June 2025
Nova Scotia Condominium Market Analysis
NSAR Data - June 2025
Executive Summary
Market Overview: This comprehensive analysis examines the Nova Scotia condominium market for June 2025, utilizing official data from the Nova Scotia Association of Realtors (NSAR). Our analysis covers both active listings and completed sales throughout Nova Scotia, providing insights into market dynamics, pricing trends, and geographic distribution of condominium activity.
Scope of Analysis: The report encompasses 55 completed condominium sales and 103 active listings that were listed in June 2025 across Nova Scotia. This includes properties in Halifax Regional Municipality, Kings County, Pictou County, Lunenburg County, and other regions throughout the province.
Key Market Indicators: Our analysis reveals important trends in buyer behavior, time-on-market metrics, pricing dynamics relative to asking prices, and geographic preferences. The data shows that 63.6% of sales occurred below asking price, indicating a shift towards a more balanced or buyer-friendly market compared to previous periods.
All statistics and analysis are derived from official NSAR June 2025 MLS® data and represent actual market transactions and active listings throughout Nova Scotia.
Pricing Analysis - Above vs Below Asking
Geographic Distribution Analysis
| District | Sales | Active Listings | Market Activity |
|---|---|---|---|
| 2-Halifax South | 14 | 18 | High Activity |
| 5-Fairmount, Clayton Park, Rockingham | 6 | 24 | High Inventory |
| 20-Bedford | 5 | 7 | Strong Sales |
| 3-Halifax North | 4 | 3 | Balanced |
| 1-Halifax Central | 4 | 7 | Active |
| 4-Halifax West | 4 | 2 | Strong Sales |
| 10-Dartmouth Downtown to Burnside | 4 | 3 | Active |
Halifax South (District 2) dominates with 14 sales (25.5% of total) and 18 active listings, representing the most active condominium market in Nova Scotia.
Fairmount/Clayton Park/Rockingham (District 5) shows the highest inventory with 24 active listings (23.3% of total), providing substantial choice for buyers.
63.6% of sales occurred below asking price, averaging $22,117 below list price, indicating a shift towards more balanced market conditions favoring buyers.
Average days on market for sold properties (47.8 days) significantly exceeds active listings (16.7 days), suggesting recent listings may be more competitively priced.
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