Fredericton Real Estate Continues Its Wild Ride in March 2021

The number of homes sold in March 2021 in the Fredericton area went up 75.4% compared to the same period last year, according to the Real Estate Board of the Fredericton Area.

A total of 314 homes changed hands – a new sales record for the month of March.

On a year-to-date basis, home sales totaled a record 634 units over the first three months of the year. This was a gain of 43.1% from the same period in 2020. The average price of homes sold in March 2021 was a record $282,068, advancing 36.3% from March 2020.

Below is my YouTube video on the market update for March as well as some information about the migration of people from Ontario to Fredericton last year.

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