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The Fredericton and Region residential real estate market remained active in April 2026, with steady buyer demand, rising inventory, and continued price growth compared with recent years.
In April, 238 residential properties sold, down 4.4% from April 2025 and 11.2% from April 2024, but still 12.3% higher than April 2023. Total dollar volume reached $93.9 million, reflecting the strength of current home values in the region.
One of the biggest changes this month was the increase in available inventory. New listings rose to 391, up 6.8% from last year, while active listings increased to 677, up 13.0% year-over-year. This gives buyers more choice than they had a year ago, although inventory remains well below pre-pandemic levels.
The market continues to favour sellers overall. The sales-to-new-listings ratio was 60.9%, which generally indicates balanced-to-seller-leaning conditions. Homes also continued to sell quickly, with the median days on market at just 20 days.
Prices remain strong. The average sale price in April was $394,596, up 2.1% from April 2025 and 9.0% from April 2024. The median sale price was $395,000, up 1.9% year-over-year and 9.7% compared with April 2024. Sellers achieved an average sale-to-list price ratio of 99.7%, showing that well-priced homes are still selling very close to asking price.
Year-to-date, the region has recorded 608 sales, slightly down 2.1% from the same period last year. However, year-to-date dollar volume remains strong at $225.9 million, and the year-to-date average price is $371,540, up 0.6% from 2025 and 8.7% from 2024.
For sellers, this remains a favourable market, especially for homes that are priced correctly and presented well. While there is more competition than last year, demand remains healthy and homes are still moving in a reasonable timeframe.
For buyers, the increase in listings is welcome news. There are more options available than a year ago, but prices remain elevated and desirable properties can still sell quickly. Being prepared with financing and a clear strategy remains important.
Overall, the Fredericton and Region market continues to show resilience, with more inventory entering the market while prices remain stable to modestly higher.
Please reach out if you would like to discuss what these numbers mean for your specific neighbourhood, property type, or real estate plans.
