Nova Scotia New Construction Market Report
February 2025 Provincial Analysis
Stats from the Nova Scotia Association of REALTORS® (NSAR)
Total Listings
54
Sold Properties
51
Active Listings
3
Average Selling Price
$664K
Average Square Footage
2,021
Average Price Per SqFt
$343
Month-Over-Month Performance: February vs. January
Listings
-30% ↓
77 → 54
Sales
-24% ↓
67 → 51
Avg Price
+4.1% ↑
$637K → $664K
Price/SqFt
+5.5% ↑
$325 → $343
Key Market Insights
- Exceptional conversion rate: 94% of listings resulted in sales during February
- Geographic concentration: Beechville dominated with 15 sales, representing 29% of total market activity
- Premium market shift: 42% of sales in the $500K-$700K range with strong activity in $700K-$900K segment (38%)
- Builder consolidation: ATN Group entities led market with 12 combined sales across their corporate structures
- Price appreciation: Both average price and price per square foot increased month-over-month despite reduced inventory
- Size concentration: 42% of properties fell in the 2,000-2,500 sq ft range, indicating builder focus on mid-size family homes
Top 10 Communities by Activity
Price Distribution
Property Size Distribution
Top 10 Builders by Volume
Regional Market Performance - Top 10 Communities
Average Selling Price by Community
Price Per SqFt by Community
