What’s Happening with Price Per Square Foot in Halifax

  Saturday, Apr 12, 2025

If you’ve been wondering what homes are going for these days in Halifax, here’s the straight goods.

As of March 2025, the average price per square foot for a single-family home in Halifax landed at $320.21. That’s a slight bump — about 2% higher than what we’ve seen year-to-date ($313.70). Nothing earth-shattering, but enough to raise an eyebrow.

 

Where Are the Priciest Places to Buy?

No big shock here — if you’re looking in Hammonds Plains or right in Halifax proper, expect to pay top dollar. We’re talking $380.93 and $378.91 per square foot. That’s about 18-19% higher than the city-wide average. Location, location, location — it’s still a thing.

 

Small Homes = Big Price Tags (Per Foot)

Smaller homes — especially anything under 1,000 square feet — are punching well above their weight. Buyers are forking out $532.65 per square foot on average. That’s a whopping 66% over the market average. Why? Because smart, well-designed little spaces in hot neighbourhoods are in demand — and buyers are paying for the convenience.

 

Luxury Homes... No Surprise Here

If your budget starts with a "1" and ends with "million," you’re probably seeing price-per-square-foot numbers around $552.70. That’s almost 73% higher than the Halifax average. But let’s be honest — you’re not just buying square footage at that price point. You’re buying custom finishes, killer views, and a little bragging rights too.

 

The Market Sweet Spot

Here’s where things get interesting. The best bang for your buck (in terms of price per square foot) is in the 2,000-3,000 sq ft range. Prices here are hovering between $272 and $280 per square foot. Translation: You’re getting lots of space without paying the small-home premium or luxury markup.

 

Investors — Heads Up

If you’re hunting for a deal or an investment property, the entry-level market (under $300,000) has the lowest price per square foot at $225.67. That means you’re maximizing the amount of space you’re getting for every dollar spent. Might not be glam, but it’s smart money.

 

Final Thoughts

At the end of the day, price per square foot is just one piece of the puzzle. But it’s a good snapshot of where the market’s heating up — and where you might still find a little wiggle room.

Need help figuring out where your home fits into this? You know where to find me. And yes — I do answer my phone.

 

 

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