Stats from the Nova Scotia Association of REALTORS® (NSAR)
Executive Summary
The South Shore residential real estate market in November 2025 demonstrates measured stability with strategic opportunities for discerning investors and homebuyers. Sales activity reached 70 transactions with a total dollar volume of $34.0 million, reflecting a balanced market environment characterized by improved inventory levels and competitive pricing dynamics.
Year-to-date performance through November 2025 shows 1,022 transactions totaling $447.9 million, representing a 6.5% increase in sales activity compared to 2024. The market exhibits healthy fundamentals with 6.8 months of inventory, indicating balanced conditions that favor both buyers and sellers. Average prices have increased 12.1% year-over-year to $438,272, while median prices rose 5.1% to $367,750, demonstrating sustained value appreciation across the South Shore residential sector.
Market velocity indicators reveal efficient transaction processes, with homes selling at 95.4% of list price and spending an average of 46 days on market. The sales-to-new-listings ratio of 54.9 year-to-date reflects equilibrium conditions, providing opportunities for strategic acquisitions while maintaining property value stability.
November Sales
70
-13.6% vs Nov 2024
Dollar Volume
$34.0M
+15.0% vs Nov 2024
Median Price
$370,125
+12.8% vs Nov 2024
Months of Inventory
8.7
Balanced Market
Sales Activity Comparison
Market Intelligence
- Year-to-date sales activity of 1,022 transactions represents a 6.5% increase over 2024, demonstrating sustained market engagement
- November's 70 sales reflect typical seasonal deceleration while maintaining transaction quality and pricing integrity
- Multi-year comparison reveals strong recovery from 2022-2023 levels, indicating renewed buyer confidence in the South Shore market
New Listings & Inventory Dynamics
Supply Analysis
- 93 new listings in November provide adequate inventory flow, supporting balanced market conditions
- Year-to-date new listings of 1,861 represent a 10.7% increase over 2024, addressing previous supply constraints
- Active listings currently at 610 units, up 13.2% from November 2024, offering enhanced selection for buyers
Pricing Trends: Average & Median Values
Price Performance Insights
- Average price of $486,386 in November represents a 33.1% increase over November 2024, reflecting premium property transactions
- Median price stability at $370,125 demonstrates accessible pricing for the majority of South Shore transactions
- Year-to-date average price appreciation of 12.1% indicates strong fundamental value growth across the market
Market Velocity: Days on Market
Transaction Speed Analysis
- November's 49-day average demonstrates efficient market absorption, comparable to 2022 transaction speeds
- Year-to-date average of 46 days indicates responsive buyer activity and well-priced inventory
- Improved velocity from 2020 levels reflects normalized market conditions and competitive pricing strategies
Inventory Levels: Months of Supply
Supply-Demand Equilibrium
- Current 8.7 months of inventory in November indicates balanced market conditions, providing negotiation opportunities for both parties
- Year-to-date 6.8 months supply represents optimal market equilibrium, historically associated with stable price appreciation
- Substantial improvement from 2015-2018 oversupply conditions demonstrates market normalization and enhanced fundamentals
Sale-to-List Price Efficiency
Pricing Efficiency Metrics
- November's 94.3% sale-to-list ratio reflects realistic pricing expectations and efficient price discovery
- Year-to-date average of 95.4% demonstrates strong pricing discipline and market competitiveness
- Consistent ratios above 94% indicate a well-functioning market with minimal pricing friction
