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January 2023 • Newsletter 2023 • Newsletter 2023 • Newsletter 2023 • January 31, 2023

2022 in Review: Sales Down, Prices Up

by Josie Livingstone

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Uncategorized @en-ca Fredericton home sales surge in February as average price dips slightly In February, home sales in the Fredericton region reached 132, marking a 16.8% increase from February last year. New listings during the same period surged by 10.2%, totaling 194. However, the average price dipped slightly to $314,758, down 1.4% compared to February 2023. Year-to-date figures or numbers for the first two months of 2024 reveal […]
Year 2023 Witnesses Sharp Decline in Home Sales, Prices Show Modest Increase The year 2023 concluded with a notable decrease in home sales, totaling 2,211 units over the course of the year. This figure marks a significant downturn of 11.6% from the previous year, signaling a challenging market landscape. Despite the decrease in sales volume, the more comprehensive annual average price of homes showed a modest gain. […]
November sales up but year-to-date sales down 11.8% In November 2023, the Real Estate Board of the Fredericton Area Inc. reported a robust total of 161 homes sold through the MLS® System, marking a significant 14.2% increase from the same month in 2022. However, home sales fell below the five-year average by 9.4%, yet surpassed the 10-year average by 4.7% for the month […]
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