Happy summer! I hope it’s off to a fantastic start.
In June 2025, the Fredericton and region residential real estate market experienced a moderate decline in sales activity, with a total of 263 properties sold—representing a 4.7% decrease compared to the same month last year. Despite the dip in sales, the market saw notable price growth, as the average home price rose by 11.1% to $376,199. The number of active listings also edged up slightly by 0.8%, reaching 664 properties on the market.
On a year-to-date basis, overall sales totaled 1,190 units, down just 0.9% from the previous year. Meanwhile, the average year-to-date sale price climbed by 9.3% to $376,003, indicating continued strong demand and price appreciation in the region. The inventory of active listings also increased by 7.3% year-to-date, bringing the total to 543 listings, which suggests a slight improvement in supply conditions.
Although inventory is improving slightly, the pace of price growth and relatively limited supply point to conditions that still favor sellers.
If you’re curious about your property’s current market value or you’re planning to buy your first home, don’t hesitate to call or message me—I’d be happy to help you navigate the market.