Average House Price in Halifax in 2019 was $338,507!

In 2019, in the Halifax/Dartmouth region, we saw 5408 sales of single family homes in the greater HRM. Average days on market was 61 days. The highest sale was $1,800,000 and the lowest was $25,000.

Halifax-Dartmouth

Single detached home sales in Halifax-Dartmouth numbered 1,280 units in the third quarter of 2019, an increase of 14.6% when compared to the same quarter in 2018. This was the highest level of sales for this quarter on record.

Months of inventory numbered 4.5 at the end of the third quarter of 2019, down from the 6.2 months recorded at the end of the third quarter of 2018.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

With a tighter market, homes in Halifax-Dartmouth spent less time on the market in the third quarter of 2019 than they had a year earlier.

The median number of days on market for homes in Halifax-Dartmouth was 39 in the third quarter of 2019, down from 50 days in the third quarter of 2018.

The median sale price for single detached homes in Halifax-Dartmouth was up 8.6% on a year-over-year basis to $312,750 in the third quarter of 2019.

Average House Price in Halifax
	2017	2018	2019
January	$267,312*	$292,485*	$309,597
February	$284,189*	$315,548*	$302,879
March	$297,473*	$298,599*	$339,397
April	$308,039*	$315,394*	$316,313
May	$319477*	$308,493*	$327,805
June	$297,063*	$309,186*	$322,955
July	$298,668*	$295,692*	$309,101
August	$286,012*	$294,261*	$315,423
September	$279,312*	$298,194*	$318,822
October	$286,634*	$287,248*	$322,141
November	$296,501*	$297,823*	$343,252
December	$302,677*	$297,599
Source: CREA 2019