71. Halifax Housing Explodes: 90% Annual Price Surge Explained
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Welcome to another episode of The Pink Door Podcast and our Real Estate insights! As we close out December 2025, the Halifax market has delivered one of the most remarkable year-end performances we've seen in recent memory. Today we're breaking down the explosive numbers that defined this final month of the year.
Let's start with the headline number that has everyone talking: the median sold price rocketed to $700,750 in December, representing a stunning 30.4% jump month-over-month. This isn't a typo – homes sold for significantly more in December than in November. When we zoom out to look at the full year, we're seeing a 90.68% increase compared to December 2024. These aren't just statistics; they represent real wealth creation for homeowners and a dramatically shifting landscape for buyers.
The market dynamics tell an interesting story. We had just four properties close in December, with the highest sale at an impressive $842,000 for 1 Lamppost Drive – a 4-bedroom, 3-bath Colonial that went under contract in just 10 days. On the other end, we saw a condo at 585 Twin Lakes Drive close at $160,000. The average days on market for sold properties was a mere 21 days, with homes going to offer in just 10 days on average. This is a seller's market firing on all cylinders.
Inventory remains historically tight with just 1.55 months of inventory – well below the 6 months typically considered balanced. We have only 5 active listings currently, with a median list price of $501,950. What's particularly noteworthy is that homes are selling at 97.8% of list price, and properties are moving at a median of just 8 days in the RPR system, which is 50% faster than last month.
The pending pipeline shows four properties under agreement with a median price point of $375,000, though these include some lower-priced options that skew the numbers. One property has been pending for 179 days, suggesting even in a hot market, some homes face unique challenges. However, three of the four went under contract in under a month, reinforcing the speed of this market.
Interestingly, the distressed property sector remains minimal, with just three properties showing signs of distress – two newly filed complaints and one foreclosure notice. This low distressed inventory suggests financial stability among homeowners and contributes to the supply constraints driving prices higher.
For buyers entering 2026, the message is clear: expect competition, move quickly when you find the right property, and be prepared to pay close to asking price. For sellers, the data suggests this remains an opportune time to list, with strong demand, limited inventory, and prices trending upward. As we head into the new year, all indicators point to Halifax continuing its trajectory as one of the South Shore's most dynamic markets. Whether you're looking to buy, sell, or simply stay informed about property values in your neighborhood, understanding these market fundamentals is essential for making sound real estate decisions in the year ahead. #SouthShoreMAHomes #BostonSouthShoreRealEstate #SouthShoreRealtor #jimaldred #kwsignaturepropertiesma #sellingsouthietosagamore #southshorerealestate #pinkdoorproperties #pinkdoorpodcast #halifax #02338 #halifaxRealEstate #decembermarketupdate
Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below.
https://linktr.ee/SellingSouthieToSagamore
www.KWMASS.com
Email me at JimAldredRealtor@yahoo.com
cell: 339-987-0382
PODCAST INTRO
"Werq" Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 4.0 License
http://creativecommons.org/licenses/by/4.0/
PODCAST OUTRO
LURKING SLOTH
By: Alexander Nakarada