Nova Scotia New Construction Market Report
January 2025 Provincial Analysis
Stats from the Nova Scotia Association of REALTORS® (NSAR)
Total Listings
77
Sold Properties
67
Active Listings
10
Average Selling Price
$637K
Average Square Footage
2,005
Average Price Per SqFt
$325
Key Market Insights
- Strong sales conversion: 87% of listings resulted in sales during January
- Active builder market: 30+ builders actively contributing to new construction supply
- Price concentration: 45% of sales occurred in the $500K-$700K range
- Regional leaders: Brunello Estates and surrounding Halifax submarkets dominate activity
- Size diversity: Properties range from compact 568 sq ft to expansive 4,534 sq ft
Top 10 Districts by Activity
Price Distribution
Property Size Distribution
Top 10 Builders by Volume
Regional Market Performance - Top 10 Communities
Average Price by Region
Price Per SqFt by Region
