Stats from the Nova Scotia Association of REALTORS® (NSAR)
Halifax Regional Municipality
Single-Family Market Report
Single-Family Market Report
February 2026 — Full District Analysis
Executive Summary
February 2026 produced 208 closed single-family transactions across the Halifax Regional Municipality, with an average sold price of $631,583 and a median of $582,500. The market continues to operate in a balanced-to-seller-leaning environment, with 30.3% of homes selling over asking price and a respectable average list-to-sold ratio of 98.9%.
New listing activity in February generated 281 single-family listings across HRM. Of these, 42.3% were already sold or under conditional contract by month-end — a strong absorption signal, especially given the short window. The overall failure rate for new listings remained contained at 2.5% (expired, cancelled, and withdrawn combined), suggesting sellers are pricing with more discipline than in prior cycles. A $14.9 million listing in Halifax Central (noted as a data entry anomaly) has been excluded from price averages.
The highest-volume district was Timberlea/Prospect/St. Margaret's Bay with 28 closed sales, while Bedford and Beaverbank/Upper Sackville ranked second and third. At the price ceiling, Kingswood/Haliburton Hills/Hammonds Plains led the municipality with an average sold price of $894,652 — though with 14 active listings and only 10 closed sales, inventory is building in this segment.
Closed Sales
208
HRM single-family, February 2026
Average Sold Price
$631,583
median: $582,500
Median DOM
14
avg: 44 days (incl. long-tenured)
New Listings
281
42.3% sold or conditional at month-end
February New Listings: Status at Month-End
Of the 281 single-family homes newly listed in February, the majority remained active at month-end — as expected given the short listing window. Notably, 54 homes (19.2%) sold within the same month they were listed, and a further 65 (23.1%) were under conditional offer, signalling strong immediate buyer engagement for well-priced properties.
54
Sold
65
Conditional
155
Active
3
Expired
1
Cancelled
3
Withdrawn
New Listing Conversion Rate
42.3% of February's new listings were sold or under conditional contract within the same month — a meaningful signal of buyer readiness in the $400K–$700K range where the bulk of activity concentrated. Conditionals (65 homes) represent a strong pipeline heading into March closings.
Pricing Performance — Closed Sales
The 208 closed sales recorded in February tell a nuanced story. While the majority of properties (56.7%) sold below asking price with an average discount of $22,762, a significant minority achieved premiums — 30.3% sold above asking at an average premium of $16,340. The overall list-to-sold ratio of 98.9% reflects a market where buyers hold modest negotiating power, but well-priced listings continue to attract competition.
Sold Over Asking
30.3%
63 sales | Avg premium: +$16,340
Sold At Asking
13.0%
27 sales | Exact list price
Sold Under Asking
56.7%
118 sales | Avg discount: −$22,762
| Pricing Metric | Value |
|---|---|
| Average List-to-Sold Ratio (SP/LP) | 98.9% |
| Median List-to-Sold Ratio | 99.0% |
| Average Original-to-Sold Ratio (SP/OP) | 97.3% |
| Average Sold Price | $631,583 |
| Median Sold Price | $582,500 |
| Average Days on Market (all closed) | 44 days |
| Median Days on Market | 14 days |
| Average Price per Square Foot | $323/sqft |
SP/OP vs SP/LP Gap
The gap between the original-to-sold ratio (97.3%) and the list-to-sold ratio (98.9%) indicates that a meaningful number of properties required price reductions before finding a buyer. The 1.6-point spread represents an average dollar correction of approximately $10,000 above what the final list price implied — revealing the true cost of overpricing at launch.
Price Segment Analysis
The $400K–$600K corridor dominated February activity, capturing nearly half of all closed sales. This is the primary move-up and first-time buyer segment in HRM. Luxury properties ($1M+) accounted for 13 sales — a healthy showing that confirms continued depth in the upper market, though with longer average market times.
| Price Segment | Sales | % of Market | Avg Sold Price | Avg DOM |
|---|---|---|---|---|
| Under $400,000 | 19 | 9.1% | $329,158 | 63 days |
| $400,000 – $600,000 | 94 | 45.2% | $503,285 | 31 days |
| $600,000 – $800,000 | 57 | 27.4% | $689,211 | 58 days |
| $800,000 – $1,000,000 | 25 | 12.0% | $867,649 | 50 days |
| $1,000,000+ | 13 | 6.3% | $1,294,634 | 42 days |
District Rankings — Sales Volume
February's top five districts by closed sales volume collectively account for more than half of all HRM activity. Timberlea/Prospect/St. Margaret's Bay retained its position as the municipality's highest-volume district — a reflection of ongoing suburban demand and strong build-out of new communities in that corridor.
1
Timberlea / Prospect / St. Margaret's Bay
36% sold over asking | Avg DOM: 27 days
28 sales | $617,715 avg
2
Bedford
41% sold over asking | Avg DOM: 20 days
17 sales | $775,844 avg
3
Beaverbank / Upper Sackville
20% sold over asking | Avg DOM: 30 days
15 sales | $653,156 avg
4
Woodlawn / Portland Estates / Nantucket
29% sold over asking | Avg DOM: 37 days
14 sales | $569,607 avg
5
Forest Hills
46% sold over asking | Avg DOM: 35 days
13 sales | $505,231 avg
6
Fairmount / Clayton Park / Rockingham
15% sold over asking | Avg DOM: 39 days
13 sales | $757,039 avg
7
Sackville
31% sold over asking | 10 conditionals pending
13 sales | $499,569 avg
Full District-by-District Breakdown
The following profiles cover all HRM districts with recorded sales activity in February 2026. Each entry includes closed sales metrics from the sold file alongside new listing and pipeline data from the February listings file. Top sale street names are provided; house numbers are omitted for privacy.
Halifax Peninsula
District 2 — Halifax South
Closed Sales
2
Avg Sold Price
$1,437,500
SP/LP Ratio
98.6%
Avg DOM
7
Active
5
Conditional
2
Top Sale: Greenwood Avenue — $1,700,000 | 3,294 sqft | 10 DOM
Halifax South produced only 2 closings but at elite price points averaging $1.44M. With 5 active listings and 2 conditionals in the pipeline, this premium segment shows limited but consistent demand.
District 3 — Halifax North
Closed Sales
7
Avg Sold Price
$673,929
SP/LP Ratio
100.1%
Avg DOM
34
Active
1
Conditional
0
Top Sale: Russell Street — $755,000 | 59 DOM
Halifax North posted a 100.1% SP/LP ratio — sellers here are pricing accurately and buyers are meeting the market. 29% of sales exceeded asking price. Extremely thin active inventory (1 listing) heading into March.
District 4 — Halifax West
Closed Sales
4
Avg Sold Price
$642,500
SP/LP Ratio
98.2%
Avg DOM
59
Active
4
Conditional
1
Top Sale: Connaught Avenue — $825,000 | 132 DOM
Average DOM of 59 days indicates some pricing friction in this market. The Connaught Avenue home required 132 days to close — a reminder that upper-bracket West End properties face greater scrutiny.
District 5 — Fairmount / Clayton Park / Rockingham
Closed Sales
13
Avg Sold Price
$757,039
SP/LP Ratio
96.4%
Avg DOM
39
Active
12
Conditional
3
Top Sale: Milsom Street — $1,300,000 | 4,176 sqft | 7 DOM
A 96.4% SP/LP ratio — the lowest among Halifax Peninsula districts — signals buyers negotiating meaningful reductions. With 12 active listings and a high average price ($757K), this district has the most supply pressure on the Peninsula. Only 15% of sales exceeded asking.
District 6 — Fairview
Closed Sales
1
Avg Sold Price
$370,000
SP/LP Ratio
97.4%
Avg DOM
54
Active
1
Conditional
0
Top Sale: Adelaide Avenue — $370,000 | 54 DOM
Very limited activity with only 1 sale and 1 active listing. Fairview remains an entry-level pocket with sub-$400K pricing. Limited data makes trend analysis difficult for this sub-market.
District 7 — Spryfield
Closed Sales
8
Avg Sold Price
$466,112
SP/LP Ratio
98.0%
Avg DOM
22
Active
11
Conditional
1
Top Sale: Alabaster Way — $687,900 | 5 DOM
Spryfield offers accessible entry points in the sub-$500K range and moved 8 homes with a relatively brisk 22-day average DOM. With 11 active listings, buyers have reasonable choice here heading into spring.
District 8 — Armdale / Purcell's Cove / Herring Cove
Closed Sales
8
Avg Sold Price
$690,375
SP/LP Ratio
96.5%
Avg DOM
68
Active
5
Conditional
4
Top Sale: Fergusons Cove Road — $1,750,000 | 5,787 sqft | 253 DOM — HRM's highest closing price in February.
The district's 96.5% SP/LP and 68-day average DOM are heavily influenced by the Fergusons Cove Road property (253 days, 8% below list). Excluding that outlier, the remaining 7 sales averaged 36 DOM and 97.8% SP/LP — a more representative picture of typical activity in this coastal corridor.
District 9 — Harrietsfield / Sambro / Halibut Bay
Closed Sales
3
Avg Sold Price
$385,500
SP/LP Ratio
100.0%
Avg DOM
45
Active
4
Conditional
1
Top Sale: Wilderness Drive — $507,000 | 13 DOM
A 100% SP/LP ratio across 3 sales signals accurate pricing in this rural-coastal submarket. The average is pulled lower by a sub-$200K entry but the top sale at $507K confirms that well-positioned properties here find buyers.
Dartmouth
District 10 — Dartmouth Downtown to Burnside
Closed Sales
2
Avg Sold Price
$552,500
SP/LP Ratio
100.5%
Avg DOM
8
Active
1
Conditional
1
Top Sale: Symonds Street — $576,000 | 4 DOM
Small sample but the 100.5% SP/LP ratio and 8-day average DOM indicate tight, competitive conditions in downtown Dartmouth. Very limited active supply maintains seller leverage.
District 11 — Dartmouth Woodside / Eastern Passage / Cow Bay
Closed Sales
8
Avg Sold Price
$481,138
SP/LP Ratio
99.0%
Avg DOM
26
Active
3
Conditional
3
Top Sale: Astour Drive — $745,000 | 11 DOM
1 cancelled listing (Rosewood Lane, $434,900, 16 DOM) noted in February new listings. This was a quick withdrawal — likely a seller circumstances change rather than a pricing issue. 25% over-asking rate is below the HRM average, reflecting a more buyer-balanced market here.
District 12 — Southdale / Manor Park
Closed Sales
7
Avg Sold Price
$539,714
SP/LP Ratio
101.6%
Avg DOM
12
Active
0
Conditional
1
Top Sale: Benview Drive — $790,000 | 62 DOM
One of February's standout districts: 101.6% SP/LP and zero active inventory heading into March. 57% of sales closed above asking. This is a seller's market — any new listing here should generate strong buyer interest immediately.
District 13 — Crichton Park / Albro Lake
Closed Sales
2
Avg Sold Price
$442,000
SP/LP Ratio
102.2%
Avg DOM
4
Active
0
Conditional
2
Top Sale: Pinehill Road — $517,000 | 3 DOM
Crichton Park/Albro Lake recorded the highest SP/LP ratio (102.2%) among Dartmouth districts and a blazing 4-day average DOM. Zero active supply with 2 conditionals pending — this pocket is absorbed instantly.
District 14 — Dartmouth Montebello / Port Wallace / Keystone
Closed Sales
11
Avg Sold Price
$747,291
SP/LP Ratio
101.1%
Avg DOM
96
Active
7
Conditional
5
Top Sale: Gardenia Way — $999,900 | 143 DOM
District 14 is largely new construction (Pearlgarden Close, Gardenia Way, Simona Drive), which explains the 96-day average DOM — these homes were built-to-contract and carried extended pre-completion timelines. The 101.1% SP/LP and 36% over-asking rate confirm that when buyers commit to these builds, they do so at or above list. 5 conditionals represent a healthy near-term pipeline.
District 15 — Forest Hills
Closed Sales
13
Avg Sold Price
$505,231
SP/LP Ratio
99.6%
Avg DOM
35
Active
4
Conditional
2
Top Sale: Montague Road — $900,000 | 9 DOM
Forest Hills is a high-volume district showing near-par pricing and 46% over-asking — the highest rate among Dartmouth suburban districts. The $900K Montague Road sale (9 days to sell) demonstrates the premium ceiling that properties in this community can achieve when priced strategically.
District 16 — Colby Area
Closed Sales
1
Avg Sold Price
$597,500
SP/LP Ratio
99.6%
Avg DOM
6
Active
2
Conditional
4
Top Sale: Boling Green Crescent — $597,500 | 6 DOM
Very limited closed sales data (1 sale) but the Colby Area's 4 conditional sales from new February listings is a strong signal. This is a desirable Dartmouth suburban pocket where well-priced listings move quickly.
District 17 — Woodlawn / Portland Estates / Nantucket
Closed Sales
14
Avg Sold Price
$569,607
SP/LP Ratio
99.0%
Avg DOM
37
Active
3
Conditional
2
Top Sale: Freshwater Trail — $1,095,000 | 55 DOM
District 17 posted 14 sales — the highest Dartmouth volume — with a median sold price of $496,250. The top sale at $1,095,000 demonstrates the upper ceiling in Portland Estates/Nantucket. 1 withdrawn listing (Collingwood Court, $525,000, 5 DOM) suggests a seller changed plans early in the process.
Bedford & Northwest HRM
District 20 — Bedford
Closed Sales
17
Avg Sold Price
$775,844
SP/LP Ratio
99.1%
Avg DOM
20
Active
8
Conditional
4
Top Sale: Crownridge Drive — $1,430,000 | 4,192 sqft | 67 DOM
Bedford produced the second-highest sales volume at 17 closings with a strong average of $775,844. 41% of sales exceeded asking price. 1 withdrawn listing (Forest Lane, $1,175,000, 25 DOM) — likely a strategic withdrawal in the upper segment. The median DOM of 10 days confirms swift absorption for properly priced Bedford homes.
District 21 — Kingswood / Haliburton Hills / Hammonds Plains
Closed Sales
10
Avg Sold Price
$894,652
SP/LP Ratio
98.0%
Avg DOM
52
Active
14
Conditional
0
Top Sale: Canoe Crescent — $1,630,000 | 4,766 sqft | 17 DOM
Notable: 3 expired listings in February — all on Everwood Avenue at prices between $789,900 and $849,900, each expiring after just 15 days. This appears to be a new development pricing test that the market rejected quickly. With 14 active listings and zero conditional sales from February's new listings, District 21 has the highest inventory-to-sales ratio in HRM. Buyers here have leverage.
Sackville
District 25 — Sackville
Closed Sales
13
Avg Sold Price
$499,569
SP/LP Ratio
98.6%
Avg DOM
34
Active
5
Conditional
10
Top Sale: Tenon Drive — $687,000 | 130 DOM
Sackville posted the most conditional sales (10) of any district from February's new listings — a clear indicator of very strong near-term demand. The 10 pending offers represent a significant March/April closing pipeline. Median DOM of 11 days underscores the speed with which well-priced Sackville homes transact.
District 26 — Beaverbank / Upper Sackville
Closed Sales
15
Avg Sold Price
$653,156
SP/LP Ratio
98.6%
Avg DOM
30
Active
14
Conditional
5
Top Sale: Zaffre Drive — $1,079,000 | 1 DOM
Beaverbank/Upper Sackville recorded 15 sales — third highest in HRM — with a median sold price of $659,900. The Zaffre Drive property sold in 1 day at $1,079,000, illustrating demand at the upper end of this corridor. 14 active listings is a higher inventory level; sellers here should price competitively relative to recently closed comparables.
Suburban East & Northeast
District 30 — Waverley / Fall River / Oakfield
Closed Sales
4
Avg Sold Price
$882,456
SP/LP Ratio
100.1%
Avg DOM
214
Active
16
Conditional
4
Top Sale: Parish Street — $1,104,925 | 0 DOM (new construction pre-sale)
Important context: The 214-day average DOM is driven by one outlier — a lot/new build on Holland Road that carried 835 days of DOM before closing. Excluding that outlier, the remaining 3 sales averaged just 10 days. 1 withdrawn listing (Highway 2, $629,000, 18 DOM). With 16 active listings — the highest count among northeast districts — and 4 conditionals, this market is actively building. Buyers have options; well-priced listings are still moving.
District 31 — Lawrencetown / Lake Echo / Porters Lake
Closed Sales
9
Avg Sold Price
$545,133
SP/LP Ratio
99.3%
Avg DOM
57
Active
6
Conditional
1
Top Sale: Echo Forest Drive — $707,000 | 6 DOM
The 57-day average DOM is elevated by several longer-tenured properties, but the median of 19 days is more instructive for pricing strategy. 33% over-asking rate and the Echo Forest Drive quick sale ($707K in 6 days) show that appropriately priced lakeside properties generate strong competition.
District 35 — Halifax County East
Closed Sales
8
Avg Sold Price
$431,366
SP/LP Ratio
97.1%
Avg DOM
131
Active
11
Conditional
3
Top Sale: West Jeddore Road — $746,026 | 84 DOM
Halifax County East recorded the lowest SP/LP ratio (97.1%) and the highest average DOM (131 days) in HRM — a combination indicating real pricing friction in this rural eastern corridor. With 11 active listings and only 8 closings, supply is building. Two properties required major corrections to close: Williams Road sold $138,500 below original asking (468 DOM), and Highway 7 closed $89,000 below original asking (261 DOM).
Southwest HRM
District 40 — Timberlea / Prospect / St. Margaret's Bay
Closed Sales
28
Avg Sold Price
$617,715
SP/LP Ratio
99.2%
Avg DOM
27
Active
17
Conditional
6
Top Sale: Merlot Court — $940,000 | 73 DOM
HRM's busiest district with 28 sales and a median DOM of just 4 days — the fastest in the municipality. 36% of properties sold over asking. With 17 active listings and 6 conditionals, District 40 is the most liquid market in HRM and shows no signs of slowing heading into spring. The Merlot Court sale at $940K demonstrates the upper ceiling buyers are willing to reach in this community.
Failed & Withdrawn Listings Analysis
February 2026 recorded 7 failed or withdrawn listings across HRM from the new listings cohort — a 2.5% failure rate that reflects improving seller discipline relative to peak-correction periods. However, the patterns within these failures are instructive.
Expired Listings
All three expired listings in February were concentrated in District 21 (Kingswood/Haliburton Hills/Hammonds Plains) — specifically three addresses on Everwood Avenue, all priced in the $789,900–$849,900 range and all expiring after just 15 days. This clustering strongly suggests a new development pricing test that failed to attract buyers at those price points.
Everwood Avenue — District 21 (Kingswood/Haliburton Hills)
Three adjacent properties listed between $789,900 and $849,900 | All expired after 15 days | No price reductions attempted | Cluster pattern suggests developer/builder pricing that missed market tolerance
What the Everwood Avenue Cluster Reveals
When three properties at the same address expire within the same 15-day window, it signals a specific pricing ceiling — not market-wide weakness. Buyers in District 21 are actively purchasing (10 closed sales in February, avg $894K) but the $789K–$849K entry points on Everwood Avenue did not align with buyer value perception. Adjusting to the $700K–$750K range may be required to generate offers.
Cancelled & Withdrawn Listings
Rosewood Lane — District 11 (Dartmouth Woodside) | CANCELLED
List: $434,900 | Original: $434,900 | 16 DOM | No reduction. Early-stage cancellation — likely seller circumstances rather than pricing failure. District 11 remains healthy with 8 closings and 3 pending conditionals.
Forest Lane — District 20 (Bedford) | WITHDRAWN
List: $1,175,000 | 25 DOM | No reduction. Upper-market withdrawal in Bedford's luxury segment. With Bedford posting a strong 41% over-asking rate and 20-day average DOM, this property may return to market — likely with adjusted expectations given extended comparable data.
Highway 2 — District 30 (Waverley/Fall River) | WITHDRAWN
List: $629,000 | 18 DOM | No reduction. Withdrawn quickly — may reflect infrastructure or title complications rather than pricing. District 30 has 4 conditional sales from February listings, indicating strong buyer activity continues.
Collingwood Court — District 17 (Woodlawn/Portland Estates) | WITHDRAWN
List: $525,000 | 5 DOM | No reduction. Very early withdrawal — most consistent with a change in seller plans rather than a pricing or demand issue.
Notable Sales — February 2026
February's highest-value transactions span multiple districts and price tiers, providing useful benchmarks for both luxury and mid-market segments.
1
Fergusons Cove Road — District 8 (Armdale/Purcell's Cove/Herring Cove)
5,787 sqft | 253 DOM | Originally listed at $2,199,999 | SP/OP: 79.5%
$1,750,000
2
Greenwood Avenue — District 2 (Halifax South)
3,294 sqft | 10 DOM | $516/sqft
$1,700,000
3
Canoe Crescent — District 21 (Kingswood/Haliburton Hills)
4,766 sqft | 17 DOM | $342/sqft
$1,630,000
4
Crownridge Drive — District 20 (Bedford)
4,192 sqft | 67 DOM | $341/sqft
$1,430,000
5
Milsom Street — District 5 (Fairmount/Clayton Park/Rockingham)
4,176 sqft | 7 DOM | $311/sqft
$1,300,000
Active Inventory Overview
HRM carried 155 active single-family listings at the end of February (excluding the $14.9M data outlier), with an average list price of $760,794 and a median of $694,900. The highest active inventory concentrations are in Waverley/Fall River/Oakfield (16 listings), Timberlea/Prospect/St. Margaret's Bay (17 listings), and Kingswood/Haliburton Hills/Hammonds Plains (14 listings).
| District | Active Listings | Conditionals | Feb Closed Sales |
|---|---|---|---|
| Timberlea / Prospect / St. Margaret's Bay | 17 | 6 | 28 |
| Waverley / Fall River / Oakfield | 16 | 4 | 4 |
| Kingswood / Haliburton Hills / Hammonds Plains | 14 | 0 | 10 |
| Beaverbank / Upper Sackville | 14 | 5 | 15 |
| Fairmount / Clayton Park / Rockingham | 12 | 3 | 13 |
| Halifax County East | 11 | 3 | 8 |
| Spryfield | 11 | 1 | 8 |
| Bedford | 8 | 4 | 17 |
| Dartmouth Montebello / Port Wallace / Keystone | 7 | 5 | 11 |
| Lawrencetown / Lake Echo / Porters Lake | 6 | 1 | 9 |
| Forest Hills | 4 | 2 | 13 |
| Halifax West | 4 | 1 | 4 |
| Halifax South | 5 | 2 | 2 |
| Armdale / Purcell's Cove / Herring Cove | 5 | 4 | 8 |
| Harrietsfield / Sambro / Halibut Bay | 4 | 1 | 3 |
| Sackville | 5 | 10 | 13 |
| Colby Area | 2 | 4 | 1 |
| Woodlawn / Portland Estates / Nantucket | 3 | 2 | 14 |
Strategic Takeaways
For Sellers
The February data rewards accurate pricing and penalizes aspirational positioning. The median DOM of 14 days across HRM masks a significant bifurcation: properties priced to the current market sold in days (Timberlea median: 4 days, Crichton Park: 4 days, Sackville median: 11 days), while overpriced listings averaged 60–130+ days before either closing or failing entirely. The 1.6-point gap between SP/LP and SP/OP ratios is your pricing correction cost measured in dollars.
Sellers in Districts 12, 13, and 25 (Southdale/Manor Park, Crichton Park, and Sackville) are seeing the strongest absorption. Sellers in District 5 (Clayton Park/Rockingham), District 8, and District 35 face a more competitive environment and should position pricing at or below recent comparable sales to avoid extended exposure.
For Buyers
The $400K–$600K segment remains highly competitive — 45% of February's volume with some districts averaging only days on market. Buyers in this range should be pre-approved, decisive, and prepared to move without conditions in competitive sub-markets.
Buyers with $800K+ budgets have increased leverage in February's data. District 21 (Kingswood/Hammonds Plains) carries 14 active listings with zero conditional sales from February listings — this is a buyer's market at that price point. Similarly, Halifax County East (District 35) shows a 97.1% SP/LP with a 131-day average DOM, indicating room for negotiation.
Market Summary — February 2026
HRM's single-family market enters spring 2026 with 208 closed sales, 65 conditional offers in progress, and 155 active listings. The market is neither uniformly hot nor uniformly balanced — it is highly district-dependent. Entry and mid-range buyers face competition; upper-bracket buyers have room to negotiate. The 2.5% failure rate on new listings is encouraging, but concentrated failures in District 21 and persistent high DOM in Halifax County East signal that price discovery remains incomplete in select corridors. Sellers who lead with market-aligned pricing will continue to transact efficiently.
