Residential sales activity in the area served by the Nova Scotia Association of REALTORS® rose in the first quarter of 2025 compared to the first quarter of 2024.
Residential property sales numbered 2,056 units in the first quarter of 2025, up 4.2% compared to the same quarter in 2024.
Sales rose 7.7% for single detached homes, were down 12.2% for townhouse and row units, and were down 5.2% for apartment units compared to a year earlier in the first quarter.
Summary – Sales and Median Price / Single Detached | |||
---|---|---|---|
Category | Q1-2025 | Q1-2024 | Year-over-year % change |
Single Detached | 1,488 | 1,381 | 7.7 |
Townhouse/row | 72 | 82 | -12.2 |
Apartment | 127 | 134 | -5.2 |
Detailed – Single Detached Sales and Median Price by Area / Single Detached | |||
---|---|---|---|
Category | Q1-2025 | Q1-2024 | Year-over-year % change |
Single Detached | $450,000 | $400,000 | 12.5 |
Townhouse/row | $467,100 | $525,500 | -11.1 |
Apartment | $445,000 | $429,900 | 3.5 |