New construction - April 2025
Nova Scotia New Construction Market Report
Q1 Closing Performance: April vs. March
Executive Market Intelligence
- Inventory expansion continues: Active listings increased 71% month-over-month, signaling improved supply conditions and enhanced buyer selection
- Sales normalization: 28% decline in transactions reflects typical spring market adjustment following Q1 surge, with 61% sell-through rate remaining healthy
- Price resilience: Average selling price increased 3.5% despite sales softening, demonstrating sustained value appreciation and premium segment strength
- Metropolitan concentration: Dartmouth led provincial activity with 7 sales, followed by Eastern Passage and Spryfield with 3 each, indicating Halifax Regional Municipality dominance
- Premium positioning: Brunello Estates commanded highest average price at $806K, while 54% of all sales transacted between $500K-$700K
- Builder diversity: No single builder captured more than 20% market share, demonstrating competitive landscape and buyer choice
- Size preference stability: 35% of properties fell in 2,000-2,500 sq ft range, consistent with established family home preferences
Top 10 Communities by Activity
| Rank | Community | Number of Listings |
|---|---|---|
| 1 | Dartmouth | 7 |
| 2 | Eastern Passage | 3 |
| 3 | Spryfield | 3 |
| 4 | Enfield | 2 |
| 5 | Halifax | 2 |
| 6 | Stewiacke | 2 |
| 7 | Brunello Estates | 2 |
| 8 | Tantallon | 2 |
| 9 | Black Point | 1 |
| 10 | Boutiliers Point | 1 |
Price Distribution
| Price Range | Number of Properties |
|---|---|
| Under $300K | 2 |
| $300K - $500K | 8 |
| $500K - $700K | 25 |
| $700K - $900K | 8 |
| $900K+ | 3 |
Property Size Distribution
| Square Footage Range | Number of Properties |
|---|---|
| Under 1,500 sq ft | 12 |
| 1,500 - 2,000 sq ft | 8 |
| 2,000 - 2,500 sq ft | 16 |
| 2,500 - 3,000 sq ft | 8 |
| 3,000+ sq ft | 2 |
Top 10 Builders by Volume
| Rank | Builder | Number of Properties |
|---|---|---|
| 1 | Ramar Construction | 6 |
| 2 | Rooftight Construction | 4 |
| 3 | Cresco Construction | 3 |
| 4 | Amara Developments | 3 |
| 5 | Countersign Construction | 2 |
| 6 | Provident Holdings | 2 |
| 7 | 232862 N.S. Ltd. | 1 |
| 8 | Seven Lakes Developments | 1 |
| 9 | Falcon Construction | 1 |
| 10 | Picket Fence Homes | 1 |
Regional Market Performance Analysis
| Community | Number of Sales | Avg Square Footage |
|---|---|---|
| Dartmouth | 7 | 2,149 sq ft |
| Eastern Passage | 3 | 2,093 sq ft |
| Spryfield | 3 | 2,146 sq ft |
| Enfield | 2 | 2,294 sq ft |
| Stewiacke | 2 | 896 sq ft |
| Halifax | 2 | 2,373 sq ft |
| Brunello Estates | 2 | 2,614 sq ft |
| Tantallon | 2 | 2,410 sq ft |
| Boutiliers Point | 1 | 2,952 sq ft |
| Black Point | 1 | 2,036 sq ft |
Average Selling Price by Community
| Rank | Community | Average Price |
|---|---|---|
| 1 | Brunello Estates | $806,095 |
| 2 | Tantallon | $712,450 |
| 3 | Halifax | $690,812 |
| 4 | Boutiliers Point | $671,155 |
| 5 | Dartmouth | $663,043 |
| 6 | Black Point | $644,900 |
| 7 | Enfield | $634,950 |
| 8 | Spryfield | $625,817 |
| 9 | Eastern Passage | $592,722 |
| 10 | Stewiacke | $359,900 |
Price Per SqFt by Community
| Rank | Community | Price/SqFt |
|---|---|---|
| 1 | Stewiacke | $401.67 |
| 2 | Black Point | $316.75 |
| 3 | Dartmouth | $312.98 |
| 4 | Brunello Estates | $309.00 |
| 5 | Spryfield | $301.62 |
| 6 | Tantallon | $295.62 |
| 7 | Halifax | $291.12 |
| 8 | Eastern Passage | $286.64 |
| 9 | Enfield | $280.64 |
| 10 | Boutiliers Point | $227.34 |
.jpg)
Royal LePage Atlantic.
We are leaders in the real estate community with a reputation for integrity, dedication and as equally important, we are known for achieving results. Our professional, motivated and trustworthy Team Members are committed to delivering quality service for both buyers and sellers. From the very start of your search to the day of your sale, whether it is a condo, townhouse, cottage, farm, or commercial property that you are looking to buy or sell, we are here to help you with real estate choices.
CONTACT US
SHARE ON SOCIAL MEDIA
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
MLS®, Multiple Listing Service®, REALTOR®, REALTORS®, and the associated logos are trademarks of The Canadian Real Estate Association.