With Spring here and Summer on the horizon, the Nova Scotia real estate market is warming up right along with it. Across the province, we’re seeing steady growth, with prices, activity, and confidence all on the rise. In March 2025, the average home price in Nova Scotia reached $477,054—a 5.6% increase from February and a 7.5% jump compared to the same time last year. In Halifax, the average price now sits at $601,250, climbing nearly 2% month-over-month.
Sales activity is also gaining momentum. Across the province, we saw a 20.2% increase in transactions from February to March. In Halifax alone, sales rose by 24.2% month-over-month, signaling renewed buyer interest—especially as we edge closer to the traditionally active spring and summer seasons.
So what does this mean for buyers and sellers?
For buyers, improving inventory levels are creating more choice, especially in suburban and rural areas. That said, interest rates continue to play a big role. If we see rates come down in the next few months, demand will likely surge—meaning more competition and upward pressure on prices. If you’re thinking about buying, acting now could mean locking in a great home before the next wave of activity.
For sellers, we’re still in a market where the right price matters. Well-priced homes—especially in key neighbourhoods—are still selling quickly, and in many cases, with multiple offers. If you’re considering upsizing, downsizing, or cashing out of your current property, now is a great time to evaluate your options while the market is balanced.
Whether you’re looking to make a move soon or just keeping a pulse on the market, I’m always here to help you navigate what’s next. Every decision is personal—let’s make sure it’s also strategic.!
