Monthly Newsletter May 26, 2025

Market Shifts: 11.4% More Listings, 7.1% Higher Prices in Fredericton Real Estate

I wanted to share a quick update on the Fredericton real estate market as we move through the spring season. In April, we saw 247 homes sold, which represents a 9.2% decrease compared to last year, while new listings rose to 369—up 5.7%. The average sale price increased to $381,354, marking a solid 6.3% year-over-year gain.

Looking at the year-to-date numbers, 628 homes have sold so far in 2025, down 2.9%, but new listings have reached 1,019, an increase of 4.9%. Active listings are also on the rise, now at 485, up 11.4%. Prices remain strong with the average sale price sitting at $364,161—a 7.1% jump from the same time last year. Overall dollar volume is up 4.0%, totaling just $228,693,105.

These trends suggest a balanced and active market. Buyers are seeing more choices as inventory builds, and sellers continue to benefit from rising prices. If you’re thinking of making a move or just want to understand what these numbers mean for you, I’d be happy to chat.

Monthly Newsletter May 26, 2025

March Power Play: 4.4% Price Jump Puts Sellers in the Driver’s Seat

As spring blooms, it’s the perfect time to think about fresh starts—whether it’s a new garden, a home renovation, or finding your dream property. The market is warming up just like the weather, and I’d love to help you take advantage of it.

In March 2025, the Fredericton area real estate market continued to show steady growth and a healthy pace of activity. A total of 156 homes were sold during the month, up slightly by 1.3% compared to March 2024. New listings also saw an increase, reaching 300—an improvement of 9.5% year-over-year, giving buyers a bit more choice in the market. The average sale price rose to $358,274, a 4.4% increase from the previous year, reflecting ongoing demand and strong property values.

Looking at the year-to-date numbers, there have been 380 sales so far in 2025, up 1.3% from the same period last year. New listings totalled 649, a 4.3% increase, while the average price climbed to $353,779—up a notable 8.5%. The total dollar volume of sales reached $134,435,969, marking a healthy 9.9% gain year-over-year.

Overall, the market remains balanced but is leaning in favour of sellers. Inventory levels are still relatively low compared to demand, which means well-priced homes are moving quickly and often receiving strong offers. It’s a great time for sellers to take advantage of market conditions, while buyers may want to act decisively when the right opportunity arises.

If you’re thinking about buying, selling, or just curious about your home’s value, I’d be happy to help you navigate your next step.

Monthly Newsletter May 26, 2025

February 2025 Housing Market Update: Sales Dip, Prices Surge

In February 2025, there were 118 sales, reflecting a decline of 10.6% compared to the previous year. The number of new listings also saw a decrease, with 171 properties listed, marking a 14.9% drop. Despite the reduced sales activity, the average price of homes rose to $352,588, representing an 11.6% increase compared to February 2024.

Year-to-date statistics show a total of 224 sales, a modest increase of 1.4% compared to the same period in 2024. New listings reached 349, reflecting a slight 0.3% increase. The average price for the year-to-date period stood at $349,403, up 11.2%, while the total dollar volume reached $78,266,172, marking a 12.7% growth.

Despite a dip in sales and new listings, home prices continue to climb, reflecting a strong market. As we move further into 2025, we’ll keep you updated on key trends and opportunities. If you have any questions or need expert guidance, feel free to reach out. Stay tuned for next month’s update!