Southeast New Brunswick Real Estate Market Report - August 2007
August residential unit sales slow to a modest increase of 8% over August 2006.
- The area covered by the Greater Moncton Real Estate Board continues to be the most active real estate market in New Brunswick.
- In the overall area year to date, residential unit sales are up 12% over 2006 with Moncton and Dieppe leading the way at 23% and 21% respectively.
- Moncton and Dieppe account for 37% of all residential unit sales year to date in the area.
- Active residential listings at the end of August 2007 were identical to August of 2006.
|
$ Value of Units sold |
# Units Sold |
Average sale price $ |
||||
| Month | 2007 | 2006 | 2007 | 2006 | 2007 | 2006 |
| August | 38,414,243 | 34,191,546 | 274 | 253 | 140,197 | 135,144 |
| July | 42,993,468 | 31,448,713 | 293 | 240 | 146,735 | 131,036 |
| June | 46,235,437 | 33,416,104 | 325 | 262 | 142,262 | 127,542 |
| May | 46,330,505 | 44,694,591 | 327 | 348 | 141, 683 | 128,432 |
| April | 32,259,581 | 28,505,176 | 237 | 213 | 136,116 | 133,357 |
| March | 30,566,553 | 27,117,105 | 228 | 208 | 134,063 | 130,370 |
| February | 28,961,325 | 22,799,388 | 215 | 181 | 134,703 | 125,963 |
| January | 22,122,247 | 14,619,400 | 145 | 119 | 152,576 | 122,852 |
| YTD | 287,883,359 | 236,792,023 | 2,044 | 1,824 | 140,843 | 129,820 |
(I caution that average price information can be useful in establishing trends over time, but does not indicate actual prices in cities and towns comprised of widely divergent neighborhoods or account for price differential between geographic areas. Statistical information contained in this report includes all residential housing types.)
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Larry Estabrooks is an independent real estate agent in Moncton, New Brunswick, Canada
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www.MonctonCity.info - If you don't know Moncton, discover it here.
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