Cape Breton
Cape Breton

Cape Breton Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

103

Months of inventory (MOI)*

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.

92

Days on market (DOM)*

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*

205

New

99(+50.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 125, in 2023: 6, in 2022: 1

Total Sold Listings*

2

Median Sold Price

$247,500

Avg Days on Market

92 days

Median Bidding

-$16,950

Compared to number of sold, same period, in 2024: 2, in 2023: 2, in 2022: 73

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Cape Breton - All types

Sold vs Active vs New vs Relisted - Cape Breton - All types

Sold Price Distribution - Cape Breton - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Cape Breton - All types

Property type distribution based on data from the last 3 months.

Median Price - Cape Breton - All types