Halifax Real Estate Market Report
Wednesday, Mar 25, 2026
Halifax Real Estate Market Report
Halifax's housing market showed strong activity in March 2026. With more listings coming onto the market and mortgage rates holding steady around 4.85%, both buyers and sellers found reason for optimism this spring.
Key Numbers at a Glance
| Metric | March 2026 | Change (YoY) |
|---|---|---|
| Average Sale Price | $578,000 | ▲ 6.2% |
| Average Days on Market | 18 days | ▼ 4 days |
| Active Listings | 1,240 | ▲ 9.1% |
| Sale-to-List Price Ratio | 98.4% | ▲ 0.8 pts |
| Months of Supply | 1.8 months | — |
Pricing by Property Type
Single-family detached homes averaged $578,000, up 6.2% from last year. Condos saw the biggest jump at 8.4%, reaching a benchmark of $389,000. Townhomes came in at $462,000, up 5.1%, making them a popular choice for buyers looking for value.
Supply and Demand
New listings rose 9.1% compared to March 2025, the highest March count in four years. Despite more homes coming to market, supply remains tight at just 1.8 months — well below the 4–6 months considered a balanced market. Competitive conditions continue, especially in the $450K–$600K price range.
"Buyers have more choice than they've had in two years, yet prices are still trending upward."
Neighbourhoods to Watch
Dartmouth continues to offer the best value in HRM, with detached homes averaging $498,000. Downtown Halifax remains in high demand for condos, while Bedford and Sackville saw the most new listings this month. Eastern Passage is attracting first-time buyers with prices still around $430,000.
Outlook
Spring 2026 looks busy. Population growth and strong employment are keeping demand high. Over 3,400 new units are currently under construction in HRM, but most completions are expected in late 2026 or into 2027. For now, the market continues to favour sellers, and buyers should be prepared with mortgage pre-approval in hand.
