Province at a glance
All Nova Scotia (Entire MLS®), September 2026
Why the provincial median rose while Halifax and the Valley fell: Halifax made up 48% of September sales (44% a year ago), and Halifax homes cost more. That mix lifts the provincial median.
Price and sales trends
Median price over 12 months, and total sales over 6 months
Median sale price
Total sales
Every region, side by side
September 2026, with change vs September 2025. * Small sample (under 40 sales), so treat price moves with caution. On mobile, swipe the table sideways to see every column.
| Region | Median price | Sales | Homes for sale | Median DOM | Months supply |
|---|---|---|---|---|---|
| All Nova Scotia | $445,000 ▲ 3.5% | 828 ▼ 9.9% |
4,508 ▲ 17.5% | 30 29 last yr | 5.7 Balanced |
| Halifax-Dartmouth | $548,000 ▼ 1.7% | 397 ▼ 1.5% |
1,553 ▲ 19.0% | 27 18 last yr | 4.0 Balanced |
| Annapolis Valley | $367,000 ▼ 2.0% | 131 ▼ 3.0% |
762 ▲ 21.9% | 37 39 last yr | 6.5 Buyer's |
| South Shore | $370,000 ▲ 1.1% | 87 ▼ 10.3% |
590 ▲ 2.8% | 47 38 last yr | 8.2 Buyer's |
| Northern | $317,900 ▼ 3.7% | 107 ▼ 15.1% |
749 ▲ 17.2% | 29 34 last yr | 7.1 Buyer's |
| Highland * | $274,375 ▼ 15.8% | 34 ▼ 27.7% |
356 ▲ 17.9% | 30 77 last yr | 13.0 Buyer's |
| Cape Breton | $259,500 ▲ 5.1% | 61 ▼ 27.4% |
350 ▲ 33.1% | 21 22 last yr | 5.9 Balanced |
| Yarmouth * | $314,950 ▲ 26.0% | 14 ▼ 48.1% |
148 ▲ 15.6% | 81 40 last yr | 8.7 Buyer's |
Regional comparison
Median price and median days on market by region, September 2026
Median price by region
Median days on market
Sale-to-list price ratio isn't part of this month's NSAR export, so it isn't shown.
Market temperature
Under 2 months: extreme seller's · 2–3: seller's · 3–4: balanced-seller · 4–6: balanced · 6+: buyer's
Economic snapshot
As of October 1, 2026
CMHC: housing starts in Nova Scotia's larger centres are down 31% year to date through August (4,163 vs 6,047). Nationally they're down about 4%.
Analyst pulse
Latest commentary from national analysts
Every province sold fewer homes in August than a year earlier. “More competing properties arrived without a matching increase in purchases.” That is exactly Nova Scotia's September story.
SourceNational sales fell 6.9% YoY in August, with 4.8 months of inventory. CREA warned a rate hike is “back on the table” and already priced in by markets.
SourceNo original commentary this month. Their feed highlighted reporting that 45% of Canadians renewing this year spend over half their paycheque on housing.
SourceNo recent content found. Check their channels directly.
90-day outlook
October to December 2026, based on seasonal patterns from 2024 and 2025
Months of supply should ease to about 2.7–2.8 by December as listings expire, still above last December's 2.1. I expect the median to hold between $535,000 and $555,000.
Pending sales are down 16.6% YoY, so October closings should be soft. Supply should ease to about 4.5 months by year end, back into balanced territory.
Stays a buyer's market, easing to about 6 months by December. Expect days on market to stay elevated through the holidays.
Still the fastest market in the province. Supply should ease from 5.9 to about 4.5 months as winter listings thin out.
Pending sales are up 11.0% YoY, the strongest leading indicator in the province. Supply should ease to about 5 months.
Small samples (34 and 14 sales) make price calls unreliable. Expect buyer's-market conditions to continue through December.
About 4.0 months of supply by December, up from 3.2 last year. The October 28 rate decision is the main risk to fall and spring demand.