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Spring has arrived, bringing colourful new blooms and a welcome sense of renewal. It is also a season of fresh starts. Since spring is typically peak homebuying season, you may have spent the winter reflecting on whether your current home is still the right fit for your household and lifestyle.
Here is your March 2026 Fredericton and Region MLS® residential market update.
The market stayed relatively steady in March, with 153 homes sold, up 0.7% compared to March 2025. New listings climbed to 329 (+10.4%), while active listings reached 591 (+10.1%), giving buyers more choice than they had this time last year. Months of inventory rose to 3.9, compared to 3.5 in March 2025.
Prices were generally stable. The average sale price was $362,934, down 0.3% year over year, while the median price came in at $369,900, down 0.5%. Homes sold for 99.4% of list price on average, and the median days on market was 22.
Looking at the year-to-date picture, 370 homes have sold through March, just 0.5% lower than the same period last year. Dollar volume sits at $131,557,780, while new listings are up 7.3% to 689 and active listings are up 7.0% to 497. The year-to-date average price is $355,562 (-0.7%), and the median price is $348,950 (+3.9%). Months of inventory is currently 4.0, and the median days on market is 26.
What does this mean for the market? Sellers are still benefiting from strong pricing conditions, with sale-to-list price ratios remaining high. At the same time, buyers are seeing a gradual increase in available inventory and new listings, which is creating a more balanced environment than we’ve seen in recent years.
Whether you’re thinking about buying, selling, or simply want to better understand what these numbers mean for your neighbourhood, I’d be happy to help.
