Nova Scotia monthly MLS® home sales climb above 1,000 for the first time since last fall
The number of homes sold through the MLS® System of the Nova Scotia Association of REALTORS® totaled 1,025 units in April 2025. This was up modestly by 3.4% from April 2024.
Home sales were 15.5% below the five-year average and 4.3% below the 10-year average for the month of April.
On a year-to-date basis, home sales totaled 3,079 units over the first four months of the year. This was a minor increase of 3.9% from the same period in 2024.
The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $430,400 in April 2025, a small gain of 3% compared to April 2024.
The benchmark price for single-family homes was $424,400, increasing by 3% on a year-over-year basis in April. By comparison, the benchmark price for townhouse/row units was $538,900, a modest gain of 3.1% compared to a year earlier, while the benchmark apartment price was $470,800, up modestly by 3.8% from year-ago levels.
The average price of homes sold in April 2025 was a record $477,925, a small gain of 2.3% from April 2024.
The more comprehensive year-to-date average price was $467,237, increasing by 5.3% from the first four months of 2024.
The dollar value of all home sales in April 2025 was $489.9 million, advancing 5.9% from the same month in 2024.
The number of new listings was up modestly by 3.1% from April 2024. There were 1,745 new residential listings in April 2025.
New listings were 2% below the five-year average and 3.4% below the 10-year average for the month of April.
Active residential listings numbered 3,954 units on the market at the end of April, an increase of 12.2% from the end of April 2024. Active listings haven’t been this high in the month of April in five years.
Active listings were 29.8% above the five-year average and 23% below the 10-year average for the month of April.
Months of inventory numbered 3.9 at the end of April 2025, up from the 3.6 months recorded at the end of April 2024 and below the long-run average of 5.3 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
| Nova Scotia Monthly Summary | ||||
|---|---|---|---|---|
| April 2025 | Residential Sales | Year-over-year % change | Residential Average Price | Year-over-year % change |
| Annapolis Valley | 153 | 6.3 | $396,312 | 2.7 |
| Cape Breton | 69 | 25.5 | $240,388 | -6.7 |
| Halifax-Dartmouth | 511 | -1.7 | $603,267 | 1.4 |
| Highland Region | 27 | -3.6 | $327,626 | 33.4 |
| Northern Nova Scotia | 137 | 7.0 | $321,928 | 15.7 |
| South Shore | 105 | 11.7 | $429,016 | 12.1 |
| Yarmouth | 23 | 4.5 | $277,561 | 20.8 |
| Nova Scotia | 1,025 | 3.4 | $477,925 | 2.3 |
| Nova Scotia Year-To-Date Summary | ||||
|---|---|---|---|---|
| YTD 2025 | Residential Sales | Year-over-year % change | Residential Average Price | Year-over-year % change |
| Annapolis Valley | 442 | 13.3 | $376,399 | 3.5 |
| Cape Breton | 216 | 6.9 | $254,925 | 8.6 |
| Halifax-Dartmouth | 1,520 | 1.3 | $600,014 | 4.2 |
| Highland Region | 107 | 4.9 | $298,646 | 13.8 |
| Northern Nova Scotia | 429 | -1.2 | $306,583 | 9.2 |
| South Shore | 298 | 16.0 | $410,226 | 12.1 |
| Yarmouth | 67 | -15.2 | $290,225 | 16.3 |
| Nova Scotia | 3,079 | 3.9 | $467,237 | 5.3 |
BOARD & ASSOCIATION INFORMATION
Trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).
NSAR represents more than 2000 brokers, salespeople and affiliate (e.g. solicitors, appraisers, banks) members throughout the province. The Association serves its members through a wide variety of educational programs, publications and special services with the vision that learning and sharing real estate knowledge will help the profession advance. Through an agreement with the Nova Scotia Real Estate Commission, NSAR provides all real estate licensing courses in the province. REALTOR® is a trademark, which identifies real estate professionals who are members of The Canadian Real Estate Association and, as such, subscribe to a high standard of professional service and a strict Code of Ethics.
For more information,
please contact:
Tanya White
(902) 468-5874 or 1 (800) 344-2001
twhite@nsar.ns.ca
Suzanne Gravel
