My Metro Moncton Market Report for February 2010 includes Moncton, Dieppe & Riverview.

Below sales of existing residential and new construction are separated and I'm including a three month average to reduce fluctuations caused inconsistent reporting of sales as they occur. If you are unrepresented by a real estate licensee and are considering a residential housing purchase, why not call me to discuss your buying strategy? No obligation.  I'm an independent real estate agent, licensed in New Brunswick, residing in Moncton.

Find me on the web at www.LarryEstabrooks.com

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EXISTING ONLY

Unit sales of existing residential properties are up from last year.
The sale to list price ratio is up slightly.
And the average sale price is up by 5%.

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2010	182144	175786	97%	88 days	95
JAN-2010	170411	160205	94%	101 days	61
DEC-2009	169094	162580	96%	92 days	77
3 months	174760	167342	96 %	93 days	233

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2009	160484	153792	96%	81 days	79
JAN-2009	166618	158138	95%	100 days	45
DEC-2008	179362	168764	94%	103 days	53
3 months	167696	159380	95 %	93 days	177

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2008	171995	165010	96%	84 days	112
JAN-2008	166336	159833	96%	92 days	70
DEC-2007	158585	151879	96%	107 days	62
3 months	166964	160188	96 %	92 days	244

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2007	156019	150684	97%	72 days	108
JAN-2007	165534	158994	96%	83 days	79
DEC-2006	141702	135420	96%	81 days	61
3 months	155529	149577	96 %	78 days	248

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2006	142428	136797	96%	70 days	93
JAN-2006	139062	132421	95%	97 days	70
DEC-2005	139937	133904	96%	88 days	67
3 months	140678	134623	96 %	84 days	230

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NEW ONLY

Unit sales of new homes are up year-to-date to a new record level.
The average days on market is higher than the last two years.
The average sale price is fairly stable for the three month period over the last three years.
Roughly one in four residential unit sales in the last three months were new construction.

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2010	177688	177739	100%	147 days	24
JAN-2010	160947	160378	100%	138 days	38
DEC-2009	170000	168596	99%	161 days	21
3 months	168078	167478	100 %	146 days	83

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2009	162369	161545	99%	144 days	26
JAN-2009	157176	157229	100%	133 days	17
DEC-2008	183064	181783	99%	93 days	28
3 months	169287	168493	100 %	121 days	71

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2008	153010	152869	100%	140 days	29
JAN-2008	180883	182093	101%	102 days	23
DEC-2007	172743	172048	100%	145 days	23
3 months	167609	167713	100 %	130 days	75

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2007	151243	151194	100%	118 days	37
JAN-2007	187275	183761	98%	137 days	24
DEC-2006	160894	160651	100%	98 days	16
3 months	164479	163310	99 %	120 days	77

Month	Avg. List Price	Avg. Sale Price	Sale to List Price	Avg. List Duration	# Of Sales
FEB-2006	143056	141830	99%	136 days	34
JAN-2006	145572	146997	101%	155 days	18
DEC-2005	158813	156653	99%	155 days	15
3 months	147260	146537	100 %	145 days	67

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