Metro Moncton Market Report November 2008
I've researched and prepared the table below which shows that residential MLS® sales were down 35% from last November in the metropolitan Moncton area .
Although the average price increased from last November, the median sale price for November 2008 was $143,000.
| Month | Average List Price |
Average Sale Price |
Sale to List Price |
Average DOM |
# of Sales |
|---|---|---|---|---|---|
| NOV-2008 | 172,612 | 166,436 | 96% | 80 days | 78 |
| NOV-2007 | 160,312 | 155,210 | 97% | 78 days | 120 |
| NOV-2006 | 157,348 | 152,885 | 97% | 86 days | 114 |
| NOV-2005 | 142,130 | 138,235 | 97% | 73 days | 114 |
| NOV-2004 | 125,503 | 120,110 | 96% | 70 days | 67 |
My table includes only residential properties located in the City of Moncton, the City of Dieppe and the Town of Riverview. Ask a question or comment below and I will post a reply.
Larry Estabrooks,
Independent Agent
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Betty
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