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July 2025 Fredericton Market Update: 32% More Sales, 10% Fewer Listings
Someone once said, “Summer should get a speeding ticket,” and that doesn’t feel truer than in August. So, I hope you can slow summer down just a little this month and enjoy it before getting back into a busy routine.
When you have a moment to relax, take a peek at this month’s e-newsletter, which features your monthly update on the Fredericton area’s residential real estate market for July 2025, along with some insight into the year-to-date trends.
In July, a total of 297 homes were sold, which marks a 32.0% increase compared to the same month last year. New listings were also up slightly at 330 units, a 1.2% rise year-over-year. However, active listings declined by 10.5%, leaving just 636 homes on the market — a clear sign of tightening inventory.
The average sale price in July was $354,591, reflecting a 2.0% increase, while the median number of days on market was 24 days, up from 21 days last year.
Looking at the year-to-date figures (January through July 2025), we’ve seen 1,491 homes sold, which is a 4.6% increase over the same period last year. There were 2,111 new listings, up 1.6%, and the average sale price climbed to $371,611, representing a strong 7.9% year-over-year increase. Homes are continuing to sell quickly, with the median days on market now at 22, slightly faster than 19.5 days last year.
What does all this mean? Simply put, buyer demand remains strong while the number of homes for sale continues to tighten. This combination is pushing prices upward and keeping the market competitive. While homes are still moving relatively fast, we are seeing a slight increase in how long they remain on the market compared to last year, particularly in the month of July.
As we head into late summer and early fall, we expect the market to remain active, with continued price growth driven by limited inventory.
Wishing you an enjoyable rest of your summer. If you have any questions about the market or are considering buying or selling a home, I’d be happy to provide a personalized analysis or help you plan your next steps.
Fredericton Housing Market: June Sales Down 4.7%, Prices Up 11.1% in Seller’s Market
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.
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!
Market Shifts: 11.4% More Listings, 7.1% Higher Prices in Fredericton Real Estate
I wanted to share a quick update on the Fredericton real estate market as we move through the spring season. In April, we saw 247 homes sold, which represents a 9.2% decrease compared to last year, while new listings rose to 369—up 5.7%. The average sale price increased to $381,354, marking a solid 6.3% year-over-year gain.
Looking at the year-to-date numbers, 628 homes have sold so far in 2025, down 2.9%, but new listings have reached 1,019, an increase of 4.9%. Active listings are also on the rise, now at 485, up 11.4%. Prices remain strong with the average sale price sitting at $364,161—a 7.1% jump from the same time last year. Overall dollar volume is up 4.0%, totaling just $228,693,105.
These trends suggest a balanced and active market. Buyers are seeing more choices as inventory builds, and sellers continue to benefit from rising prices. If you’re thinking of making a move or just want to understand what these numbers mean for you, I’d be happy to chat.
March Power Play: 4.4% Price Jump Puts Sellers in the Driver’s Seat
As spring blooms, it’s the perfect time to think about fresh starts—whether it’s a new garden, a home renovation, or finding your dream property. The market is warming up just like the weather, and I’d love to help you take advantage of it.
In March 2025, the Fredericton area real estate market continued to show steady growth and a healthy pace of activity. A total of 156 homes were sold during the month, up slightly by 1.3% compared to March 2024. New listings also saw an increase, reaching 300—an improvement of 9.5% year-over-year, giving buyers a bit more choice in the market. The average sale price rose to $358,274, a 4.4% increase from the previous year, reflecting ongoing demand and strong property values.
Looking at the year-to-date numbers, there have been 380 sales so far in 2025, up 1.3% from the same period last year. New listings totalled 649, a 4.3% increase, while the average price climbed to $353,779—up a notable 8.5%. The total dollar volume of sales reached $134,435,969, marking a healthy 9.9% gain year-over-year.
Overall, the market remains balanced but is leaning in favour of sellers. Inventory levels are still relatively low compared to demand, which means well-priced homes are moving quickly and often receiving strong offers. It’s a great time for sellers to take advantage of market conditions, while buyers may want to act decisively when the right opportunity arises.
If you’re thinking about buying, selling, or just curious about your home’s value, I’d be happy to help you navigate your next step.
February 2025 Housing Market Update: Sales Dip, Prices Surge
In February 2025, there were 118 sales, reflecting a decline of 10.6% compared to the previous year. The number of new listings also saw a decrease, with 171 properties listed, marking a 14.9% drop. Despite the reduced sales activity, the average price of homes rose to $352,588, representing an 11.6% increase compared to February 2024.
Year-to-date statistics show a total of 224 sales, a modest increase of 1.4% compared to the same period in 2024. New listings reached 349, reflecting a slight 0.3% increase. The average price for the year-to-date period stood at $349,403, up 11.2%, while the total dollar volume reached $78,266,172, marking a 12.7% growth.
Despite a dip in sales and new listings, home prices continue to climb, reflecting a strong market. As we move further into 2025, we’ll keep you updated on key trends and opportunities. If you have any questions or need expert guidance, feel free to reach out. Stay tuned for next month’s update!
Fredericton home sales surge 18% in January
Welcome to your monthly update on the Fredericton and Region real estate market! In January 2025, a total of 105 homes were sold, reflecting an 18% increase from January 2024. The market for new listings saw 178 properties added, representing a 21.1% rise compared to the previous year.
The average home price in January 2025 was $348,198, marking an 11.7% increase from January 2024. Meanwhile, the total dollar volume for the month reached $36,560,756, which represents a 31.8% increase from the same period last year.
What this means for buyers and sellers. For buyers, the increase in new listings provides more options, but rising prices may require careful budgeting. For sellers, the higher average prices and strong dollar volume indicate a solid market, making this an opportune time to sell.
In addition to keeping in touch with my e-newsletters, I also keep a close watch on the local real estate scene, so when you have questions, need advice, or are looking for opportunities, I’m ready to be there for you.
So, if you, or a friend, colleague, family member, or neighbour have any real estate-related questions or concerns, or need a contractor recommendation, I hope you will think of me.
Looking back at 2024
Looking back at 2024, a total of 2,330 homes were sold, up by 4.6% from 2023.
For December alone, the number of homes sold totaled 109 units, a gain of 13.5% from December 2023. This was a sales record for the month of December – which was 32.7% below the three-year activity and 25.3% above the 10-year activity for the month.
The prices of homes have gone up too. The year-to-date average price was $338,713, up by 7.5% from 2023. Just for the month of December, the average price of homes sold was $324,960, a gain of 17.3% from December 2023.
The year 2024 continued to be a seller’s market due to low house inventory. There were 365 active house listings at the end of December, which 7.4% higher compared to the inventory at the end of December 2023.
Houses have been selling fast, with months of inventory at 3.3 at the end of December 2023, down from the 3.5 months recorded at the end of December 2023.
If you have questions regarding your property or the market, please reach out to me. I’ll be happy to provide you with the latest real estate-related information, such as what buyers are looking for, how to increase your home’s value, or the current market value of your property.
September Sales Up 12.2%
In September, a total of 193 homes were sold in Fredericton and the surrounding region through the MLS® System, showing a 12.2% rise from the same month in 2023, as reported by the Canadian Real Estate Association.
The average home price in September reached $343,997, representing a 15.4% increase compared to September 2023.
For the first nine months of 2024, home sales in the Fredericton area totaled 1,848, reflecting a 3.3% uptick from the same period in 2023. The average sale price during this time was $342,324, up 6.6% year-over-year.
Home sales rise 2.2% in August
A recent report from the Real Estate Board of the Fredericton Area Inc. offers a detailed overview of the housing market’s performance in August 2024, highlighting key trends within the region.
In August 2024, a total of 230 homes were sold through the MLS® System, reflecting a 2.2% increase over the same period last year, signaling relatively stable market activity.
The report also noted a 2.5% decrease in new listings compared to the previous year, with 274 properties coming to market. The average home price, however, saw a modest increase of 3.5%, rising to $328,669 compared to August 2023.
Year-to-date data for the first eight months of 2024 indicates a 2.4% rise in total home sales, totaling 1,656 transactions. Total listings increased by 7.4%, reaching 2,349. Meanwhile, the average home price experienced a more substantial increase, climbing 5.8% year-over-year to $342,289.
Additionally, the total dollar volume for August 2024 reached an impressive $566,830,008, marking an 8.3% increase compared to the same month in 2023, setting a new record for August in terms of dollar value.
