.png){kind=logo}
May 2026 South Shore Market Stats
Median sales price: $410,000, up 9.3%
Total sales volume: $35,473,180, down 5.4%
Average days on market: 73, up 58.7%
Closed sales: 73, down 17.0%
Months of inventory: 6.9, up 6.2%
South Shore Market Overview
The South Shore real estate market continued to shift in May 2026. The median sales price remained strong at $410,000, up 9.3% compared to the same month last year, while other indicators show the market moving at a slower pace.
Closed sales were down 17.0%, total sales volume was down 5.4%, and homes spent an average of 73 days on the market, up 58.7% year-over-year. Months of inventory also rose to 6.9, suggesting buyers may have more options than they did during the same period last year.
Key South Shore Market Stats
In May 2026, the South Shore recorded a median sales price of $410,000, total sales volume of $35,473,180, and 73 closed sales. Homes spent an average of 73 days on the market, while months of inventory reached 6.9.
Compared to the same month last year, the median sales price was up 9.3%, total sales volume was down 5.4%, average days on market was up 58.7%, closed sales were down 17.0%, and months of inventory was up 6.2%.
What This Means for Sellers
For sellers, May’s numbers show that home values on the South Shore remained strong, with the median sales price up 9.3% year-over-year. That is a positive sign for property owners considering the market.
At the same time, homes are taking longer to sell, with average days on market rising to 73 days. With closed sales down 17.0% and months of inventory up to 6.9, sellers may need to be more thoughtful about pricing, preparation, and presentation.
What This Means for Buyers
For buyers, the increase in average days on market and months of inventory may create more breathing room. Homes averaged 73 days on the market in May, and inventory rose to 6.9 months.
While the median sales price was still up 9.3%, the slower pace may give buyers more time to compare properties, ask questions, and make informed decisions.
A More Balanced Market
Overall, the May 2026 stats suggest the South Shore market is becoming more balanced. Prices remained strong, but closed sales and total sales volume were lower than the same month last year.
The combination of longer days on market, fewer closed sales, and more months of inventory points to a market that is still active, but less rushed than it may have been previously.
Final Takeaway
The South Shore market remained strong in May, but the pace has changed. The median sales price reached $410,000, while homes averaged 73 days on market and months of inventory rose to 6.9.
For sellers, strategy matters. For buyers, there may be more room to navigate the market. As always, the best approach depends on the specific property, location, price point, and goals involved.
Statistics provided by the Nova Scotia Association of REALTORS® and measured against the same month in the previous year.