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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 […]
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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. […]
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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, […]
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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 […]
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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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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 […]
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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. […]
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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 […]
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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 […]
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