Below is my Metro Moncton (just Moncton, Dieppe & Riverview) Housing Market Report for the first quarter of 2011.

Existing residential and new construction sales are separated below. Find me on the web at www.LarryEstabrooks.com
I'm an independent real estate agent, licensed in New Brunswick, residing in Moncton. And a REALTOR®.

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EXISTING HOUSING ONLY

First quarter unit sales of existing residential properties are down from last year. Days on the market is the same but the average list and sale price is down. Very interesting. Could it be moving towards a buyer's market?

Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2011	175654	170072	97%	85 days	90
FEB-2011	161235	153788	95%	92 days	76
JAN-2011	171793	161349	94%	98 days	56
3 months:	169744	165945	96 %	90 days	222

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2010	181763	174653	96%	84 days	100
FEB-2010	181546	174887	96%	87 days	93
JAN-2010	170411	160205	94%	101 days	61
3 months:	178957	171269	96 %	89 days	254

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2009	178573	171919	96%	78 days	92
FEB-2009	160484	153792	96%	81 days	79
JAN-2009	166618	158138	95%	100 days	45
3 months:	169466	162418	96 %	84 days	216

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2008	155385	150423	97%	72 days	97
FEB-2008	171995	165010	96%	84 days	112
JAN-2008	166336	159833	96%	92 days	70
3 months:	164800	158640	96 %	82 days	279

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2007	158158	151400	96%	66 days	115
FEB-2007	156019	150684	97%	72 days	108
JAN-2007	165534	158994	96%	83 days	79
3 months:	159323	153130	96 %	72 days	302

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2006	150981	145490	96%	75 days	101
FEB-2006	142428	136797	96%	70 days	93
JAN-2006	139062	132421	95%	97 days	70
3 months:	144808	138963	96 %	79 days	264

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NEW HOUSING ONLY

Year-to-date unit sales of new homes are down from last year but still the second best on record. This is really noteworthy compared to sales of existing homes. About one in three residential sales in the first quarter were new construction.

Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2011	161958	161679	100%	186 days	31
FEB-2011	170207	172102	101%	212 days	44
JAN-2011	191563	186925	98%	133 days	32
3 months:	174204	173515	100 %	181 days	107

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2010	148893	148578	100%	145 days	63
FEB-2010	181983	181819	100%	148 days	23
JAN-2010	160947	160378	100%	138 days	38
3 months:	158725	158360	100 %	143 days	124

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2009	175331	175650	100%	120 days	29
FEB-2009	162369	161545	99%	144 days	26
JAN-2009	157176	157229	100%	133 days	17
3 months:	166364	166207	100 %	132 days	72

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2008	165030	162901	99%	130 days	37
FEB-2008	153010	152869	100%	140 days	29
JAN-2008	180883	182093	101%	102 days	23
3 months:	165210	164592	100 %	126 days	89

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2007	151089	151525	100%	169 days	37
FEB-2007	151243	151194	100%	118 days	37
JAN-2007	187275	183761	98%	137 days	24
3 months:	160009	159295	100 %	142 days	98

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Month	Average List	Average Sale	Sale to List	DoM	# Of Sales
MAR-2006	165612	163744	99%	161 days	25
FEB-2006	143056	141830	99%	136 days	34
JAN-2006	145572	146997	101%	155 days	18
3 months:	150968	150153	99 %	149 days	77

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