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 […]
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, […]
Uncategorized @en-ca July sales up 2.3% The housing market in July showed positive momentum, with sales increasing by 2.3% compared to the same period last year, resulting in a total of 225 units sold. In July 2024, there were 319 new listings, marking a 16.4% increase from July 2023. The benchmark home price also saw a notable rise, up 8.4% to […]
Uncategorized @en-ca Home sales dip by 2.5% in June In June, the Fredericton region saw a total of 276 home sales, reflecting a 2.5% decline from the same month last year. During this period, new listings rose by 3.7%, compared with a year ago, reaching a total of 338. The average home price however, experienced a slight dip, decreasing by 1.0% to $334,512 compared […]
April house sales up 24.4% Here are the latest updates on the real estate market in the Fredericton area. House sales in April reached a total of 265, marking a significant 24.4 percent increase compared to April of last year. New listings also saw a substantial rise, with 346 recorded—an impressive 25.8 percent jump from the same month in 2023. […]
Uncategorized @en-ca Sales dive by 15.2% in March as inventory remains low I’m here with your latest real estate update. Sales took a dive by 15.2% this March compared to last year, painting a picture of a challenging market. Despite this drop, sellers still hold the upper hand due to persistently low inventory levels. March saw a decrease in new listings, with only 275 hitting the market, […]
Uncategorized @en-ca Fredericton home sales surge in February as average price dips slightly In February, home sales in the Fredericton region reached 132, marking a 16.8% increase from February last year. New listings during the same period surged by 10.2%, totaling 194. However, the average price dipped slightly to $314,758, down 1.4% compared to February 2023. Year-to-date figures or numbers for the first two months of 2024 reveal […]
Uncategorized @en-ca Year 2023 Witnesses Sharp Decline in Home Sales, Prices Show Modest Increase The year 2023 concluded with a notable decrease in home sales, totaling 2,211 units over the course of the year. This figure marks a significant downturn of 11.6% from the previous year, signaling a challenging market landscape. Despite the decrease in sales volume, the more comprehensive annual average price of homes showed a modest gain. […]
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Uncategorized @en-ca November sales up but year-to-date sales down 11.8% In November 2023, the Real Estate Board of the Fredericton Area Inc. reported a robust total of 161 homes sold through the MLS® System, marking a significant 14.2% increase from the same month in 2022. However, home sales fell below the five-year average by 9.4%, yet surpassed the 10-year average by 4.7% for the month […]
Newsletter 2023 October sales up 2.2%, but year-to-date sales down 13.4% In October 2023, the Real Estate Board of the Fredericton Area Inc. reported a total of 184 homes sold through the MLS® System, marking a modest 2.2% increase (four sales) from the same month in 2022. However, home sales fell below the five-year average by 12.8% and were 1.8% below the 10-year average for October. […]
Newsletter 2023 Fredericton home sales down nearly 20% year over year In September 2023, the Real Estate Board of the Fredericton Area reported a total of 171 homes sold through the MLS® System, marking a 19% decline compared to September 2022. These figures indicated that home sales were notably below both the five-year and ten-year averages for September, registering at 27% and 14% below, respectively. On […]
September 2023 Home sales down 7.5% in August, as inventory drops In a recent report, the Real Estate Board of the Fredericton Area Inc. has revealed a snapshot of the housing market’s performance for August 2023, shedding light on the notable trends and challenges facing the region. During August 2023, a total of 222 homes changed hands, as recorded by the MLS® System. This figure reflects […]
August 2023 Fredericton Real Estate Sees 6.8% Rise in July Sales Amidst Year-to-Date Decline The Fredericton real estate arena witnessed a substantial surge in home sales during the month of July 2023, as reported by the Real Estate Board of the Fredericton Area. The tally of units sold reached an impressive 219, signifying a noteworthy uptick of 6.8% when contrasted with the same period in the preceding year, July […]
Uncategorized @en-ca Home sales drop by 7.7% in June Home sales in the Fredericton area experienced a moderate decline in June 2023, according to the Real Estate Board of the Fredericton Area Inc. A total of 286 units were sold during the month, reflecting a 7.7% decrease compared to June 2022. This figure also fell 9.1% below the five-year average and 1.5% below the […]
June Newsletter May 2023 Witnessed a Decline in Home Sales in Fredericton Area The Real Estate Board of the Fredericton Area Inc. has reported a decline in the number of homes sold through its MLS ® System in May 2023. A total of 268 units were sold, reflecting an 11.6% decrease compared to May 2022. The figures for home sales in May were also below the average of […]
April 2023 Sales drop as home supply remains low The number of homes sold in the Fredericton Area Inc. totaled 208 units in April 2023. This was a decrease of 28% from April 2022, according to the Real Estate Board of the Fredericton Area.  On a year-to-date basis, home sales totaled 599 units over the first four months of the year. This was down […]
March 2023 Sales down 30.5 per cent in March as supply remains low It was a quiet end for the first quarter of 2023, as home sales dropped 30.5 per cent in March compared to a year ago, according to the Real Estate Board of the Fredericton Area. On a year-to-date basis, home sales also fell 24.8 per cent compared to the same period in 2022. A total […]
February Newsletter Home sales down 23.8% The number of homes sold through the MLS ® System of the Real Estate Board of the Fredericton Area Inc. totaled 115 units in February 2023, decreasing 23.8% from February 2022. Home sales were 17.9% below the five-year average and 10.2% below the 10-year average for the month of February. On a year-to-date basis, home […]
February Newsletter January 2023 stats are here!  The real estate market has been wild in the last three years. But has the market shifted? We are just in the second month of 2023, and so far, statistics show at the end of January that the market balance was still in the sellers’ market territory. Home sales were down by 13.3% in January. […]
January 2023 2022 in Review: Sales Down, Prices Up