Français View MLS® Listings Our REALTORS® Our Open Houses
Home
About Us
Listings
Community
Members
Open Houses
Public Relations
Contact Us
 
View MLS® Listings

Search through our thousands of listings and find the home you're looking for!

Begin Your Search
Our REALTORS®
The Greater Moncton REALTORS® du Grand Moncton represents more than 275 members from over 26 member offices. Find one to help you with your search!
Find a REALTOR®
Open House

Check out our open houses listings, updated frequently.

Begin Your Search

CURRENT STATISTICS

Greater Moncton home sales remain at historically strong levels in October

Residential sales in the area served by the Greater Moncton REALTORS® du Grand Moncton numbered 213 units in October, a 31.5 per cent jump from levels in October 2013.
 
“October was the fourth straight month of historically very strong resale housing activity in the region, marking a sharp contrast to the quiet start to the year,” said Ricky Cormier, President of the Greater Moncton REALTORS® du Grand Moncton. “It was the fourth best October on record for sales, with year-to-date activity running almost five per cent ahead of the same time last year. Semi-detached home prices continue to post modest year-over-year gains, while detached prices have largely flattened out.”
 
This month, the Greater Moncton REALTORS® du Grand Moncton launches its MLS® Home Price Index (HPI), which tracks price trends far more accurately than is possible using average or median price measures.
 
The overall MLS® HPI for Greater Moncton was unchanged compared to October last year. Prices have held fairly steady since they recovered toward the end of summer last year. Year-over-year increases of around two per cent in the first half of 2014 reflected a weaker pricing environment in early 2013. However, prices have been flat for the past three months.
 
Year-over-year price growth remained modest for semi-detached homes (+0.92 per cent), although this outpaced single family detached home price which have largely stabilized (-0.08 per cent). By contrast, prices declined for townhouse/row units (-3.84 per cent) and apartment units (‑10.85 per cent), the latter reflecting a spike in prices in 2012/2013 that has since come back down to earth.
 
The average price of Greater Moncton home sales edged higher by 0.7 per cent from October 2013. Supported by year-over-year increases mainly in the first half of the year, the average price for the year-to-date in October was up 2.0 per cent from the same period last year.
 
While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Greater Moncton REALTORS® du Grand Moncton cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.
 
New listings numbered 421 units in October, rising 10.5 per cent from October 2013.
 
Existing supply levels remain elevated, but are showing tentative signs of having topped out this summer. Active residential listings on the Board’s MLS® System numbered 2,585 units at the end of October 2014, an increase of 16.4 per cent from the same time last year.
 
There were 12.1 months of inventory at the end of October 2014, down from 13.7 months reported at the end of October 2013 but still above the long-run average for this time of the year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
 
The total value of residential sales reported through the Board’s MLS® System was $33.2 million in October 2014. This marked a 32.4 per cent increase from year-ago levels.
 
Sales of all types of properties numbered 241 units in October, up 28.9 per cent from a year earlier. The value of all property sales in October 2014 amounted to $37.2 million, an increase of 38.0 per cent from last October.
 
The Greater Moncton REALTORS® du Grand Moncton represents more than 280 REALTORS® from over 26 member offices in Moncton, Dieppe, and Riverview as well as nearby communities in South Eastern New Brunswick. MLS® is a co-operative marketing system used only by Canada's real estate Boards to ensure maximum exposure of properties listed for sale.
 

MLS® Home Price Index
percentage change vs.
 Semi-Detached Benchmark:
October 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$159,500
-0.46
-0.38
1.23
0.92
4.04
12.71
Dieppe
$157,900
-2.27
0.76
1.52
1.45
3.50
9.45
Moncton
$159,500
0.23
-0.69
1.16
0.62
4.49
13.80
Riverview
$159,200
-1.97
0.82
1.81
1.89
3.62
10.50
 
MLS® Home Price Index
percentage change vs.
 Single Family Detached Benchmark:
October 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$156,900
-0.85
-0.08
1.66
-0.08
1.18
8.26
Dieppe
$215,000
-3.21
-4.53
-2.71
-1.12
0.68
10.58
Moncton
$165,600
0.23
-0.53
2.28
0.54
3.17
9.31
Outside
$117,000
-0.24
4.01
4.54
0.32
0.32
6.78
Riverview
$151,600
-3.49
-5.32
-3.92
-2.41
-1.89
6.66
Rural Routes
$136,800
1.43
4.92
6.85
2.65
3.40
9.13

 

MLS® Home Price Index
percentage change vs.
 Composite Benchmark:
October 2014
1 month ago
3 months ago
6 months ago
12 months ago
3 years ago
5 years ago
Greater Moncton
$151,200
-0.78
-0.23
1.43
0.00
1.03
7.76
Dieppe
$201,700
-2.51
-3.86
-1.79
-0.08
1.07
10.46
Moncton
$153,600
0.08
-0.62
1.67
0.16
2.00
7.76
Outside
$117,500
-0.24
4.02
4.55
0.24
0.32
6.62
Riverview
$149,900
-3.20
-4.34
-3.20
-1.88
-0.69
7.43
Rural Routes
$136,700
1.43
4.92
6.85
2.65
3.40
9.13