🏡 Fredericton Market Update: Listings Up 6.2% — More Choices for Buyers!

Whether you’re planning a move soon, thinking about it down the road, or just like to stay informed, this month’s topic is for you.

🏡 Here’s your May 2026 real estate market update for Fredericton and the surrounding region.

The local market remains active, but we are seeing more balance than in recent years. In May, there were 270 residential sales, down 8.8% compared to May 2025. While sales eased slightly, inventory continued to improve, giving buyers more options than they had last year.

📈 New listings rose to 410 in May, up 6.2% from the same time last year. Active listings reached 748, which is a 15.3% increase compared to May 2025. This increase in available homes is helping create a healthier market pace, although well-priced properties are still moving steadily.

💰 The average sale price in May was $397,526, down just 0.8% from last year, while the median sale price was $393,500, up 1.3%. This tells us that prices remain relatively stable, even as more listings come onto the market.

⏱️ Homes sold for an average of 99.4% of their list price in May, and the median time on market was 20 days. That means sellers are still achieving strong results when their homes are priced appropriately, but buyers may have a bit more room to make informed decisions compared to the peak market conditions of previous years.

📊 Year-to-date, the Fredericton and Region market has recorded 880 sales, down 4.0% from the same period in 2025. New listings are up 6.8%, and the average year-to-date price is $379,136, essentially unchanged from last year.

✨ What this means for you:

🔑 For sellers: The market is still strong, but pricing and presentation matter more than ever. With more homes available, buyers are comparing options carefully.

🏠 For buyers: Increased inventory may offer more choice and slightly less pressure, but desirable homes are still selling in a timely manner.

📍 For homeowners: Property values remain strong overall, with prices holding steady compared to last year and still significantly higher than pre-pandemic levels.

Whether you’re thinking about buying, selling, or simply curious about what your home may be worth in today’s market, I’d be happy to help.

And if you’re not planning to make a move anytime soon but know someone who is, I’d truly appreciate the referral. Feel free to reach out anytime.