South Shore Sales 2025 In Review

Stats from the Nova Scotia Association of REALTORS® (NSAR)

Lunenburg County Real Estate Market Report – December 2025

Executive Summary

Lunenburg County's real estate market closed 2025 with solid annual growth despite a slower December. Single-family home sales reached 635 transactions for the full year—a 5.5% increase over 2024—while the median sale price climbed 4.0% to $429,900. December itself saw 30 closed sales with a notable median price of $465,000, representing a 13.4% year-over-year gain for the month.

The market is showing signs of normalization: inventory has increased 9.4% to 222 homes, and properties are spending slightly longer on the market at 75 days. Buyers are finding improved negotiating conditions, with sellers receiving 95.7% of list price in December compared to 96.7% a year ago.

December Closed Sales
30
Down 9.1% from Dec 2024
December Median Price
$465,000
Up 13.4% year-over-year
2025 Annual Sales
635
Up 5.5% from 2024
Months of Inventory
4.2
Balanced market conditions
Key Insight

Lunenburg County's average sale price reached $525,690 for full-year 2025—an 11.8% increase over 2024—signaling continued demand for the region's higher-value coastal and rural properties. The gap between median ($429,900) and average prices suggests strong activity in the upper market segments.

Single-Family Market Performance

December 2025 vs. December 2024

Monthly activity moderated from the prior year, though pricing remained strong with December's median reaching its highest point of 2025.

Metric Dec 2024 Dec 2025 Change
New Listings 43 23 −46.5%
Pending Sales 33 24 −27.3%
Closed Sales 33 30 −9.1%
Days on Market 67 75 +11.9%
Median Sales Price $410,000 $465,000 +13.4%
Average Sales Price $509,688 $506,370 −0.7%
% of List Price Received 96.7% 95.7% −1.0%
Inventory of Homes 203 222 +9.4%
Months Supply 4.0 4.2 +5.0%

Full Year 2025 vs. 2024

Annual performance demonstrates consistent market health with growth across all key volume and pricing metrics.

Metric 2024 2025 Change
New Listings 953 1,047 +9.9%
Pending Sales 606 629 +3.8%
Closed Sales 602 635 +5.5%
Days on Market 52 56 +7.7%
Median Sales Price $413,500 $429,900 +4.0%
Average Sales Price $470,062 $525,690 +11.8%
% of List Price Received 97.0% 96.3% −0.7%
Annual Sales Growth
+5.5%
635 homes sold in 2025 vs. 602 in 2024
Average Price Growth
+11.8%
$525,690 average in 2025
Listing Inventory
+9.9%
1,047 new listings in 2025

Condominium Market Overview

The Lunenburg County condo market remains a niche segment with limited transaction volume. December saw just one sale at $342,000, while full-year activity totaled 14 transactions—a decrease from 17 in 2024.

Metric 2024 2025 Change
New Listings 38 52 +36.8%
Closed Sales 17 14 −17.6%
Days on Market 64 56 −12.5%
Median Sales Price $449,100 $454,500 +1.2%
Average Sales Price $471,436 $470,493 −0.2%
% of List Price Received 96.5% 98.3% +1.9%

A notable development: condo inventory has doubled to 18 units with a 15.4-month supply—indicating a buyer's market for those seeking condominium properties in Lunenburg County. The increased inventory-to-sales ratio suggests buyers have considerably more selection and negotiating leverage in this segment.

Market Outlook

For Buyers

Improved conditions are emerging in Lunenburg County. Inventory is up nearly 10%, days on market have extended, and sellers are accepting offers averaging 4.3% below list price. For condo buyers specifically, the 15.4-month supply represents significant negotiating opportunity.

For Sellers

Despite longer selling times, Lunenburg County's pricing trajectory remains positive. The 13.4% median price gain in December and 11.8% annual average price growth demonstrate continued demand—particularly for well-positioned properties. Strategic pricing aligned with current market expectations will be essential for achieving optimal outcomes.

Key Takeaways

Lunenburg County delivered a solid 2025 with 635 single-family sales at an average price of $525,690. While the market has shifted from the frenzied conditions of recent years, fundamental demand remains healthy. The increasing spread between median and average prices suggests particular strength in higher-end coastal properties and waterfront homes that define the region's appeal.

Looking ahead, the combination of rising inventory, extended selling times, and improved buyer negotiating power points toward a more balanced market—one that rewards both well-priced listings and patient, informed buyers.

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