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

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