One Region. Four Markets. And a Whole Lot of Different Stories.
One region. Four main markets. Thirteen local pockets. And seven of those thirteen didn’t even crack 10 sales in August. That should probably tell you something before we even get started.
August was quiet across most of Greater Moncton. Sales dropped, inventory kept building, and you now have to go all the way back to August 2019 to find an August with more homes sitting on the market than we had this month.
And Dieppe, which was one of the hottest parts of the region a month ago, went from WARM to COLD. Not “showing signs of moderation.” Not “transitioning toward balance.” Cold.
Here’s what actually happened, area by area. No spin. No pretending every statistic is somehow good news. Just the numbers and what they mean.
Quick key before you scroll:
HOT: Sellers are firmly in control. Buyers need to come prepared.
WARM: Still favours sellers, but buyers can breathe.
BALANCED: Pretty much a fair fight.
COOLING: Buyers are gaining leverage.
COLD: Buyers are holding most of the cards.
TOO SMALL TO RATE: Fewer than 10 sales. Pretending six transactions accurately describe an entire neighbourhood is how bad statistics become Facebook posts.
GREATER MONCTON: COOLING
255 sales | $374,090 average | $357,000 median | 6.2 months of inventory | 47 days on market
Sales fell 15.3% from last August while active listings climbed to 1,585. You have to go back to August 2019 to find an August with more homes for sale.
Average price fell 3.5%. Median price slipped just 1.6%. And here’s why I don’t obsess over average price: the MLS Home Price Index benchmark sits at $378,700, which is actually up 4.4% from last year. At the same time, it’s down 1.5% from last month and 6.3% over the past three months.
Same market. Three different stories depending on which statistic somebody decides to throw at you. The average doesn’t lie. It just gets pushed around by whatever happened to sell that month, which is why one headline number rarely tells you much.
MONCTON: COOLING
90 sales | $403,538 average | $369,500 median | 5.5 months of inventory | 49 days on market
Sales were down 9.1%, and homes are taking considerably longer to move. Moncton is not the screaming seller’s market a lot of people still seem to think it is.
That doesn’t mean houses aren’t selling. It means the wrong house at the wrong price isn’t getting rescued by the market anymore.
Moncton North: WARM
42 sales | $418,113 average | $382,375 median | 3.4 months of inventory | 51.5 days on market
Inventory says WARM. Almost everything else tells you to pump the brakes.
Average price fell roughly 10.5%. Median price fell about 9%. And homes took 51.5 days to sell compared with just 21 days last August. Still competitive? Absolutely. Automatic multiple offers because the photographer remembered to turn the lights on? Those days are behind us.
Moncton East: COOLING
24 sales | $444,506 average | $397,500 median | 5.8 months of inventory | 48.5 days on market
Interestingly, prices actually increased here. Average price rose 9.6% and median price increased 4.6%.
But active inventory climbed, months of inventory increased from 4.4 to 5.8, and homes took longer to sell. Higher prices do not automatically mean a stronger market. Buyers have more to choose from and more room to negotiate.
Moncton Center: COLD
18 sales | $346,389 average | $347,000 median | 11.4 months of inventory | 54 days on market
Sales fell 41.9%. There were 205 active listings against just 18 sales, which works out to 11.4 months of inventory.
People keep asking whether there’s anywhere in Greater Moncton that is legitimately a buyer’s market. Yep. There it is. And if your listing has been sitting since spring, the market isn’t necessarily the only problem.
The Real Cost of Overpricing Your Home in Greater Moncton
Moncton West: TOO SMALL TO RATE
Six sales. That’s not a market sample. That’s a dinner reservation. Moving on.
DIEPPE: COLD
25 sales | $416,930 average | $392,500 median | 8.5 months of inventory | 43 days on market
This one deserves attention. Sales fell 26.5%. Active listings climbed 21.7%. Months of inventory hit 8.5 compared with 5.1 last August.
And last month Dieppe was sitting at only 3.7 months of inventory. One month does not make a trend, but going from 3.7 months to 8.5 months in thirty days isn’t something you casually wave away either.
Dieppe didn’t gently cool off in August. Someone opened the freezer door.
Dieppe Fox Creek: COOLING
12 sales | $458,192 average | $396,250 median | 5.5 months of inventory | 25.5 days on market
This was one of the hottest spots in the entire region last month. When homes sell here, they’re still moving quickly. Twenty-five days is fast in this market. There’s simply less selling happening. Sales fell 25%, while 66 homes were sitting active against those 12 sales.
Still a good market. Just not the feeding frenzy it was.
Dieppe Chartersville: TOO SMALL TO RATE
Six sales.
But there’s still something worth noticing. Active listings jumped 87.8% from last August and inventory climbed from 6.8 months to 12.8 months.
Six sales isn’t enough for me to slap a confident market label on it. Twelve months of inventory is enough to make me pay attention.
Dieppe Center: TOO SMALL TO RATE
Seven sales.
Average price rose 5.6%, but months of inventory climbed from 5.1 last August to 9.0 this August. Again, seven sales can do funny things to averages. Don’t build an entire market narrative around seven houses.
Dieppe East: TOO SMALL TO RATE
Zero sales. Two new listings. Seven active listings.
Hard to calculate what the market is doing when nobody actually bought anything.
RIVERVIEW: BALANCED
21 sales | $378,176 average | $350,000 median | 4.0 months of inventory | 34 days on market
Last month Riverview was running at only 2.3 months of inventory. Now it’s at 4.0. That’s a substantial change in thirty days, especially with sales down 30%.
Still healthy. Still moving. Just nowhere near as lopsided in the seller’s favour as it was.
Riverview West: TOO SMALL TO RATE
Eight sales. That’s down from 17 last August, a decline of roughly 53%. Some of the price numbers look strong, but eight sales can make an average price dance around like it’s had three Caesars. Don’t overread it.
Riverview East: HOT
10 sales | $332,740 average | $343,500 median | 1.5 months of inventory | 37 days on market
Ten transactions is the absolute minimum I’m willing to rate, but at 1.5 months of inventory this remains the tightest rated pocket in the region. This is one of the few places where sellers can still reasonably expect buyers to compete. That still doesn’t mean you can price your house like you’ve been drinking. There are limits.
Riverview Center: TOO SMALL TO RATE
Three sales.
There is nothing statistically responsible I can tell you about an entire market based on three people buying houses.
SHEDIAC AND COAST: COOLING
31 sales | $424,706 average | $425,000 median | 5.7 months of inventory | 55 days on market
Finally, somebody sold more houses than last August.
Sales rose 6.9%, making Shediac and the coast one of the few genuine bright spots for transaction volume this month. Homes still took 55 days to sell, but that’s a hell of an improvement from 79 days last August.
Shediac East / Cap-Pelé: TOO SMALL TO RATE
Six sales.
Sales increased from five to six, technically a 20% increase. Which is also a fantastic demonstration of why percentages without context can be ridiculous. Inventory sits at 8.3 months and the average sale-to-list ratio came in below 94%.
Small sample, yes. But in that small sample, sellers weren’t exactly naming their price.
THE DETACHED HOME MARKET TOOK A BIGGER HIT
This one deserves its own section. Single-detached sales fell 24.1% from last August, with 176 homes sold. Overall residential sales dropped 15.3%. So if you’re trying to sell a detached home right now and it feels noticeably slower out there, you’re not imagining it. That segment took a materially bigger hit than the market overall.
But here’s where things get interesting.
Semi-detached sales went completely the other direction. Forty-nine semis sold in August, up 48.5% from last year.
Think about that for a second:
Detached home sales: down 24.1%
Semi-detached home sales: up 48.5%
Same region. Same month. Two completely different markets.
Which is exactly why saying “the Moncton market is hot” or “the Moncton market is slow” doesn’t tell you nearly enough anymore.
SO WHAT DOES ALL OF THIS ACTUALLY MEAN?
There isn’t one Greater Moncton real estate market. There are markets inside markets inside markets.
A seller in Riverview East is dealing with 1.5 months of inventory. A seller in Moncton Center is staring at 11.4.
Those two people are not participating in remotely the same real estate market, regardless of what some national headline tells you happened to Canadian housing this week.
And that’s really the point of digging through 365 pages of CREA data.
13 Sub-Markets. Zero Guessing.
The headline number is interesting. Your neighbourhood is useful. Your property type matters. Your price range matters. Your competition matters. And increasingly, all of those things matter a hell of a lot more than someone saying, “The Moncton market is up 4%.”
Up where? For what? Compared to what?
That’s the part that actually matters.
CREA tracks the national numbers as well if you want to see how Moncton and Area compares with the rest of Canada:
If you want to know what the numbers actually mean for your house, your neighbourhood and what you’re trying to do, call or text 506-852-6477.
No pressure. Just straight answers. Even when the answer isn’t the one you were hoping for.
Strong Roots - Smart Moves
Shane MacPherson | REALTOR® | eXp Realty (506) 852-6477
Source: CREA Moncton and Area Residential Market Activity and MLS® HPI Report, August 2026. Sub-areas with fewer than 10 monthly sales are flagged rather than rated, because small samples make unreliable trends.
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