The latest residential market statistics are in, and both South Shore and Annapolis Valley continue to show notable activity and price growth.
📍 South Shore, Nova Scotia
• Average Residential Price: $500,565
• Year-over-Year Price Change: +28.2%
• Residential Sales: 110 units
The South Shore experienced a significant year-over-year increase in average home prices. This upward trend may reflect increased demand for coastal properties, ongoing inventory challenges, or renewed interest from out-of-province buyers.
📍 Annapolis Valley, Nova Scotia
• Average Residential Price: $380,833
• Year-over-Year Price Change: +7.2%
• Residential Sales: 145 units
While the Annapolis Valley also saw price growth, the pace has been more moderate. The Valley continues to offer strong value for buyers, particularly those seeking rural lifestyle properties or first-time homeownership opportunities.
🔍 What This Means for You
Both regions are still experiencing healthy demand, though inventory levels and buyer expectations may be shifting. And with mortgage rates starting to ease, we may see renewed interest from buyers who’ve been waiting for more favourable borrowing conditions. Lower rates can improve affordability—even as prices remain elevated.
If you're considering buying or selling this fall, it’s important to understand how local market activity and national lending trends could impact your next move.
📞 Reach out anytime if you’d like a deeper look at how these trends apply to your neighbourhood or property.
📊 Source: Canadian MLS® Systems, C