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Sales were up by 6% in April 2019 compared to last year.

The Greater Moncton REALTORS® du Grand Moncton MLS® system keeps track of all the sales reported through the years as well as maintain a data base known as the Home Price Index to help analyse and understand the local market.

A total of 314 real properties were sold during the month of April in the south-east region of N.B. This represents a 6% increase compared to the same period last year. So far, a total of 979 properties have been reported sold at the MLS Board, a 7% increase in the number of sold properties, but more significantly a 12% increase in total property dollar value.

The area continues to see a reduction of active properties for sale, there were 2,753 properties for sale at the end of April this year. A total of 590 new listings were recorded at the MLS® Board in April which represent a slight reduction of 2%. Year to date, the number of new active listings is down by 6% for the same period.

The list to sale ratio for the month of April was at 51% and 58% year to date, which constitute a balanced market.

 

Un total de 314 propriétés ont été vendus au cours du mois de avril dans la région sud-est de N.B. Cela représente une augmentation de 6% par rapport à la même période l’an dernier. Jusqu’à présent, 979 propriétés ont été rapportées vendues au système MLS®, ce qui représente une augmentation de 7% du nombre de propriétés vendues, mais plus significative encore une augmentation de 12% de la valeur totale de ces biens immobiliers.

La région continue de voir une réduction du nombre de propriétés actives en vente, il y avait 2,753 propriétés à vendre à la fin du mois d’avril cette année. Au total, 590 nouvelles inscriptions ont été enregistrées au système MLS® en avril, ce qui représente une légère baisse de 2%. Depuis le début de l’année, le nombre de nouvelles inscriptions actives a diminué de 6% pour la même période.

Le rapport nouvelles inscriptions / ventes pour le mois de mars était de 51% et de 58% depuis le début de l’année, ce qui représente un marché équilibré pour notre région.

Important considerations for sellers before you enter into a multiple-offers situation

Before you get too excited with the possibility of receiving multiples offers on the sale of your property, keep in mind the few options available to you prior to negotiating, even before disclosing to the various buyers the existence of one or more offers on your table. Yes, this is what ...

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Sales were up by 25% in May 2019 compared to last year.

A total of 489 real properties were sold during the month of May in the Greater Moncton and the south-east region of N.B. This represents a 25% increase compared to the same period last year. So far this year, a total of 1,465 properties have been reported sold at the ...

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Should you entertain an offer conditional on the sale of another property?

If you are a seller, the answer is definitely NO. If you are a buyer the answer is also NO. Let me explain. From the seller’s perspective, accepting a conditional offer, which is subject to the sale of the purchaser’s property, is not a favorable decision for the simple reason it ...

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Sales were up by 6% in April 2019 compared to last year.

The Greater Moncton REALTORS® du Grand Moncton MLS® system keeps track of all the sales reported through the years as well as maintain a data base known as the Home Price Index to help analyse and understand the local market. A total of 314 real properties were sold during the month ...

Continue Reading