Residential sales activity in the area served by the Nova Scotia Association of REALTORS® rose in the fourth quarter of 2024 compared to the fourth quarter of 2023.
Residential property sales numbered 2,606 units in the fourth quarter of 2024, accelerating 17.4% compared to the same quarter in 2023.
Sales rose 23.2% for single detached homes, were down 1.3% for townhouse and row units, and were down 26.6% for apartment units compared to a year earlier in the fourth quarter.
Annually, residential property sales numbered 11,093 units in all of 2024. This was up 8% compared to the 10,275 units recorded in 2023.
| Summary – Sales and Median Price / Single Detached | |||
|---|---|---|---|
| Category | Q4-2024 | Q4-2023 | Year-over-year % change |
| Single Detached | 1,969 | 1,598 | 23.2 |
| Townhouse/row | 77 | 78 | -1.3 |
| Apartment | 116 | 158 | -26.6 |
| Detailed – Single Detached Sales and Median Price by Area / Single Detached | |||
|---|---|---|---|
| Category | Q4-2024 | Q4-2023 | Year-over-year % change |
| Single Detached | $420,000 | $380,000 | 10.5 |
| Townhouse/row | $511,000 | $450,000 | 13.6 |
| Apartment | $450,000 | $460,000 | -2.2 |
