May 2021 Residential Real Estate in The Fredericton Area Stats Are In
434 New listings 29.9% from 2020560 Active Listings 29.6% from 2020 (less total listings available)$261,137 being there Average price for a property to be sold. 21% from 2020352 Total Units Sold, 66% from 2020
What does this mean?
This shows it’s still a sellers market due to low inventory BUT don’t over analyze the purchase price as a buyer. Being pre qualified, working with an experienced agent & limiting your conditions will keep the cards in your favour.
Other tips as a buyer right now(and always) to keep in mind:
•Don’t shop at the top of your home buying budget•Know what homes are selling for in your desired area•Know what a “bully” offer is•DONT GIVE UP, we are here to support, educated and hype you up in anyway possible.
Questions? Do not hesitate to ask, we are here to help serve you