New construction - Jan 2025

Nova Scotia New Construction Market Report

January 2025 Provincial Analysis
Stats from the Nova Scotia Association of REALTORS® (NSAR)
Total Listings
77
Sold Properties
67
Active Listings
10
Average Selling Price
$637K
Average Square Footage
2,005
Average Price Per SqFt
$325

Key Market Insights

  • Strong sales conversion: 87% of listings resulted in sales during January
  • Active builder market: 30+ builders actively contributing to new construction supply
  • Price concentration: 45% of sales occurred in the $500K-$700K range
  • Regional leaders: Brunello Estates and surrounding Halifax submarkets dominate activity
  • Size diversity: Properties range from compact 568 sq ft to expansive 4,534 sq ft

Top 10 Districts by Activity

Price Distribution

Property Size Distribution

Top 10 Builders by Volume

Regional Market Performance - Top 10 Communities

Average Price by Region

Price Per SqFt by Region

Authored by Sandra Pike, REALTOR®

The Pike Group, Royal LePage Atlantic
One of Halifax's Top Resale Listing Agents Since 2016
Data-Driven Market Insights and Real Estate Commentary

Chairmans

Chairmans

Ranked in the Top 1% of Royal LePage agents across Canada every year since 2017.

Top 10 Team

Top 10 Team Awards

A Royal LePage Top 10 Team Award recipient in Atlantic Canada every year since 2017.

Sandra Pike best of halifax

Sandra Pike best of halifax

Recognized in The Coast’s 2023 Best of Halifax Readers’ Choice Awards

Top Choice Award

Top Choice Awards

Seven-time Top Choice Award recipient, recognized for excellence in Halifax real estate.

Three Best Rated

Three Best Rated

A long-standing ThreeBestRated recipient, recognized for excellence in Halifax real estate since 2016

Consumer Choice

Consumer Choice

A four-time Consumer Choice Award Winner for Best REALTOR in Halifax.

Quality Business

Quality Business Award

2026 Quality Business Award winner, recognized for outstanding client service and business excellence.

Sandra Pike Senior Specialist

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

Sandra Pike luxury specialist

Certified Luxury Home Marketing Specialist™ since 2021, with specialized training and proven experience in marketing upper-tier homes.

Listing Specialist

Listing Specialist

Accredited Listing Specialist since 2024, with specialized training in pricing, positioning, and marketing homes for sale.

Divorce Coach

Divorce Coach

Completed divorce-focused real estate training in 2024 to help clients navigate separation, property decisions, and home sales with clarity and care.

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