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Nova ScotiaHousing market
Nova Scotia
Nova Scotia Housing Market Report
Buyer's Market
All types - for the month of May
Buyer's market Seller's market
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MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.
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DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.
Total Active Listings*
4,359 active
New
2,067(+6.16% YoY)
Relisted
3(-50.00% YoY)
Compared to number of active, same period, in 2024: 3,388, in 2023: 869, in 2022: 50
Total Sold Listings*
750 sold
Median Sold Price
$520,000
Avg Days on Market
61 days
Median Bidding
-$4,900
Compared to number of sold, same period, in 2024: 419, in 2023: 1,012, in 2022: 1,203
*Data is for the month of May
Median Sold Price vs Average Days and Average Total Days on Market - Nova Scotia - All types
Sold vs Active vs New vs Relisted - Nova Scotia - All types
Sold Price Distribution - Nova Scotia - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Nova Scotia - All types
Property type distribution based on data from the last 3 months.
