Truro / Bible Hill Real Estate Market Stats — March 2026

By Rob Lough, Broker/Owner — Century 21 Optimum Realty Published: April 2026

Spring arrived in Truro and Bible Hill with a mixed but meaningful set of signals. The March 2026 data for MLS District 104 shows a market working through a seasonal reset, sales volumes are lower than the peak activity of spring and summer 2025, but pricing remains firm, seller confidence is intact, and new listings are ticking back up as the market enters its busiest months of the year. Here is a full breakdown of every key metric for March 2026.

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Total Units Sold

33 homes sold in March 2026, up from January’s low of 26 but below the February 2026 total of 42. The spring ramp-up in this market typically takes hold in April and May, so a March figure in the low-to-mid 30s is consistent with seasonal norms for District 104.

For context, this market peaked at 64 sales in April 2025 before settling into a steady range through summer and fall. The winter pullback from that high was expected. What matters heading into spring is that buyer activity is holding up and listings are returning to the market.

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Dollar Volume of Closed Sales

Total closed sales volume reached $11.6 million in March 2026, down from February’s $15.8 million and well below the spring 2025 peaks that saw monthly volume reach $21–$23 million. Volume tracks unit counts closely, with fewer closings in March, total dollar volume pulled back accordingly.

The encouraging context here is that the market generated $15.8 million in February even with only 42 sales, which reflects the pricing strength that has persisted through the winter. As sales counts climb through April and May, expect total volume to recover toward the $20 million range.

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Average Sales Price

The average sale price in March 2026 came in at $352,055, a pullback from February’s $376,219 and January’s $378,092. This represents a modest softening in the average from the winter highs, though it remains solidly above the March 2025 figure of $329,540, an increase of roughly 6.8% year-over-year.

It is worth noting that average sale price in a lower-volume market like District 104 can swing meaningfully from month to month based on the mix of properties that close. A month with fewer high-value transactions will pull the average down even if pricing fundamentals are unchanged. The trend across the past 13 months remains upward from that $329,540 base, with the market consistently operating in the $350,000–$414,000 range through most of 2025 and into 2026.

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Median Sales Price

The median sale price in March 2026 was $349,000, down from $371,000 in February and $370,702 in January. The median is a useful companion to the average because it is less sensitive to outlier transactions. At $349,000, the Truro and Bible Hill market continues to offer compelling value relative to Halifax-Dartmouth, where the median sale price in March 2026 came in at $569,450  a gap of more than $220,000.

That affordability advantage continues to attract buyers who are priced out of HRM or simply seeking more space for their dollar. First-time buyers, remote workers, and retirees are all active in this price range, and the $349,000 median sits well within reach for buyers utilizing programs like the Nova Scotia Down Payment Assistance Program.

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Median Price Per Square Foot

The median price per square foot in March 2026 was $289, essentially flat from February’s $294 and consistent with the range this market has maintained since fall 2025. The per-square-foot metric is one of the cleanest ways to compare value across different property types and sizes, and $289 represents solid, stable pricing for central Nova Scotia.

For reference, the June 2025 peak was $319 per square foot, buyers who are active now are purchasing at meaningful value relative to where this market was at its most competitive. With spring demand typically pushing per-square-foot pricing higher through April and May, that window of relative value may be narrowing.

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Median Days on Market

The median days on market in March 2026 climbed to 78 days, up sharply from February’s 36 days and the highest reading in the 13-month data window. This is the metric that deserves the most attention in this month’s report.

A jump to 78 days does not mean the market has gone cold, it means the homes that closed in March took longer to find their buyer, likely a mix of properties that sat through the winter and finally transacted as spring arrived. March closings often reflect January and February listings, which is traditionally the slowest listing environment of the year.

The key comparison point: during the spring and summer 2025 peak, median DOM was as low as 6 days in June. Sellers entering the market now with well-priced, well-prepared homes should not expect those peak conditions, but they also should not assume 78 days is the new baseline. April and May data will tell a clearer story about where spring 2026 settling speed actually lands.

If you are planning to list, the 2026 guide to selling your Truro home fast covers exactly how pricing strategy and presentation affect your days on market in this specific market.

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Sale-to-Original-List Price Ratio

The sale-to-original-list price ratio in March 2026 was 95.2%, recovering from January’s low of 91.7% and sitting in line with the range this market has maintained for most of the past year. Sellers are receiving very close to their original asking price on average, a sign that pricing discipline is being rewarded and that buyers are not extracting significant discounts.

The 12-month high was 99.7% in June 2025, when competition was at its sharpest. The current 95.2% reflects a more balanced environment, buyers have a bit more room to negotiate than they did at the peak, but not much. Homes priced correctly are selling without major concessions.

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Sale-to-Last-List Price Ratio

The sale-to-last-list price ratio came in at 97.0% in March 2026, matching December 2025 and January 2026 levels exactly. This metric measures what sellers actually received relative to the price the home was listed at when it sold, accounting for any price reductions made during the listing period.

A 97% sale-to-last-list ratio tells us that even among homes that may have adjusted their price, sellers are still closing very close to their final ask. There is minimal distress selling in this data. The market is negotiating, but not capitulating.

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New Listings

59 new listings came to market in March 2026, the highest monthly count since October 2025’s 66 and a meaningful step up from January’s 50 and February’s 56. The spring supply pipeline is beginning to open.

This is positive for buyers who have been working with limited choices through the winter. More listings mean more selection, more opportunities to find the right property, and potentially slightly more negotiating room as supply increases.

For sellers, the message is that competition is increasing as well. Homes that stand out, in condition, in photography, in pricing accuracy, will attract buyers quickly. Those that don’t will sit in a growing pool of available inventory.

The peak new listing month in the trailing 13-month window was May 2025 at 97 listings. Expect April and May 2026 to see similar seasonal spikes as the full spring market arrives.

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Homes for Sale (Inventory)

Active inventory in March 2026 stands at 165 homes, up slightly from February’s 152 and consistent with the range the market has held since November 2025. Total inventory peaked at 206 homes in September 2025 before declining through the fall and winter.

At 3.7 months of supply (see below), this is a market that remains meaningfully tighter than what economists typically classify as balanced (6 months of supply). Buyers have more options than they did at the spring 2025 peak, but they are not operating in an oversupplied market.

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Months Supply of Homes for Sale

Months of supply in March 2026 is 3.7, matching December 2025 and slightly above February’s low of 3.3. This metric divides active inventory by the average monthly sales pace and gives us a standardized read on market balance.

A balanced market sits at approximately 5–6 months of supply. At 3.7 months, Truro and Bible Hill remains in seller’s market territory — there is not enough available inventory to satisfy buyer demand at current sales rates. The market loosened from its tightest point of 2.5 months (April 2025) through the summer, but has not tipped into buyer-favouring conditions.

For sellers, this is meaningful. You are not listing into an oversupplied market. Demand is real, inventory is constrained, and properly priced homes are still transacting.

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What This Means for Buyers and Sellers

For Buyers: March 2026 offers a window that is more open than the frenzied conditions of spring and summer 2025. Days on market are longer, there is slightly more inventory to choose from, and the sale-to-list ratio gives a little more room to negotiate. That said, at 3.7 months of supply, this is not a buyer’s market. Well-priced properties in good condition will still attract competition. If you are watching the Truro market from the sidelines, the spring season is the time to move. The Spring 2026 Halifax and Nova Scotia market guide provides additional context on what this moment means for buyers across the region.

For Sellers: Prices are holding up. The 95.2% sale-to-original-list ratio and 97.0% sale-to-last-list ratio tell us that sellers who price accurately are walking away very close to their ask. The jump in median days on market to 78 days is a signal that overpriced or poorly prepared homes will sit, but homes that are priced correctly and presented well are still closing. With 59 new listings entering the market in March and more expected through April and May, getting ahead of the spring competition matters. The January 2026 Truro/Bible Hill market stats showed where this market started the year, March confirms that the fundamentals remain sound heading into the busiest months of 2026.

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About This Report

All data based on MLS District 104 (Truro/Bible Hill) single and multi-family residential sales. Vacant land and commercial properties not included. Charts prepared by Rob Lough | Century 21 Optimum Realty. Data as of April 12, 2026.

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Rob Lough is Broker/Owner at Century 21 Optimum Realty, serving Halifax Regional Municipality, East Hants, and the Truro/District 104 market. With 25 years of Nova Scotia real estate experience, including 5 years as a licensed Home Inspector, Rob brings a grounded, practical approach to every transaction.

Ready to buy or sell in Truro or Bible Hill? Get in touch today.

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Related Resources

• Truro/Bible Hill Real Estate Market Stats — January 2026
• Halifax-Dartmouth Real Estate Market Stats — March 2026
• How to Sell Your Home Fast in Truro, Nova Scotia — 2026 Expert Guide
• Spring 2026 in Halifax: What Buyers and Sellers Need to Know
• What a Home Inspector Looks for During an Inspection