Moncton Real Estate Market - June 2008

I've prepared the table below to show residential sales in the City of Moncton reported through the Moncton Real Estate Board Multiple Listing Service® .

These statistics point to a Moncton market that so far is almost identical to last year except for the increase in the Average Sale price.

These figures include both existing and new construction.

In the City of Moncton there are currently 429 detached, 99 semi-detached and 79 condominium properties listed for sale on MLS® .

Larry Estabrooks, Independent Agent
"Your Local Expert"
www.larryestabrooks.com

If you would like to discuss the local real estate market please call me at 506-856-0202. Buy or Sell with confidence in my professional expertise.

MONTHLY SALES REPORT  ( Results for this 6 month period have been rounded to the nearest dollar and percentage )
Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	# of Sales
JUN-2008	161065	157016	97%	81 days	129
MAY-2008	154785	150014	97%	74 days	143
APR-2008	162331	157398	97%	88 days	102
MAR-2008	158821	154005	97%	89 days	99
FEB-2008	165019	159114	96%	102 days	89
JAN-2008	163545	157890	97%	85 days	55
Averages:	160250	155354	97 %	85 days	617

Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	# of Sales
JUN-2007	161931	157729	97%	87 days	138
MAY-2007	158345	153730	97%	86 days	133
APR-2007	150588	146373	97%	74 days	100
MAR-2007	157529	152087	97%	91 days	90
FEB-2007	144171	139455	97%	87 days	83
JAN-2007	149969	144674	96%	87 days	62
Averages:	154962	150301	97 %	85 days	606

(I caution that average price information can be useful in establishing trends, but does not indicate home prices in Moncton which is comprised of widely divergent neighbourhoods.)