New construction - Feb 2025
Nova Scotia New Construction Market Report
Month-Over-Month Performance: February vs. January
Key Market Insights
- Exceptional conversion rate: 94% of listings resulted in sales during February
- Geographic concentration: Beechville dominated with 15 sales, representing 29% of total market activity
- Premium market shift: 42% of sales in the $500K-$700K range with strong activity in $700K-$900K segment (38%)
- Builder consolidation: ATN Group entities led market with 12 combined sales across their corporate structures
- Price appreciation: Both average price and price per square foot increased month-over-month despite reduced inventory
- Size concentration: 42% of properties fell in the 2,000-2,500 sq ft range, indicating builder focus on mid-size family homes
Top 10 Communities by Activity
| Rank | Community | Number of Listings | Market Share |
|---|---|---|---|
| 1 | Beechville | 15 | 27.8% |
| 2 | Middle Sackville | 5 | 9.3% |
| 3 | Stewiacke | 4 | 7.4% |
| 4 | Dartmouth | 3 | 5.6% |
| 4 | Brunello Estates | 3 | 5.6% |
| 4 | Halifax | 3 | 5.6% |
| 7 | Lantz | 2 | 3.7% |
| 7 | Beaver Bank | 2 | 3.7% |
| 9 | Westphal | 1 | 1.9% |
| 9 | Boutiliers Point | 1 | 1.9% |
Price Distribution Analysis
| Price Range | Number of Properties | Percentage of Market |
|---|---|---|
| $300,000 - $500,000 | 8 | 16% |
| $500,000 - $700,000 | 21 | 42% |
| $700,000 - $900,000 | 19 | 38% |
| $900,000+ | 2 | 4% |
Property Size Distribution
| Size Range (sq ft) | Number of Properties | Percentage of Market |
|---|---|---|
| Less than 1,500 | 12 | 24% |
| 1,500 - 2,000 | 8 | 16% |
| 2,000 - 2,500 | 21 | 42% |
| 2,500 - 3,000 | 9 | 18% |
Top 10 Builders by Volume
| Rank | Builder | Number of Properties | Market Share |
|---|---|---|---|
| 1 | ATN Group Ltd | 6 | 11.1% |
| 2 | Ramar Construction | 4 | 7.4% |
| 2 | ATN Group Ltd. | 4 | 7.4% |
| 4 | Rubys Way Developments | 3 | 5.6% |
| 4 | Cresco Construction | 3 | 5.6% |
| 6 | FH Development Group | 2 | 3.7% |
| 6 | Kahill Custom Homes | 2 | 3.7% |
| 6 | ATN Group | 2 | 3.7% |
| 6 | Atn Group Ltd. | 2 | 3.7% |
| 6 | Picket Fence Homes | 2 | 3.7% |
Average Selling Price by Community
| Rank | Community | Average Selling Price | Number of Sales |
|---|---|---|---|
| 1 | Bedford West | $982,900 | 1 |
| 2 | Brunello Estates | $801,964 | 3 |
| 3 | Middle Sackville | $799,131 | 5 |
| 4 | Boutiliers Point | $749,000 | 1 |
| 5 | Beechville | $696,200 | 15 |
| 6 | Dartmouth | $684,450 | 2 |
| 7 | Beaver Bank | $669,450 | 2 |
| 8 | Halifax | $615,177 | 3 |
| 9 | Lantz | $558,900 | 2 |
| 10 | Stewiacke | $459,533 | 3 |
Price Per Square Foot by Community
| Rank | Community | Price Per SqFt | Avg Square Footage |
|---|---|---|---|
| 1 | Middle Sackville | $425.79 | 1,901 |
| 2 | Dartmouth | $393.66 | 1,747 |
| 3 | Halifax | $368.77 | 1,743 |
| 4 | Stewiacke | $364.25 | 1,265 |
| 5 | Bedford West | $332.74 | 2,954 |
| 6 | Brunello Estates | $312.02 | 2,575 |
| 7 | Lantz | $308.28 | 1,941 |
| 8 | Beechville | $299.32 | 2,327 |
| 9 | Beaver Bank | $298.45 | 2,270 |
| 10 | Boutiliers Point | $286.97 | 2,610 |
Regional Market Performance Summary
| Community | Sales | Avg Price | Avg SqFt | Price/SqFt |
|---|---|---|---|---|
| Beechville | 15 | $696,200 | 2,327 | $299.32 |
| Middle Sackville | 5 | $799,131 | 1,901 | $425.79 |
| Brunello Estates | 3 | $801,964 | 2,575 | $312.02 |
| Halifax | 3 | $615,177 | 1,743 | $368.77 |
| Stewiacke | 3 | $459,533 | 1,265 | $364.25 |
| Dartmouth | 2 | $684,450 | 1,747 | $393.66 |
| Beaver Bank | 2 | $669,450 | 2,270 | $298.45 |
| Lantz | 2 | $558,900 | 1,941 | $308.28 |
| Boutiliers Point | 1 | $749,000 | 2,610 | $286.97 |
| Bedford West | 1 | $982,900 | 2,954 | $332.74 |
Chairmans
Ranked in the Top 1% of Royal LePage agents across Canada every year since 2017.
Top 10 Team Awards
A Royal LePage Top 10 Team Award recipient in Atlantic Canada every year since 2017.
Sandra Pike best of halifax
Recognized in The Coast’s 2023 Best of Halifax Readers’ Choice Awards
Top Choice Awards
Seven-time Top Choice Award recipient, recognized for excellence in Halifax real estate.
Three Best Rated
A long-standing ThreeBestRated recipient, recognized for excellence in Halifax real estate since 2016
Consumer Choice
A four-time Consumer Choice Award Winner for Best REALTOR in Halifax.
Quality Business Award
2026 Quality Business Award winner, recognized for outstanding client service and business excellence.
Sandra Pike Senior Specialist
Seniors Real Estate Specialist since 2021, with specialized training to help clients aged 50+ navigate downsizing, lifestyle changes, and real estate transitions.
Sandra Pike luxury specialist
Certified Luxury Home Marketing Specialist™ since 2021, with specialized training and proven experience in marketing upper-tier homes.
Listing Specialist
Accredited Listing Specialist since 2024, with specialized training in pricing, positioning, and marketing homes for sale.
Divorce Coach
Completed divorce-focused real estate training in 2024 to help clients navigate separation, property decisions, and home sales with clarity and care.
.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.