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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 […]
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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 […]
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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. […]
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Home sales continue to decline in November
The housing market has cooled off in November with sales down by 36.8% compared to the same period last year. There was a total of 144 units sold in November compared to the 228 units sold in November 2021. There were only 184 new listings added in November 2022, down 6.6% compared to the 197 […]
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Home sales down 24% in October
Home sales continue to wane in October. A total of 177 houses were sold – a 24% decline compared to the same month last year. Home sales were 16.3% below the five-year average and 2.9% below the 10-year average for the month of October. On a year-to-date basis, home sales also dipped. A total of […]
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September home sales dropped but it’s still a sellers’ market
The number of houses sold in the Fredericton area was down 35.9% in September 2022. This was a significant decline from September 2021, yet it was still one of the top three totals for the month of September in history. The number of new listings fell 12.2% from September 2021. There were 244 new residential listings in […]
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August home sales down 9.8%
Home sales numbered 240 units in August 2022, down 9.8% compared to 266 units in August 2021. There were 316 new listings added in August 2022, down 4% compared to the 329 listings added in the same month last year. The benchmark price was $297,000 in August 2022, up 21.1% from $245,300 in August 2021. […]
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Average home price up but home sales down 26% from July last year
The number of homes sold in Fredericton Area Inc. in July 2022 totaled 206 units, down by 26.4% from July 2021. On a year-to-date basis, home sales totaled 1,632 units over the first seven months of the year. This was a notable decrease of 18.5% from the same period in 2021. The benchmark price for […]
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