If you’ve been listening to the real estate chatter lately, you’ve probably heard the same familiar line: “The market’s bad. It’s slowing down. It’s crashing!”
Not so fast, Halifax!
The truth tells a very different story — and the numbers back it up. While headlines may focus on fear, the reality is that our market is showing healthy balance, steady activity, and sustainable growth across Halifax and surrounding communities.
Let’s dig into what really happened in September and what it means for buyers, sellers, and anyone keeping an eye on Halifax real estate.
Inventory Is Growing — and That’s Healthy
Active listings climbed to 1,410, nearly 50% higher than in 2023 and a huge jump from the limited inventory of the previous few years.
This increase means something important for the market: choice is back.
Buyers now have more selection, from downtown condos to family homes in the suburbs, and that extra breathing room allows for better decision-making. For sellers, it signals the end of the pandemic-era “gold rush” — but that’s not bad news. It simply means pricing and presentation matter more than ever.
Sales Are Steady — Not Sliding
Despite the rumors, sales activity remains consistent. September saw 459 homes sold compared to 449 last year — nearly identical volume. Year-to-date, Halifax recorded 3,894 sales, up only 46 from last year’s 3,848.
That’s fewer than six more homes sold per month across all of 2025 — proof that the market isn’t collapsing, it’s leveling out. This stability gives both buyers and sellers a more predictable playing field.
Days on Market Continue to Rise
One of the clearest trends is time on market. In 2022, the average home sold in just 25 days. By 2023, it stretched to 30, then 28 in 2024 — and now we’re sitting at 41 days in 2025.
That gradual increase might look like a slowdown, but it’s actually a return to balance. Buyers have time to shop and compare, while sellers can focus on showcasing their home’s best features instead of racing the clock.
As Brenda put it: “It’s not a slowdown — it’s a sign of a market returning to a healthy, sustainable condition.”
Prices Are Steady, Not Surging
The average home price in Halifax reached $666,516, up from $581,796 last year — a 4.2% appreciation.
That’s a smaller jump than 2024’s 8.1%, but steady growth is exactly what the market needs to stay attainable for buyers. Homes sold for 98.3% of list price, down slightly from 100.1% in 2024, but with more than 300 price adjustments happening this fall, that’s another signal of a market finding its true balance.
In other words: the frenzy is over, but opportunity remains strong.
The Takeaway: It’s a Correction, Not a Crash
The Halifax market isn’t falling — it’s finding its footing. We’ve moved beyond the COVID-era boom and into a healthier, more predictable phase. Buyers can breathe. Sellers can strategize. And both can make decisions with confidence.
If you’re thinking about making a move, don’t wait for headlines to tell you what’s happening — the numbers already do.
The opportunity is still there now.
What It Means for You
Whether you’re planning to buy, sell, or invest, understanding what the numbers really mean can help you make smarter choices in this evolving market. The Halifax real estate landscape is balancing out — and that’s a good thing for everyone.
📱 Ready to talk about your next move? Reach out to our team today — we’d love to chat about your goals and help you make the most of today’s market.
🔎 Thinking of selling? Request a free home evaluation at BrendaK.ca
🏡 Still browsing? You can search MLS listings directly on BrendaK.ca anytime.
🎥 Prefer to watch the update? Check out the full video on our YouTube channel: Halifax Real Estate with Brenda K