3.7 km away
—
Groves Point, Cape Breton, NS Real Estate
Home prices, sales and market activity in Groves Point — prices moved +6.9% in 2023.
Avg. house price
$216,998
+6.9%2023 vs 2022
Sales in 2022
1
Price rank in Cape Breton
9th
of 108 neighbourhoods
How it ranks
Groves Point among 108 Cape Breton neighbourhoods
Average house + condo price is 36% above the Cape Breton average ($158,998).
Most expensive
Ranked by average property price against every neighbourhood in the city.
9th
of 108
LastAhead of 93%1st
$216,998 average price
+36%vs Cape Breton average
Fastest growing
Ranked by year-over-year price growth against every neighbourhood in the city.
39th
of 108
LastAhead of 64%1st
+6.91% year over year
Most active
Ranked by number of recorded sales against every neighbourhood in the city.
No ranking published for this year and property type.
Market trends
How Groves Point compares with Cape Breton
Yearly averages from assessment records and recorded sales.
Average price
Groves Point: $216,998
Groves Point
Cape Breton average
| Year | Groves Point | Cape Breton average |
|---|---|---|
| 2022 | $202,972 | $142,447 |
| 2023 | $216,998 | $158,998 |
| 2024 | — | — |
| 2025 | — | — |
| 2026 | — | — |
Year-over-year change
Change in average price
Groves Point
Cape Breton average
| Groves Point | Cape Breton average | |
|---|---|---|
| 2022 | +2.9% | +0.7% |
| 2023 | +6.9% | +11.5% |
Current month
Groves Point price and rent estimates
Current-month figures for Groves Point, by property type.
Avg. Honestdoor price
$417,845
7.91%up from previous month
Avg. rental estimate
$2,089/mo
Sold price per sq ft
—
Est. gross rental yield
6.0%
Annual rent ÷ price
Never Miss a Listing
Get email notifications every time a new listing hits the market in Groves Point.
Nearby
Neighbourhoods near Groves Point
Closest neighbourhoods by distance, with their average house price.
4.2 km away
$187K
+0.7%4.9 km away
$187K
+0.9%5 km away
$141K
+0.9%5.1 km away
$115K
+1.7%5.2 km away
$149K
+0.9%7.5 km away
$167K
+0.4%7.5 km away
$135K
+1.2%Honestdoor services
Buying or selling in Cape Breton?
Sell with Honestdoor in Cape Breton, NS
For only $500 Honestdoor can now list your home on Realtor.ca and the MLS®
Learn MoreBuy with Honestdoor in Cape Breton, NS
Receive up to 50% cashback on commission, on average our clients have received $9,200
Learn MoreSell for sale by owner with Honestdoor in Cape Breton, NS
For only $500, Honestdoor can list your home for sale by owner (FSBO) on REALTOR.ca and the MLS®, helping you reach more buyers and save on real estate commission fees.
Learn MoreAll neighbourhoods
Neighbourhoods in Cape Breton
Largest neighbourhoods
- Sydney
- Glace Bay
- New Waterford
- Membertou Ir 28B
- Sydney Mines
- North Sydney
- Dominion
- Westmount
- Sydney River
- Albert Bridge
- South Bar
- Florence
View all 108 neighbourhoods A–Z
A
B
C
D
E
F
G
H
I
J
L
M
N
P
R
S
T
U
V
W
Groves Point Cape Breton Real Estate Market Report
Discover the latest insights into the Groves Point real estate market with Honestdoor's detailed report. Whether you're buying, selling, or investing, staying informed about Groves Point's housing market trends is essential. Our report offers a concise overview of average property prices, growing trends, and recent transactions in this sought-after Cape Breton neighbourhood.
Average Property Prices and Market Trends
Get up-to-date information on average property prices in Groves Point, along with insights into market trends that show how this neighbourhood is evolving. Whether you're tracking price changes or looking for investment opportunities, Honestdoor's data helps you understand the dynamics of the Groves Point housing market.
Rental Estimates and Sold Prices per Square Foot
By integrating Big Data, machine learning, and predictive analytics, Honestdoor provides valuable information on average rental estimates and the sold price per square foot in Groves Point, offering a clear picture of the market's performance. This data is crucial for both homeowners and investors looking to maximize their returns.
Real Estate Listings in Groves Point
Explore current real estate listings in Groves Point to see what's available in this vibrant community. Whether you're looking for a new home or a solid investment, our listings give you access to the best properties on the market. Stay ahead in the Groves Point real estate market with our comprehensive report at Honestdoor, and make informed decisions in this thriving neighbourhood.