Downtown Halifax
Downtown Halifax

Downtown Halifax Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

1

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

75

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

4

New

1(-50.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 5, in 2023: 0, in 2022: 0

Total Sold Listings*

3

Median Sold Price

$820,000

Avg Days on Market

75 days

Median Bidding

-$4,900

Compared to number of sold, same period, in 2024: 3, in 2023: 0, in 2022: 3

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Downtown Halifax - All types

Sold vs Active vs New vs Relisted - Downtown Halifax - All types

Sold Price Distribution - Downtown Halifax - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Downtown Halifax - All types

Property type distribution based on data from the last 3 months.

Median Price - Downtown Halifax - All types

Population and Demographics

Overview

Total population 1591
Average household income $114,982

Age (%)

20 to 34
56%
35 to 49
16%
50 to 64
11%
65 and plus
10%
0 to 19
7%

Household composition (%)

Single person
51%
Single family
34%
Multi person
14%
Multi family
0%

Mother tongue (%)

English
78%
Mandarin
6%
Others
6%
Arabic
3%
French
3%
Hindi
1%

House tenancy (%)

Renters
86%
Owners
14%

Transportation

Car Friendly

3/5

Some arteries nearby, but traffic congestion and parking problems are likely

Pedestrian Friendly

5/5

All day-to-day needs are within a few minutes' walk

Transit Friendly

4/5

Within walking distance of a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

3/5

Variety of cafés within walking distance

Groceries

4/5

At least one grocery store within a few minutes' walk

Nightlife

4/5

Variety of bars within a few minutes' walk

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

4/5

Variety of restaurants within a few minutes' walk