May Prices Up 11.4%, Sales Increase 4.3%

Here’s the latest update on the Fredericton and region real estate market for May 2025. Sales activity saw a positive increase, with 290 homes sold this May—up 4.3% compared to the same month last year. The average sale price continues to rise, reaching $399,161 in May, which is an 11.4% increase year-over-year. When it comes to listings, active listings in May stood at 631, down a bit by 1.3%, compared to the same month last year, which means the number of available homes went down a little bit. Choices for buyers narrowed down as new listings decreased more noticeably by 10.8% to 388.

However, January to May sales are slightly down by 0.4%, totaling 921. The average price for the first five months is $375,519, up 8.7%, and median price was close at $370,000, up 9.1%, reflecting steady growth in property values

From January to May, active listings increased by 8.7% to 517, which indicates more availability of houses for buyers. New listings reached same number at 1,406 compared to the same period last year, suggesting lack of growth in inventory for the year so far.

While the tight house inventory poses a competitive market for buyers, this is a promising time for sellers as demand keeps prices climbing.

For buyers, it’s important to be prepared to move quickly as fewer homes are coming to market. If you’re thinking about buying or selling in Fredericton, now is a great time for us to connect!