My Metro Moncton Market Report Ending May 2010 includes Moncton, Dieppe & Riverview.

EXISTING HOUSING 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 average sale price is still rising modestly.

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2010	177478	168738	95%	88 days	121
APR-2010	178394	172449	97%	88 days	121
MAR-2010	182741	175604	96%	84 days	99
FEB-2010	181546	174887	96%	87 days	93
JAN-2010	171087	160875	94%	100 days	60
Averages:	178747	171226	96 %	89 days	494

 

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2009	172846	166306	96%	71 days	125
APR-2009	174003	167269	96%	72 days	97
MAR-2009	178573	171919	96%	78 days	92
FEB-2009	160484	153792	96%	81 days	79
JAN-2009	166618	158138	95%	100 days	45
Averages:	171436	164602	96 %	77 days	438

 

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2008	158761	152913	96%	73 days	176
APR-2008	163521	157386	96%	74 days	122
MAR-2008	155385	150423	97%	72 days	97
FEB-2008	171995	165010	96%	84 days	112
JAN-2008	166336	159833	96%	92 days	70
Averages:	162687	156628	96 %	77 days	577

 

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2007	163567	158001	97%	67 days	157
APR-2007	160187	155078	97%	70 days	129
MAR-2007	158158	151400	96%	66 days	115
FEB-2007	156019	150684	97%	72 days	108
JAN-2007	165534	158994	96%	83 days	79
Averages:	160646	154858	96 %	70 days	588

 

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2006	151683	146776	97%	64 days	178
APR-2006	159435	154003	97%	64 days	106
MAR-2006	150981	145490	96%	75 days	101
FEB-2006	142428	136797	96%	70 days	93
JAN-2006	139062	132421	95%	97 days	70
Averages:	149870	144410	96 %	71 days	548

 

NEW HOUSING ONLY

Fewer sales were reported this May than the last four Mays
Year-to-date unit sales of new homes are up to a new all time record level.
This is really noteworthy compared to sales of existing homes.
Roughly 28% of all residential sales year to date have been new construction.

 

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2010	185075	187526	101%	145 days	30
APR-2010	169814	170788	101%	152 days	35
MAR-2010	148893	148578	100%	145 days	63
FEB-2010	181983	181819	100%	148 days	23
JAN-2010	160947	160378	100%	138 days	38
Averages:	164961	165291	100 %	145 days	189

 

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2009	170507	169079	99%	176 days	41
APR-2009	158746	159655	101%	122 days	35
MAR-2009	175331	175650	100%	120 days	29
FEB-2009	162369	161545	99%	144 days	26
JAN-2009	157176	157229	100%	133 days	17
Averages:	165710	165453	100 %	142 days	148

 

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2008	158602	159734	101%	101 days	44
APR-2008	162586	161278	99%	137 days	49
MAR-2008	165030	162901	99%	130 days	37
FEB-2008	153010	152869	100%	140 days	29
JAN-2008	180883	182093	101%	102 days	23
Averages:	162906	162525	100 %	123 days	182

 

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2007	158427	159161	100%	157 days	52
APR-2007	155092	154647	100%	191 days	26
MAR-2007	151089	151525	100%	169 days	37
FEB-2007	151243	151194	100%	118 days	37
JAN-2007	187275	183761	98%	137 days	24
Averages:	158815	158568	100 %	154 days	176

 

Month	Average List Price	Average Sale Price	Sale to List Price	DOM	# Of Sales
MAY-2006	159258	159870	100%	122 days	33
APR-2006	164768	164604	100%	128 days	25
MAR-2006	165612	163744	99%	161 days	25
FEB-2006	143056	141830	99%	136 days	34
JAN-2006	145572	146997	101%	155 days	18
Averages:	155550	155204	100 %	138 days	135