 | 9.3% | 35 days |
| $900,000+ | 3 | 5.6% | 15 days |
Market Velocity & Value Metrics
Average Days on Market
28
Range: 0 – 155 days
Median Days on Market
10
Well-priced homes sell fast
Average Price per SqFt
$448
Range: $235 – $815/sqft
Average Finished SqFt
1,518
Median: 1,416 sqft
Highest Sale
The district's top transaction demonstrates Halifax North's premium potential for larger, well-appointed properties in desirable locations.
1
Kaye Street
2,450 sqft | 19 DOM | $406.73/sqft | Sub-District 3-B
$996,500
| Metric | Value |
|---|---|
| Selling Price | $996,500 |
| Original List Price | $1,025,000 |
| Final List Price | $989,000 |
| Total Adjustment from Original | −$28,500 (2.8%) |
| Days on Market | 19 days |
| Finished Square Feet | 2,450 sqft |
Street-Level Performance
Multiple streets recorded multiple transactions, providing meaningful pricing benchmarks for these sought-after corridors in Halifax North.
1
Duffus Street
5 sales | Range: $552,500 – $822,000
$667,900 avg
2
Agricola Street
4 sales | Range: $492,500 – $675,000
$576,875 avg
3
Memorial Drive
3 sales | Range: $580,000 – $590,000
$585,000 avg
4
Lynch Street
3 sales | Range: $562,000 – $813,500
$676,700 avg
5
Livingstone Street
3 sales | Range: $595,000 – $755,000
$683,300 avg
Expired Listings Analysis
Two properties expired without selling, collectively spending an average of 154 days on market. These listings reveal pricing thresholds buyers rejected—notably including the district's highest-priced listing at $2.5 million.
Acadia Street (Duplex)
Original: $2,500,000 → Final: $2,495,000 | 215 DOM | 3,700 sqft | Sub-District 3-A
This property represents the district's most significant pricing gap—a duplex priced well above any comparable transaction in Halifax North. The minimal $5,000 reduction after 215 days suggests seller expectations remain disconnected from market realities.
Acadia Street
Original: $774,000 → Final: $749,000 (3.2% reduction) | 92 DOM | 1,600 sqft | Sub-District 3-A
Priced above the district's average and requiring extended market exposure, this property's 3.2% reduction proved insufficient to generate buyer interest.
What Failed Listings Reveal
Both expired properties were priced above $749,000—placing them in the upper quartile where buyer scrutiny intensifies. The Acadia Street duplex at $2.5M represents a pricing anomaly with no recent comparable sales to support that valuation. Sellers in the upper segments should expect extended timelines and be prepared for meaningful price adjustments.
Cancelled Listings Analysis
Four listings were cancelled by sellers, representing strategic withdrawals to reassess pricing or timing. Notably, two of these properties have subsequently sold after relisting at corrected prices—providing valuable insights into eventual market clearing prices.
Macara Street
Original: $725,000 → Final: $649,900 (10.4% reduction) | 120 DOM | 1,105 sqft | Sub-District 3-A
Success story: Relisted and SOLD for $580,000 (20% below original asking)
Drummond Court
Original: $750,000 → Final: $725,000 (3.3% reduction) | 121 DOM | 1,591 sqft | Sub-District 3-A
Success story: Relisted and SOLD for $690,000 (8% below original asking) in just 3 days
Basinview Drive
Original: $699,000 → Final: $699,000 (no reduction) | 79 DOM | 2,303 sqft | Sub-District 3-A
Sebastian Place
Original: $675,000 → Final: $675,000 (no reduction) | 38 DOM | 1,385 sqft | Sub-District 3-B
Lessons from Cancelled Listings
The Macara Street and Drummond Court success stories illustrate that cancelled listings can ultimately transact—but required 8–20% corrections from original pricing to find buyers. The contrast is stark: Drummond Court sold in 3 days after the price reset versus 121 days at the original price point.
Withdrawn Listing
One property was withdrawn from the market, revealing ongoing seller pricing expectations in this competitive segment.
Sullivan Street
Original: $879,900 → Final: $849,900 (3.4% reduction) | 23 DOM | 1,190 sqft | Sub-District 3-B
History: This same property previously sold for $495,000 in May 2025. Now relisted as ACTIVE at $799,900 following the withdrawal—seeking a 61% premium over its recent sale price.
Current Active Inventory
Seven properties remain available, with two carrying price reductions. Extended days on market for several listings suggest further adjustments may be required to attract buyers.
| Street | Sub-Dist | Current Price | Reduction | DOM | SqFt |
|---|---|---|---|---|---|
| Hillside Avenue | 3-A | $399,000 | — | 30 | 1,250 |
| Devonshire Avenue | 3-B | $599,000 | — | 59 | 1,427 |
| Robie Street | 3-A | $750,000 | — | 58 | 1,668 |
| Russell Street | 3-A | $779,900 | −$20,000 (2.5%) | 37 | 2,002 |
| Russell Street | 3-A | $799,900 | — | 31 | 1,472 |
| Sullivan Street | 3-B | $799,900 | — | 44 | 1,190 |
| Barrington Street | 3-A | $810,000 | — | 122 | 1,863 |
The Barrington Street property at 122 DOM represents the oldest active listing in the district. With no price reduction to date, it faces the challenge of stale listing perception alongside upper-segment buyer hesitation.
Conditional Sales
Two properties are currently pending under conditional contracts:
| Street | Sub-Dist | List Price | Firm Date | DOM |
|---|---|---|---|---|
| Barrington Street | 3-A | $520,000 | January 9, 2026 | 53 |
| Memorial Drive | 3-A | $587,000 | January 25, 2026 | 229 |
The Memorial Drive property required 229 days and a $32,900 price reduction (from $619,900) to secure a conditional offer—illustrating the extended timeline upper-segment properties can face.
Strategic Takeaways
For Sellers
Halifax North rewards precise pricing with exceptional velocity—properties in the $600K–$700K sweet spot averaged just 10 days on market. Over a third of sellers achieved premiums averaging $30,696 above asking, but this success requires accurate initial pricing. Overpriced properties face a stark reality: average DOM for properties requiring reductions was 89 days versus 14 days for those priced correctly from the start.
Sub-district 3-B demonstrates notably stronger absorption (81.6% success rate), suggesting sellers in 3-A may need to price more aggressively to compete. Properties above $800,000 face heightened scrutiny—budget for potential 30+ day marketing periods and be prepared for price adjustments if initial market response is tepid.
For Buyers
Opportunities exist across the price spectrum. Entry-level buyers under $550,000 face limited but available inventory—be prepared to act quickly as these properties represent just 11% of sales. Mid-market buyers ($600K–$700K) will encounter the most competition in the district's most active segment.
Upper-segment buyers have negotiating leverage: expired and cancelled listings indicate sellers with reset expectations. The current active inventory above $750,000 includes several properties with extended DOM, suggesting room for negotiation. The cancelled-to-sold data reveals that 8–20% discounts from original pricing may be achievable for patient buyers.
Market Summary
Halifax North's single-family market operates efficiently for well-priced inventory while firmly penalizing aspirational pricing. The 10-day median DOM for successful sales contrasts with 100+ days for failed listings—a gap that underscores the binary nature of pricing decisions in this established North End district. Sub-district 3-B's superior absorption rate signals where buyer demand concentrates, while the district's overall 76% success rate confirms healthy market fundamentals for strategically positioned properties.
