Happy New Year! I hope everyone had a wonderful, relaxing holiday season and enjoyed some well-deserved time with loved ones. Now that we are all back to the daily grind, it is time to look back at how the Halifax-Dartmouth real estate market finished the year.

Here is a simple breakdown of how the market performed between October and December 2025.

More Choice for Buyers

If you have been searching for a home, there is good news: inventory is on the rise.

• Available Homes: At the end of December, 493 homes were still available, which is an increase compared to the 443 homes available at the same time last year.

• New Listings: Throughout the quarter, 979 new homes hit the market.

• Inventory Speed: If no new homes became available, it would take just 1.1 months to sell all currently available inventory.

• Price Adjustments: Of all the homes on the market this quarter, 20.5% adjusted their list price at some point.

Sales and Pricing Trends

While the number of sales decreased slightly, the value of homes in our area continues to grow steadily.

• Total Sales: There were 1,143 homes sold this quarter, compared to 1,162 in the fourth quarter of last year.

• Average Sale Price: The average sale price for homes this quarter was $588,870, up from the $570,331 average we saw in Q4 2024.

• Price Per Square Foot: On average, homes sold for $313 per square foot.

• Negotiation Room: Most homes sold for about 98% of the asking price, with buyers paying an average of $14,908 under the initial list price.

How Long Does it Take to Sell?

The market is moving a little more slowly than it was a year ago, giving buyers a bit more breathing room to make their decisions.

• Days on Market: Homes sold in an average of 44 days this quarter.

• Year-over-Year Change: This is a slight increase from the 37-day average we saw during the same period last year.

Popular Property Types

Single-family homes remain the most popular category for both buyers and sellers in the Halifax-Dartmouth area.

Community Highlights

Even with a steady market, we saw some incredible standout sales over the last three months:

• Highest Sale Price: The highest sale recorded was $3,600,000 for a single-family home. It was originally listed at $4,150,000 and spent 179 days on the market.

• Most Competitive Sale: Proving that the right home still moves fast, one single-family home originally listed for $399,900 sold for $550,000 in just 4 days.

Final Thoughts

The Q4 2025 data suggests a market that is finding a new balance. With more homes available and slightly longer selling times, buyers have more opportunities to browse, while sellers are seeing home values remain strong.

Whether you are curious about your home's current value or looking to make a move in 2026, I am here to help you navigate these numbers.