metro moncton real estate market report: Metro Moncton Detached Sales Year-to-date
- 09/05/19 08:33 AM
Single family detached homes make up the majority of residential sales in the "metro Moncton" area (City of Moncton - City of Dieppe - Town of Riverview).
Sale numbers of single family detached houses set new monthly records in the Spring/Summer of 2019. This occurred in spite of a historically low inventory of single family detached listings. And prices remain remarkably reasonable.
With interest rates for residential mortgages holding steady, the affordability of housing in the metro area is outstanding. Now is a good time for renters to consider moving into home ownership. It can't hurt to shop the market this fall before winter sets in.
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metro moncton real estate market report: Metro Moncton Housing Prices Last Year
- 01/10/18 05:27 AM
Single Family Detached Dwellings
sold in 2017 are visually represented in my pie chart below. Almost one half of all detached dwellings reported sold last year fell in the 100 to 200 thousand price range within the metro Moncton area. ("metro" is within the adjoining municipalities of Dieppe, Moncton and Riverview)
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metro moncton real estate market report: Metro Moncton Real Estate Market Review
- 01/03/18 06:47 AM
Looking back on 2017
the number of detached sales reported rose slightly in 2017. The increased sales activity slightly advanced the average sale price. With an ample supply of listings, it's still a buyer's market.
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metro moncton real estate market report: Moncton - Dieppe - Riverview - 2014 First 1/2 - Housing Sales Down
- 07/07/14 10:31 AM
The first half of the 2014 real estate market stats reveal that the number of residential units reported sold is down. Sales of new construction units were very soft in the first half of 2014.
As we begin the second half of the year the number of active listings is at a record high level. Our local real estate market definitely favours buyers over sellers.
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metro moncton real estate market report: 2014 Metro Moncton Real Estate Market Below Average Year-to-date
- 02/28/14 09:53 PM
Residential sales reported in the "metro" Moncton area - the City of Moncton, the City of Dieppe and the Town of Riverview
My graph above illustrates the year-to-date end of February for the last 10 years. 2014 is off to the slowest start in the last 10 years 23 reported sales of new dwellings is well below the 10 year average of 48 130 reported sales of existing dewllings is also below the 10 year average of 148
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metro moncton real estate market report: Disappointing Metro Moncton Real Estate Market in 4th Quarter 2013
- 01/03/14 10:49 PM
Disappointing is the word that best describes the fourth quarter sales activity in the urban areas of Moncton, Dieppe and Riverview. While the number of existing properties reported as sold was not far off the 10 year average, new housing sales were notably lower in the 4th quarter of 2013.
In the next few months I suggest that buyers considering a purchase of a newly constructed residence should be able to negotiate to their advantage. Homebuilders are motivated to move inventory. Just make sure you are using the services of a buyer's agent.
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metro moncton real estate market report: Metro Moncton Residential Unit Sales Declining
- 03/01/13 11:47 PM
Moncton, Dieppe and Riverview are the three adjoining municipalities often referred to as Metro Moncton. While year-to-date residential sales reported in Moncton equalled last year, unit sales in Dieppe and Riverview declined. 2013 begins the third year of declining residential unit sales since the rebound in 2010.
Worth commenting about these numbers is the decline in the number of sales overall was found to be in the number of new housing units sold. Existing housing unit sales were relatively unchanged from the same period in 2012.
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metro moncton real estate market report: Moncton - Dieppe - Riverview - Most Popular Housing Sales in 2012
- 01/03/13 12:26 AM
In 2012, the most popular types of housing reported sold on the Moncton MLS® System, in the three "metro" municipalities were: semi-detached dwelling at 22% of all sales, single detached bungalows at 21% units sold and two storey detached dwellings at 21%.
The next most popular style was the detached raised ranch or split-entry style at about one in ten of all units sold. Duplexes, triplexes and fourplexes accounted for just over 10% of properties sold. Condo type includes apartment and row housing condominiums. The smallest market segment was the freehold townhouse style at just under 2%.
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metro moncton real estate market report: Residential MLS® sales in metro Moncton 2009-2012
- 01/01/13 05:23 AM
Residential sales reported on MLS® for the City of Moncton, the City of Dieppe and the Town of Riverview (metro) were lower in 2012 compared to the three previous years. Most of the 2012 decrease occurred in the past six months. The 1,462 residential unit sales reported in 2012 were well below the average for the previous three years - 1,573.
Notably, Moncton's share of the shrinking pie increased marginally over this period.As of today the number of active residential listings on Moncton MLS® System are as follows:
618 - Moncton 228 - Dieppe 142 - Riverview List prices for a single detached residential dwelling range from $55,000 to $1,400,000.
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metro moncton real estate market report: Another Moncton Real Estate Market Graph?
- 12/03/12 02:55 AM
What can I say. I enjoy statistics. I also enjoy preparing graphs to illustrate the stats. So I'm doubling up this December with two graphs to illustrate the local real estate market.
This post focuses on the "metro" Moncton real estate market. I use "metro" to identify the three adjoining municipalities that make up our local urban area. They are the City of Moncton, the City of Dieppe and the Town of Riverview. Each has its own mayor and council. Outside of these municipal boundaries is a rural band without municipal services. Farther out there are some towns and villages, but not what you would … (2 comments)
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metro moncton real estate market report: Home Sales Report - Metro Moncton NB for October 2012
- 11/17/12 04:09 AM
Home Sales Report - Metro Moncton NB for October 2012
Real estate market data for Moncton - Dieppe - Riverview, NB researched by Larry Estabrooks - Licensed Independent Real Estate Agent
Metro Moncton Home Sales
Outstanding is the best word to describe the level of residential sales reported last month in the metro Moncton area. Sales of existing properties were stronger than sales of new housing. I suggest this trend favours those in the market for new construction as builders could be anxious to sell some inventory as we enter the heating season. Savvy new home buyers will seek a seasoned buyer's agent to help … (0 comments)
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metro moncton real estate market report: SEPT 2012 Metro Moncton Real Estate Report
- 10/10/12 06:00 AM
Attention renters! Conditions in the metro Moncton real estate market continue to favour Buyers. And if you are considering moving to a new construction, I suggest that this fall is a good time to shop around. New housing sales have been quiet and some builders may not want to carry inventory over the winter months. And of course I'm more than happy to advise and represent Buyer clients.
More graphs here ...
Cheers!
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metro moncton real estate market report: Midway point in the 2012 metro Moncton real estate market
- 07/11/12 09:22 AM
We've now reached the midway point in 2012 and the Moncton area housing story is:
Year to date sales of new housing units are down in Moncton - Dieppe - Riverview. And unit sales of existing residential properties are basically unchanged from the last two years. I've prepared the graph below to show the trend visually.
However the sky is not falling. The 2011 census numbers reveal a 9.7% population growth in the Moncton Census Metropolitan Area over 2006. New housing starts sop far in 2012 are strong, led by construction of numerous multi unit buildings.
The metro Moncton real estate market continues to favour the Buyers. And I suggest to … (0 comments)
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metro moncton real estate market report: 2012-June-1 Larry's Metro Moncton Real Estate Market Report
- 06/02/12 03:19 AM
Unit sales for May 2012 have been reported and the numbers reveal this. In the metro area - City of Moncton, City of Dieppe, and Town of Riverview - year-to-date unit sales of existing housing are flat and unit sales of new housing are down.
As we enter the last three weeks fo the Spring real estate market there is a slightly elevated supply of listings and a slightly lower number of sales.
Sellers take note: In my opinion this indicates the metro real estate market is tilted slightly in favour of Buyers. So competitive pricing is very important. Or be prepared to negotiate.
Buyers take note: The Canadian magazine MoneySense just … (0 comments)
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metro moncton real estate market report: 2012 Q1 Metro Moncton Real Estate Market Report
- 04/01/12 02:50 AM
The mild winter locally and low interests rates nationally made no difference in housing markey activity. First quarter residential unit sales reported on MLS® for the municipalities of Moncton, Dieppe and Riverview were the lowest in three years. Although posted today, April 1, this is no April Fools joke.
My chart below reveals the second lowest first quarter in the last six years. Unit sales were off for new and well as existing dwellings in metro Moncton. As the Spring building season begins, I expect builders are anxious to move their new house inventory carried over from last season.
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metro moncton real estate market report: 2011 Second Quarter Metro Moncton Market Report
- 07/06/11 12:11 PM
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metro moncton real estate market report: 2011 Q1 Metro Moncton Market Report
- 04/06/11 11:59 AM
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metro moncton real estate market report: Revealing Metro Moncton Real Estate Market Report
- 07/31/10 04:28 PM
My Metro Moncton Residential Market Report includes the cities of Moncton and Dieppe as well as the Town of Riverview.
I've prepared the graph below to illustrate that metro units sales in the last 90 days of 2010 have been the lowest of the last four years. The average days on market of these sales is running at over 100 days, a record high for the period.
If you would like to discuss these metro Moncton real estate market statistics or any other real estate topic, feel free to call me at 506.856.0202
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metro moncton real estate market report: Metro Moncton Real Estate Market Report Ending May 2010
- 06/02/10 01:49 PM
My Metro Moncton Market Report Ending May 2010 includes Moncton, Dieppe & Riverview. If you would like to discuss these metro Moncton real estate market statistics, call me at 506.856.0202 Find me on the web at www.LarryEstabrooks.com
I'm an independent real estate agent, licensed in New Brunswick, residing in Moncton.
I can represent you in achieving your real estate goals.
EXISTING ONLY
Unit sales reported in May of existing residential properties were the lowest in the last five years.
Year-to-date unit sales are the second lowest in the 5 year period.
The average number of days on market is high.
The … (1 comments)
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metro moncton real estate market report: My Metro Moncton Market Report for January 2009
- 01/30/09 11:55 AM
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Single family detached homes make up the majority of residential sales in the "metro Moncton" area (City of Moncton - City of Dieppe - Town of Riverview).
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