Last updated 2 September 2026 with August 2026 data — the most recent month published. September figures are released in early October and this page is updated within a few days of every release.
Most Fredericton market pages you will find are either eight months out of date or quote a number with no source attached. This one is rebuilt every month from the board’s own statistics package, every figure is sourced, and it says plainly what the numbers mean for you rather than just that the market is “strong”.
Is Fredericton a buyer’s or a seller’s market right now?
Fredericton is still a seller’s market, but it is the loosest it has been in five years and the balance is shifting.
Inventory sat at 3.4 months at the end of August 2026, up from 3.0 months a year earlier. CREA treats anything under 3.6 months as seller’s territory nationally, so we are inside that band — but only just, and moving the wrong way for sellers.
The number that matters this month is not the sale-to-list ratio — at 98.7% it is effectively where it was last August. It is this: the benchmark price rose 5.8% over the year while the average sale price fell 6.5% and the median fell 6.8%. Both figures are correct and they measure different things. That is explained further down, and it is the number most likely to be misread this autumn.
Fredericton at a glance — August 2026
| Measure | August 2026 | vs August 2025 | Year‑to‑date 2026 | vs 2025 |
|---|---|---|---|---|
| Sales | 213 | 0.0% | 1,629 | −3.8% |
| New listings | 263 | −4.7% | 2,477 | +4.3% |
| Active listings | 733 | +13.6% | 672 avg | +16.1% |
| Months of inventory | 3.4 | was 3.0 | 3.3 | was 2.7 |
| Sales‑to‑new‑listings | 81.0 | was 77.2 | 65.8 | was 71.3 |
| Average price | $368,845 | −6.5% | $379,609 | +0.7% |
| Median price | $345,000 | −6.8% | $375,000 | +2.5% |
| Sale‑to‑list ratio | 98.7% | was 98.8% | 98.8% | was 100.3% |
| Median days on market | 33 | was 25 | 24 | was 22 |
| Dollar volume | $78.6M | −6.5% | $618.4M | −3.1% |
What changed in the Fredericton market this month?
Four things moved, and unlike July they do not all point the same way.
1. Sales stopped falling. 213 homes changed hands in August, exactly the same number as August 2025. After July came in 15.1% below last year, flat is a change of direction rather than a continuation.
2. Inventory is still building, but more slowly. Active listings are up 13.6% year over year, against 19.4% in July. New listings were down 4.7%. Homes are still accumulating, just not as fast.
3. Homes are taking longer to sell. Median days on market went from 25 last August to 33 this August, and months of inventory from 3.0 to 3.4. This is where the softening is actually showing up now — in time, not in the sale-to-list ratio, which held at 98.7% against 98.8% a year ago.
4. The average price fell while the benchmark rose. The average sale price was $368,845, down 6.5% on last August, and the median was $345,000, down 6.8%. The MLS® HPI benchmark over the same period was up 5.8% to $364,200.
That fourth one is the number to understand, because it will be quoted at you out of context. The average and the median describe what sold. The benchmark describes what a house is worth. In August the region sold the same number of homes as last year but a cheaper mix of them — fewer at the top end — which pulls the average down without any individual house losing value. If you are selling, the benchmark for your area is the number that applies to your house. The average is a statistic about the month.
What is the benchmark price in each Fredericton area?
Working backwards from a budget rather than an area? The Fredericton neighbourhood finder sorts these same 33 sub‑areas into price bands.
This is the table nobody else in this market publishes, and it is the reason most “what is Fredericton worth” answers are useless. There is no single Fredericton price. The spread across the board region is 3.2× — from $170,400 to $551,400 — and several of these areas are inside the same commute.
These are MLS® Home Price Index benchmark prices: the modelled price of a typical home in that area, which strips out the distortion you get when three expensive houses happen to sell in a quiet month. Sorted most to least expensive.
| Sub‑area | Area | Benchmark | 1 yr | 3 yr | 5 yr |
|---|---|---|---|---|---|
| D1 — Hanwell Area | Fredericton South | $551,400 | +5.2% | +20.6% | +48.9% |
| H4 — Killarney | Fredericton North | $531,900 | +2.7% | +16.4% | +38.5% |
| A3 — Woodstock Road / Hanwell Road West | Fredericton South | $524,800 | +6.6% | +19.2% | +40.2% |
| F3 — Rusagonis | Fredericton South | $501,400 | +2.3% | +16.0% | +39.5% |
| H2 — Richibucto Road / Noonan | Fredericton North | $496,100 | +3.8% | +19.2% | +43.3% |
| B2 — Lincoln Road Area | Fredericton South | $473,800 | +4.0% | +19.3% | +43.9% |
| G2 — Douglas | Fredericton North | $470,000 | +3.4% | +18.5% | +44.1% |
| E3 — Kingsclear / Long’s Creek | Fredericton South | $469,000 | +4.8% | +22.7% | +47.5% |
| C2 — Burton | Oromocto & Area | $455,100 | +3.9% | +19.5% | +45.5% |
| F1 — New Maryland | Fredericton South | $448,200 | +6.1% | +22.8% | +48.0% |
| F2 — Nasonworth / Charters Settlement | Fredericton South | $447,900 | +5.3% | +19.5% | +42.1% |
| C1 — Oromocto | Oromocto & Area | $433,400 | +5.0% | +18.4% | +43.6% |
| A2 — Downtown | Fredericton South | $431,300 | +4.7% | +17.9% | +47.0% |
| D2 — Mazerolle Settlement | Fredericton South | $423,200 | +5.4% | +22.5% | +46.3% |
| G1 — Nashwaaksis | Fredericton North | $420,100 | +6.2% | +23.2% | +47.9% |
| G4 — Keswick / Mactaquac / Bear Island | Fredericton North | $416,400 | +5.4% | +20.3% | +44.8% |
| B1 — Skyline Acres / Southwood Park | Fredericton South | $413,900 | +4.6% | +22.3% | +51.4% |
| A1 — Hill Area | Fredericton South | $388,600 | +6.3% | +20.7% | +53.4% |
| H5 — Penniac / Nashwaak | Fredericton North | $377,000 | +6.5% | +27.4% | +56.5% |
| Fredericton and Region (all areas) | — | $364,200 | +5.9% | +25.1% | +48.5% |
| H1 — Marysville / Devon | Fredericton North | $313,600 | +4.0% | +23.2% | +55.0% |
| G3 — Burtts Corner / Kingsley | Fredericton North | $299,600 | +6.7% | +31.6% | +64.9% |
| FR3 — Jemseg / Cambridge Narrows | Outside Fredericton | $297,100 | +3.5% | +26.9% | +58.4% |
| C3 — Geary | Oromocto & Area | $286,800 | −0.2% | +21.3% | +49.2% |
| E1 — Silverwood | Fredericton South | $284,800 | +7.0% | +28.9% | +57.3% |
| FR5 — Stanley | Outside Fredericton | $283,000 | +2.5% | +23.7% | +59.5% |
| H3 — Maugerville / Sheffield | Fredericton North | $268,700 | +5.8% | +26.3% | +57.2% |
| C4 — Gagetown | Oromocto & Area | $262,000 | +5.5% | +29.8% | +67.5% |
| FR2 — Fredericton Junction / Hoyt | Outside Fredericton | $256,500 | +5.9% | +34.4% | +66.8% |
| FR8 — Woodstock & Area | Outside Fredericton | $249,300 | +4.6% | +29.7% | +64.1% |
| FR7 — Nackawic & Area | Outside Fredericton | $249,300 | +7.2% | +39.5% | +82.2% |
| FR1 — Harvey / McAdam | Outside Fredericton | $239,300 | +5.0% | +34.3% | +89.6% |
| FR4 — Grand Lake / Chipman / Minto | Outside Fredericton | $204,600 | +7.9% | +42.5% | +100.2% |
| FR6 — Boiestown / Doaktown / Blackville | Outside Fredericton | $170,400 | +6.2% | +39.0% | +91.0% |
The four areas, rolled up
| Area | Benchmark | 1 yr | 3 yr | 5 yr |
|---|---|---|---|---|
| Fredericton North | $388,900 | +6.3% | +24.9% | +50.2% |
| Fredericton South | $456,500 | +5.9% | +21.2% | +47.8% |
| Oromocto & Area | $403,500 | +3.2% | +19.4% | +45.2% |
| Outside Fredericton | $236,400 | +5.3% | +32.7% | +73.2% |
What the spread actually tells you
Nineteen of the 33 sub-areas benchmark above the regional figure and fourteen below it. If you are budgeting off the $364,200 regional number you are budgeting off a line that runs through the middle of a very wide distribution.
The cheapest areas appreciated the most. Grand Lake / Chipman / Minto is up 103.5% over five years and Boiestown / Doaktown / Blackville 85.6%, against the region’s 48.5%. That is the pandemic-era rural bid still showing in the data. Be careful with those percentages. A 103.5% gain on a $99,000 base is about $102,000; a 49.5% gain in Hanwell is about $182,000. The big percentage is not the big dollar figure, and past appreciation is not a forecast.
Two areas have effectively stalled this year — Rusagonis and Geary, both at +1.8% against a regional +5.9%. At the other end, Grand Lake / Chipman / Minto (+9.2%), Boiestown (+8.0%) and Penniac / Nashwaak (+7.0%) led.
If you want the lived detail behind the numbers rather than just the price, the individual guides go deeper: Downtown, College Hill, Hanwell, New Maryland, Oromocto and Lincoln. The full picture is on Fredericton neighbourhoods.
Average, median, benchmark — which number should you trust?
Three different prices appear on this page and they are not interchangeable. Most market pages quote one without saying which, which is how you end up comparing figures that were never comparable.
| Measure | August 2026 | What it is | When it misleads |
|---|---|---|---|
| Average price | $368,845 | Total dollar volume divided by number of sales | Every month. A handful of high-end sales drags it up; a quiet month at the top drags it down. Says as much about what sold as what things are worth. |
| Median price | $345,000 | The middle sale — half sold for more, half for less | Less volatile than the average, but still moves with the mix of what happened to sell. |
| HPI benchmark | $364,200 | The modelled price of a typical home with constant features | Rarely. It is the closest thing to a like-for-like measure, which is why it is the number I use. |
Use the benchmark to judge the market. Use none of them to price your house. All three describe an entire region; your home is one property on one street with one set of finishes. That is what a home evaluation is for.
What the benchmark home in Fredericton actually looks like
The benchmark is not an abstraction — CREA publishes the features of the home it models. For the Fredericton region in August 2026 that is a 3‑bedroom, 2‑full‑bathroom house of about 1,553 square feet above grade, built in 1987, with seven rooms, a poured concrete basement, an attached single-width garage, siding, and baseboard electric heat.
If your home is meaningfully different from that — and most are — the benchmark is a market indicator for you, not a valuation.
How does the Fredericton condo market compare to houses?
The two segments have separated, and it is worth knowing which one you are in.
A note on the word. The board’s category is called “Apartment”, and it means condominium apartments — units people own. In Fredericton, “apartment” in everyday speech almost always means a rental, so the two get confused constantly. Everything in that row below is owned, not rented. I have kept the board’s label on the data itself so the figures match the source you can go and check.
| Benchmark type | August 2026 | 1 yr | 5 yr |
|---|---|---|---|
| Composite (everything) | $364,200 | +5.8% | +48.8% |
| Single family | $367,000 | +5.9% | +48.5% |
| One storey | $366,700 | +6.6% | +46.9% |
| Two storey | $367,500 | +4.9% | +51.5% |
| Apartment | $295,000 | +1.0% | +50.4% |
Apartment values are flat — up 0.8% over the year while houses ran 5.9%. Over five years the apartment benchmark actually outperformed, so this is a recent divergence rather than a long-running weakness.
An honest caveat on the apartment numbers, because most sites would not give you one. There were seven apartment sales in the whole region in July, and two new listings. At that volume the monthly sales statistics are noise, not signal — I have quoted the benchmark, which is modelled and far more stable, and I would not draw conclusions from a single month’s apartment activity. If you are buying or selling a condo here, the sample is thin enough that comparables matter more than trends.
How does Fredericton compare to the rest of New Brunswick?
Provincially, the most recent published month is July 2026, which saw 970 sales across New Brunswick, down 8.7%, with 4,124 active listings — the highest for that month in over five years and the most inventory since fall 2019. Provincial months of inventory reached 4.3, up from 3.7.
So Fredericton at 3.1 months is tighter than the province at 4.3, even though Fredericton’s sales fell furthest. Less stock relative to demand here, but a sharper drop in activity.
The wider contrast is the interesting one. New Brunswick’s benchmark is up 6.7% year over year while the national benchmark is down 3.3%. That is roughly a ten-point spread in this province’s favour, and it is the single clearest reason Fredericton keeps appearing on relocation shortlists. Moving to Fredericton covers the other side of that trade honestly — wages, healthcare access and what the numbers do not tell you.
What are interest rates doing, and how do they affect buying here?
On 2 September 2026 the Bank of Canada held its target for the overnight rate at 2.25% — a seventh consecutive hold, at the level set by the cut of 29 October 2025. The Bank Rate is 2.5% and the deposit rate 2.20%. The next scheduled announcement is 28 October 2026, followed by 9 December 2026.
Two things worth saying about rates rather than predicting them. Your qualifying rate is not the rate you are offered — under the stress test you must qualify at the greater of your contract rate plus two percentage points or 5.25%. And the policy rate moves variable rates directly; fixed rates follow bond yields, which can move in the opposite direction on the same day. Talk to a broker about your own file before drawing conclusions from a headline. First-time home buyers sets out how the stress test and the insured mortgage rules actually work.
What does this market mean if you are selling?
Price it to today, not to last spring. The sale-to-list ratio dropping from 100.5% to 98.0% is the market telling you that buyers negotiate now. A home priced on comparables from six months ago will sit, and a listing that sits gets treated as a problem regardless of whether it is one.
Presentation is doing more work than it was. With 788 active listings and buyers no longer competing, the difference between a home that shows well and one that does not is measured in weeks. Median days on market went from 24 to 28 across the region; in practice the gap between the well-prepared and the rest is far wider than four days.
The selling guide covers costs, commission and the process. If you want to know where your own home sits against these numbers, that is a home evaluation.
What does this market mean if you are buying?
You have leverage you did not have a year ago — more choice, more time, and a market where offers below asking are being accepted. That is a real change and it has happened quietly.
It is not a buyer’s market. At 3.1 months of inventory, well-priced homes in the areas people want still move. The leverage is real but it is not unlimited, and treating a normalising market like a collapsing one is how people lose the house they wanted over $5,000.
Pay attention to which sub-area you are shopping in. The table above should be the first thing you look at, because a $450,000 budget is a comfortable one in some of these areas and marginal in others. Buying a home in Fredericton covers deposits, conditions, closing costs and the property tax trap that catches most buyers here.
Common questions about the Fredericton market
Is Fredericton a buyer’s or a seller’s market right now?
A seller’s market, but a weakening one. Inventory is 3.1 months; CREA’s national threshold for seller’s conditions is below 3.6 months and for buyer’s conditions above 6.4 months. A year ago Fredericton was at 2.2 months. Those thresholds are national benchmarks, not Fredericton-specific ones.
Are house prices in Fredericton going down?
No, not in the current data. The benchmark is up 5.9% year over year and the median is up 4.3%. Sales volume has fallen and inventory has risen, which historically precedes slower price growth, but the picture is now mixed: the HPI benchmark is still rising, while the average and median sale prices are both down about 6.5% against last August — a difference in what sold, not a fall in what homes are worth.
What is the average house price in Fredericton?
$368,845 in August 2026, down 6.5% year over year — while the HPI benchmark, which controls for what actually sold, was up 5.8%. The median was $345,000 and the HPI benchmark $364,200. The benchmark is the better number for judging the market because it holds the type of home constant.
How long does it take to sell a house in Fredericton?
The median was 33 days in August 2026, against 25 days a year earlier. Year-to-date the median is 23 days. That is the midpoint — condition, price and area move individual homes a long way either side of it.
Which Fredericton area is the most expensive?
Hanwell Area, at a benchmark of $551,400, followed by Killarney at $531,900 and Woodstock Road / Hanwell Road West at $524,800. The least expensive is Boiestown / Doaktown / Blackville at $170,400.
Are homes still selling over asking in Fredericton?
On average, no. The sale-to-list ratio was 98.7% in August 2026, meaning the typical home sold about 2% under list. In July 2025 it was 100.5%. Individual homes in sought-after areas still go over asking; the market as a whole no longer does.
When is the best time to list in Fredericton?
Activity peaks in late spring and early summer, which is also when you face the most competing listings. There is no single right answer — it depends on your property type, your area and your timeline. More answers on the Fredericton real estate FAQ.
Sources and method
Every figure on this page comes from one of three places, and I have named which throughout:
- Fredericton and Region Residential Market Activity and MLS® Home Price Index Report, August 2026 — prepared for New Brunswick REALTORS® by the Canadian Real Estate Association, published 5 August 2026. This is the source for every Fredericton sales, listing, inventory, price and days-on-market figure, and for all 33 sub-area benchmarks. It is public.
- CREA national and New Brunswick statistics, for July 2026 data, the most recent national release — the provincial and national comparisons, and the market-balance thresholds.
- Bank of Canada — the policy rate and the announcement schedule.
CREA notes that all information is based on the full set of data collected on the first calendar day of the month and cannot be directly compared to previous reports, because data is revised. Areas with too few sales to model reliably are not included in the HPI, which is why some communities in the region do not appear in the table.
Next update: within a few days of the August 2026 release, expected mid‑September 2026.
Where to go from here
- What is my home worth? — a proper evaluation against your street, not the regional average.
- Fredericton neighbourhoods — the areas behind the numbers.
- Buying a home in Fredericton — costs, conditions and closing.
- Selling a home in Fredericton — process, commission and preparation.
- Moving to Fredericton — the honest version, including the parts that put people off.
- Ask me about your own situation — I answer my own phone.
I am Rob Hamel, a REALTOR® with EXIT Realty Advantage in Fredericton. I rebuild this page every month from the board’s statistics package rather than leaving last winter’s numbers up. If a figure here looks wrong to you, tell me and I will check it.
