City of Moncton Leads the Province

Posted by Larry Estabrooks - Agent at 4/24/2008 12:25 PM and is filed under Moncton,Market Reports

I posted this on April 1, but it's worth repeating!

Now that the New Brunswick numbers are released for residential sales in the first quarter of 2008, the City of Moncton shines as the star of the Province.  The number of residential properties reported sold through the four major real estate boards in New Brunswick declined 15% from the first quarter of 2007.

But not in the City of Moncton where sales advanced 3.8% in the first quarter.
Now that's quite a spread. So start spreading the news Moncton.
 
(I've had a peek at the numbers for April thus far and I'm confident Moncton will do it again in April.)

Larry Estabrooks
"Your Local Expert"

Moncton

Month Average List Price Average Sale Price Sale to List Price Average List Duration Number Of Sales
MAR-2008 159883 154920 97% 89 days 100
FEB-2008 164353 158513 96% 107 days 90
JAN-2008 163545 157890 97% 85 days 55
Averages: 162347 156906 97 % 95 days 245
Month Average List Price Average Sale Price Sale to List Price Average List Duration Number Of Sales
MAR-2007 157529 152087 97% 91 days 90
FEB-2007 144120 139379 97% 86 days 84
JAN-2007 149969 144674 96% 87 days 62
Averages: 150770 145616 97 % 88 days 236

 

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