Posted by Chris Perkins on Saturday, August 2nd, 2025 10:01am.
The Halifax real estate market is entering a phase we haven’t experienced in nearly six years. The chaos of COVID-19 brought an influx of buyers from across Canada and around the world, quickly absorbing housing supply and causing home prices to skyrocket—nearly doubling in record time.
Today, things are starting to normalize. We're returning to a healthier, more balanced housing environment in Halifax, Nova Scotia—one that benefits both buyers and sellers. But in a balanced real estate market, the strategy for selling your home needs to change.
As of now, inventory is at its highest level since 2019. This shift means buyers have more choice than they’ve had in recent memory. They can take their time, weigh their options, and negotiate terms that work in their favour.
With this in mind, correct pricing is more critical than ever. Overpricing your home in a balanced market will likely result in your property sitting unsold. And if home values in Halifax continue to decline into the fall and winter, you risk having to lower your price repeatedly—essentially chasing the market downward. Listing competitively from the start could ultimately save you thousands.
In today’s market, it’s not enough to simply put up a “For Sale” sign and hope for the best. To stand out in a sea of listings, your home needs to shine.
This means:
Staging to highlight the home’s best features
Landscaping for strong curb appeal
Decluttering and depersonalizing for a clean, spacious feel
Additionally, you’ll want a Realtor in Halifax who understands the local market, studies current trends and statistics, and actively collects feedback from every showing. A proactive agent can make all the difference in a balanced or shifting market.
Whether you're planning to sell your home this season or just exploring your options, having the right guidance is essential. The Halifax real estate landscape is changing, and working with someone who understands it can help you make confident, informed decisions.
Feel free to call, text, or email me anytime. I’d be happy to help you make the most of your next move in Halifax, Nova Scotia real estate.
Chris Perkins, Broker/Owner
Coldwell Banker Maritime Realty
902 210 1223
chrisperkins@cbmaritime.ca