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August 2007 New Brunswick Market Report

By
Real Estate Agent with Independent Real Estate Agent FCNB LICENCE # 190089546

2007 year to end of August residential MLS® sales are higher in four of New Brunswick's real estate boards. *

<> The Moncton area continues to hold the distinction of the largest real estate market in New Brunswick.

<> The Moncton area average sale price this year is lower than the Fredericton area and the Saint John area.

<> The Fredericton area continues to hold the distinction of the highest average sale price in New Brunswick.

<> The Saint John area has the greatest increase in unit sales over last year.

<> The Northern board has the greatest increase in average sale price.

    Units sold year to date   Average sale price
    2007 2006 2005   2007 2006 2005
Fredericton   1,835 1,556 1,554   143,594 138,551 130,931
Moncton   2,048 1,825 1,654   140,955 129,658 123,681
Northern   401 365 341   88,088 72,102 67,055
Saint John   1,600 1,240 1,164   141,116 127,004 118,382
               

(I caution that average price information can be useful in establishing trends over time, but does not indicate actual prices in centres comprised of widely divergent neighborhoods or account for price differential between geographic areas. Statistical information contained in this report includes all housing types.)
*Valley board figures are not available

I'm a licensed independent real estate agent located in Moncton, New Brunswick, Canada.
Contact me anytime about real estate in New Brunswick.

My personal home page - www.LarryEstabrooks.com