Welcome to your monthly update on the Fredericton and Region real estate market! In January 2025, a total of 105 homes were sold, reflecting an 18% increase from January 2024. The market for new listings saw 178 properties added, representing a 21.1% rise compared to the previous year.
The average home price in January 2025 was $348,198, marking an 11.7% increase from January 2024. Meanwhile, the total dollar volume for the month reached $36,560,756, which represents a 31.8% increase from the same period last year.
What this means for buyers and sellers. For buyers, the increase in new listings provides more options, but rising prices may require careful budgeting. For sellers, the higher average prices and strong dollar volume indicate a solid market, making this an opportune time to sell.
In addition to keeping in touch with my e-newsletters, I also keep a close watch on the local real estate scene, so when you have questions, need advice, or are looking for opportunities, I’m ready to be there for you.
So, if you, or a friend, colleague, family member, or neighbour have any real estate-related questions or concerns, or need a contractor recommendation, I hope you will think of me.