Stats from the Nova Scotia Association of REALTORS® (NSAR)
Nova Scotia New Construction Market Update
As of November 10, 2025
Executive Summary
The Nova Scotia new construction market presents 392 active opportunities from a total of 1,145 listings year-to-date. Market velocity indicates an average absorption period of 95 days, with properties averaging 2,051 square feet. Regional analysis reveals differentiated pricing dynamics across key communities, with Bedford commanding premium positioning at $906,780 average, while strategic opportunities exist in markets such as Lantz at $629,650 average. Builder concentration analysis identifies eight major developers actively shaping market supply, with Marchand Homes and Raymar Construction representing the most significant market presence.
1,145
Total Listed YTD
392
Active Inventory
95
Avg. Days on Market
2,051
Avg. Square Feet
Community Market Analysis
| Community | Active Homes | Average Price | Average Size | Days on Market |
|---|---|---|---|---|
| Beaver Bank | 95 | $728,850 | 2,222 sq. ft. | 118 |
| Bedford | 8 | $906,780 | 2,570 sq. ft. | 47 |
| Brookside | 9 | $743,410 | 2,424 sq. ft. | 31 |
| Montebello | 46 | $755,115 | 2,518 sq. ft. | 64 |
| Fall River | 20 | $936,080 | 2,451 sq. ft. | 155 |
| Lantz | 14 | $629,650 | 2,216 sq. ft. | 128 |
| Middle Sackville | 38 | $972,687 | 2,602 sq. ft. | 68 |
| Timberlea | 15 | $837,273 | 2,528 sq. ft. | 93 |
Builder Market Positioning
| Builder | Active Homes | Average Price | Average Size |
|---|---|---|---|
| Amara Developments | 11 | $782,627 | 2,278 sq. ft. |
| Cresco Homes | 26 | $781,246 | 2,456 sq. ft. |
| FH Development Group | 7 | $817,771 | 2,494 sq. ft. |
| Gerald Mitchell Contracting | 8 | $771,088 | 2,165 sq. ft. |
| Marchand Homes | 44 | $834,143 | 2,309 sq. ft. |
| New Valley Homes | 18 | $542,858 | 1,564 sq. ft. |
| Raymar Construction | 38 | $722,721 | 2,239 sq. ft. |
| Rooftight Developments | 24 | $765,504 | 2,349 sq. ft. |
