Salmon RiverHousing market

Salmon River

Salmon River Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

6

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.

111

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*

6 active

New

2(+100.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 4, in 2023: 0, in 2022: 0

Total Sold Listings*

1 sold

Median Sold Price

$320,000

Avg Days on Market

111 days

Median Bidding

-$9,000

Compared to number of sold, same period, in 2024: 4, in 2023: 3, in 2022: 4

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Salmon River - All types

Sold vs Active vs New vs Relisted - Salmon River - All types

Sold Price Distribution - Salmon River - All types

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

Property Type Distribution - Salmon River - All types

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

Median Price - Salmon River - All types

Just listed - Salmon River

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 28 Wrong Rd, Truro Nova Scotia B1L 4P1

25 days on market

28 Wrong Rd, Truro

Detached32+11024 sq ft

Listed by Royal LePage Truro Real Estate

Home with vinyl exterior material, street for 2 Matheson Dr, Salmon River Nova Scotia B2N 7G3

32 days on market

$•••,•••

2 Matheson Dr, Salmon River

Detached321184 sq ft

Listed by RE/MAX Fairlane Realty

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 157 Blainedale Dr, Salmon River Nova Scotia B2N 6M3

45 days on market

157 Blainedale Dr, Salmon River

Detached33+11600 sq ft

Listed by RE/MAX Nova

Home with vinyl exterior material, street for 119 Blainedale Dr, Salmon River Nova Scotia B2N 6M3

Sold conditionally

$•••,•••

119 Blainedale Dr, Salmon River

Detached21944 sq ft

Listed by Keller Williams Select Realty (Truro)

Unknown for 302 Harmony Rd, Truro Nova Scotia B6L 3P8

Sold conditionally

$•••,•••

302 Harmony Rd, Truro

Detached311048 sq ft

Listed by RE/MAX Fairlane Realty

Unknown for 1386 East Prince St, Salmon River Nova Scotia B2N 1J7

83 days on market

1386 East Prince St, Salmon River

Detached22+11143 sq ft

Listed by Keller Williams Select Realty (Truro)

Just sold - Salmon River

Home with vinyl exterior material, street for 171 Spruce Dr, Salmon River Nova Scotia B2N 5T1

Sold 11 days ago

Sold for $445,000

171 Spruce Dr, Salmon River

Detached321926 sq ft

Listed by PG Direct Realty Ltd.

Home with vinyl exterior material for 7 Matheson Dr, Salmon River Nova Scotia B2N 7G3

Sold 21 days ago

Sold for $175,490

7 Matheson Dr, Salmon River

Detached21960 sq ft

Listed by PG Direct Realty Ltd.

Frontside or backside of a home, cottage for 13 Evergreen Dr, Salmon River Nova Scotia B2N 5J2

Sold 47 days ago

Sold for $320,000

$9K below asking

13 Evergreen Dr, Salmon River

Detached321728 sq ft

Listed by Keller Williams Select Realty (Truro)

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, mountain view for Christina Lane Salmon River #LOT, Salmon River Nova Scotia B2N 7G3

Sold 52 days ago

Sold for $525,000

$25K below asking

Christina Lane Salmon River #LOT, Salmon River

Townhouse--- sq ft

Listed by RE/MAX Nova (Halifax)

A pic from exterior of the house or condo, the front or back of building for 8 Matheson Dr, Salmon River Nova Scotia B2N 7G3

Sold 59 days ago

Sold for $170,000

$10K below asking

8 Matheson Dr, Salmon River

Detached21960 sq ft

Listed by Hants Realty Ltd.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 55 Birch St, Salmon River Nova Scotia B2N 4W9

Sold 60 days ago

Sold for $331,000

55 Birch St, Salmon River

Detached311601 sq ft

Listed by Keller Williams Select Realty (Truro)

Unknown for 43 Dhugald Dr, Salmon River Nova Scotia B6L 3H7

Sold 80 days ago

Sold for $180,000

$5K below asking

43 Dhugald Dr, Salmon River

Detached311024 sq ft

Listed by Viewpoint Realty Services Inc.

Frontside or backside of a home, cottage for 28 Blainedale Dr, Salmon River Nova Scotia B2N 6M3

Sold 87 days ago

Sold for $314,072

$11K below asking

28 Blainedale Dr, Salmon River

Detached422050 sq ft

Listed by Viewpoint Realty Services Inc.

nsar/IMG-202422035_1.jpg

Sold 144 days ago

Sold for $690,000

$20K below asking

54 Deerview Cres, Salmon River

Detached44+13121 sq ft

Listed by Century 21 Trident Realty Ltd.

Home with vinyl exterior material for 22 Matheson Dr, Salmon River Nova Scotia B2N 7G3

Sold 159 days ago

Sold for $205,000

22 Matheson Dr, Salmon River

Detached32+11072 sq ft

Listed by PG Direct Realty Ltd.

Population and Demographics

Overview

Total population 1978

Average household income $87,817

Age (%)

50 to 64

22%

65 and plus

22%

0 to 19

21%

35 to 49

18%

20 to 34

16%

Household composition (%)

Single family

63%

Single person

32%

Multi person

4%

Multi family

0%

Mother tongue (%)

English

98%

Others

2%

House tenancy (%)

Owners

71%

Renters

29%

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance