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More Moncton Info
You can find great local Moncton, New Brunswick real estate information on Localism.com
Larry Estabrooks, Independent Agent, REALTOR® is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
OPEN HOUSE Sunday May 6
- open house signs are up
- the open house notice is on REALTOR.ca
- the open house notice is on my web site - openhouses.monctonguide.com
- The weather forecast for Sunday is a mix of sun and clouds.
Do drop by between 10 and 1 and have a look at these two shiny new houses on Millwood and Sawgrass. Reay and waiting for the first owners.
Moncton and Dieppe Housing Market Update
I've prepared two graphs, one for residential properties located in the City of Moncton and the other for properties located in the City of Dieppe. Lower unit sales combined with more properties listed for sale results a marketplace where buyers can find bargains. Particularly with the assistance of a loyal buyer's agent.
OPEN HOUSE Sunday Forecast for Carriage Hill
- open house signs are up
- print ad is out in the real estate guide publication
- the open house notice is on REALTOR.ca for each property
- the open house notice is on my web site - openhouses.monctonguide.com
As for the visitor forecast, well let's just say I'm hoping for some vsiitors.
Please drop by.
Off My Chart
2012 - Q1 - Metro Moncton Housing Market Update
The mild Winter of 2011-2012 and low interests rates made no difference and did not help lift first quarter residential unit sales in the municipalities of Moncton, Dieppe and Riverview (reported on MLS®). My chart below reveals the second lowest first quarter in the last six years. Unit sales were off for new and well as existing dwellings in metro Moncton. As the Spring building season begins, I expect builders are anxious to move their new house inventory carried over from last season.
Moncton Housing Market Update February 2012
The numbers reveal that in the first two months of 2012, housing sales in Moncton are somewhat lower than in most recent years.
Renters should note that the average sale price continues to rise. Buying sooner rather than later might be wise. Current interest rates are very attractive.
New Construction Super Open House on Super Bowl Sunday
Along with some assistance I'm hosting a Super Open House on three new constructions in the Carriage Hill subdivision in Riverview, just across the Gunningville Bridge from Moncton. I've set an early time for the Super Open House, before all the television broadcasts leading up to the Super Bowl.
And to keep in the spirit of the big game day, those who attend the open house may have their name placed in a bowl from which we will draw one name who will receive two tickets to the Game Day Tailgate Buffet at Casino New Brunswick. More info and directions at http://openhouses.monctonguide.com/ See you at the Super Open House
METRO MONCTON NEW HOUSING SALES REPORT - 2011
Further to my previous post about MLS® new housing unit sales, I thought it would be interesting to compare the average sale price of semi-detached, single detached and condominium ownership housing.
I prepared the chart below that illustrates the average sale price trends in the metro market. Some of the increases can be attributed to higher construction costs, however I also suspect that some of the increases are due to consumers trending to purchase dwellings with more square footage.
(note: "metro" encompasses only the City of Moncton, the City of Dieppe and the Town of Riverview)
METRO MONCTON NEW HOUSING SALES REPORT - 2011
What makes up new housing sales on MLS® in the metro area real estate market? As my chart below shows, semi-detached housing followed by single detached housing followed by condominium ownership housing.
Annual Metro Moncton Real Estate Market - 2011
OK so 2011 is not quite over yet. However I say why wait for the last few days.Here is the big picture. In 2011, unit sales of existing properties are up
slightly and unit sales of new housing are down slightly. There you have it. No boom, no bust. Residential housing in the metro Moncton area is doing alright.
(note: "metro" is only the City of Moncton, the City of Dieppe and the Town of Riverview).
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