Verified real estate experts in Fredericton

The Fredericton real estate market — Aug 2026

Fredericton is New Brunswick's capital and its university town, a compact riverside city where the provincial government, the University of New Brunswick and St. Thomas University anchor a steadier employment base than most cities its size.

In August 2026, the MLS® benchmark price in Fredericton stood at $364,200, up 5.8% year over year. The average price, all property types combined, was $368,845 (−6.5% year over year). By property type: single-family $367,000 (+5.9%), one-storey $366,700 (+6.6%), two-storey $367,500 (+4.9%), and apartment $295,000 (+1%). There were 213 sales during the month, the same as a year earlier. With 3.4 months of inventory, it is a seller's market by the standard board convention (under 4 months: sellers; 4 to 6: balanced; over 6: buyers). Homes in Fredericton took an average of 33 days to sell. Over five years, prices are up 74%. Source: New Brunswick REALTORS® du Nouveau-Brunswick (NBREB) / ACI, August 2026.

These figures come from the monthly report the Canadian Real Estate Association prepares for the New Brunswick REALTORS® du Nouveau-Brunswick, and they cover the board's region rather than the city limits alone. The price line is not the only number worth reading: when every property type moves in the same direction and by a similar amount, the change usually reflects broad-based demand rather than a shift in what happens to be selling, and inventory and the sold-to-list ratio show a turn in the balance of power in negotiating room months before it shows up in prices.

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