The Halifax Real Estate Marketplace

The Halifax real estate market includes all of Halifax Regional Municipality. The city is broken down into MLS area codes that are listed below where you'll find local area statistics to that part of the city.

As of the first quarter of 2020, The HRM real estate market is balanced in some areas and a seller's market in many areas. This is for the first time in years; moving away from a lengthy buyer’s market.

Live HRM Real Estate Market Statistics
The market is all positive with value increases, much less days on market and with less months of inventory; a healthy seller's market. If you're thinking of selling, there's no better time than now! Especially investment properties with vacancy rates at an all-time low between .5% - 1.%.

     

Click on the MLS Area for LIVE a localized market reports.

AREA 1 - Halifax CentralAREA 2 - Halifax South (Peninsula)AREA 3 – Halifax North
AREA 4 - Halifax WestAREA 5 - Fairmount, Rockingham, Clayton ParkAREA  6 - Fairview
AREA 7 - SpryfieldAREA 8 - Armdale, Purcell's Cove, Herring Cove
AREA 9 - Harrietsfield, Sambro & Halibut Bay
AREA 10 - Dartmouth Downtown - BurnsideAREA 12 - Southdale, Manor ParkAREA 13 - Creighton Park, Albro Lake
AREA 11 - Dartmouth Woodside, Eastern Passage Cowbay
Dartmouth's Surrounding Neighbourhoods: AREA 14 - Montebellow, Port Wallis, Keystone, AREA 17 - Woodlawn, Portland Estates, Nantucket
AREA 15 - Forrest HillsAREA 16 - Colby Area
AREA 20 - Bedford 
AREA 21 - Kingswood, Haliburton Hills & Hammonds Plains
AREA 25 - SackvilleAREA 26 - Beaverbank, Upper Sackville

Outlying areas of HRM
AREA 30 - Waverley, Fall River, Oakfield  
AREA 31 - Lawrencetown, Lake Echo, Porter's Lake
AREA 35 – Halifax County EastAREA 40 - Timberlea, Prospect, St. Margaret's BayAREA 105 – East Hants, Colchester West


Halifax is seeing a healthy economy due to the following primary reasons:

  Property values tend to rise moderately in Halifax, and at a steady pace. An average year would see prices rise between 2% and 5%. However, values were flat as compared to last year, unlike other markets in Canada that saw declines.

So what can you expect if you purchase a home in Halifax? You can expect a steady marketplace with modest price increases and not the huge fluctuations that are seen in some of the larger cities in Canada. A solid, safe investment.
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