Moncton Leads MLS® Sales in New Brunswick

The Moncton area real estate market activity is outstanding in the Province!

Moncton
Nov-2010 - Sales: 231 - Volume Sold: $ 32,817,209
Oct-2010 - Sales: 217 - Volume Sold: $ 29,969,317
Sep-2010 - Sales: 233 - Volume Sold: $ 30,811,523

Fredericton
Nov-2010 - Sales:  149 - Volume Sold: $ 22,732,110
Oct-2010 - Sales: 168 - Volume Sold: $ 24,045,500
Sep-2010 - Sales: 195 - Volume Sold: $ 28,422,011

Saint John
Nov-2010 - Sales: 133 - Volume Sold: $ 22,286,640
Oct-2010 - Sales: 170 - Volume Sold: $ 26,726,453
Sep-2010 - Sales: 196 - Volume Sold: $ 32,086,753

Moncton Leads MLS® Sales in New Brunswick

Hot off the computer on August 31st - Total real property sales and volume reported in Fredericton, Moncton and Valley are not far off previous years but Saint John and and Northern New Brunswick have stumbled.

The Moncton area remains the most active real estate market.

Fredericton
Aug-2010 Sales: 215 - Volume Sold: $ 31,358,938
Aug-2009 Sales: 234 - Volume Sold: $ 32,993,806
Aug-2008 Sales: 260 - Volume Sold: $ 36,301,562

Moncton
Aug-2010 Sales: 275 - Volume Sold: $ 39,835,571
Aug-2009 Sales: 254 - Volume Sold: $ 41,606,384
Aug-2008 Sales: 286 - Volume Sold: $ 40,556,633

Saint John
Aug-2010 Sales: 181 - Volume Sold: $ 30,473,985
Aug-2009 Sales: 224 - Volume Sold: $ 35,146,361
Aug-2008 Sales: 284 - Volume Sold: $ 43,156,931

Northern New Brunswick
Aug-2010 Sales: 64 - Volume Sold: $ 4,751,100
Aug-2009 Sales: 52 - Volume Sold: $ 4,651,900
Aug-2008 Sales: 100 - Volume Sold: $ 9,015,322

Valley Board
Aug-2010 Sales: 18 - Volume Sold: $ 1,443,700
Aug-2009 Sales: 27 - Volume Sold: $ 1,651,600
Aug-2008 Sales: 24 - Volume Sold: $ 1,773,900

An energy efficient house built ahead of its time

Not all twenty plus year old houses are energy hogs. Some were built to energy efficiency levels that are higher than most new housing being built today. Recently I listed for sale just such a house. This is a multi level style with over 2,000 square feet of living area above grade. Built for the owner with 9 inch thick walls rated at R-28, a heat recovery ventilation system and baseboard electric heat, this house is at the top tier of energy efficiency even today.



The NB Power bills from the last twelve months including taxes total under $3,000. That's a 12 month average of just $250 per month. If you would like to see the billing summary it's on the web site at www.29Aurora.info.

Housing Sales in the City - Not Hot

The total number of residential sales within the City of Moncton reported to the GMREB year-to-date is down by 28.5%. This number stands out when compared to the City of Dieppe (down 8%) and the Town of Riverview (down 17.5%).

Buyers take note - now is the time to find the motivated sellers. But beware of double agents. You should have the undivided loyalty of you own agent. Learn more about agency on my other blog www.blogMoncton.com

Because a significant percentage of residential sales in Moncton are new construction housing, I prepared a chart for existing and a chart for new.

Elegant seaside cottage or four season residence near Moncton

If you are looking for something special in an uncrowded seaside location then you should investigate the custom built property which is only a 30 minute drive from the Moncton International Airport. Find the full details of this MLS® property including more pictures, a virtual tour, some video and a map link at www.grandedigue.info

Moncton Housing Market Update Spring 2009

The MLS® sales facts for the City of Moncton in the first four months reveal:

• 2009 sales of existing housing is off to the slowest start in the last five years.


• 2009 sales of new housing is also off, but not as much.


• Mortgage interest rates are at historically low levels.


• There is a good selection of housing for sale in the city of Moncton listed MLS® :
  156 - new construction
  173 - less than 20 years old
  239 - over 20 years old

So you may ask - Is it a good time for an individual to buy or sell? The answer is not simple and depends on a lot of factors. Feel free to contact me if you would like to discuss the local real estate market.

Moncton Property Guy

www.MonctonPropertyGuy.com is the new web address for Matthew Estabrooks, licensed independent Agent. Matthew is entering his ninth year as a REALTOR® . And I should mention that Matthew had (and still has) an experienced mentor, his father. (;-)