Saint John and area · July 2026
What homes actually sold for
- $360,000
- Middle sale price
- 223
- Homes sold
- 102.2%
- Of asking price
- 27 days
- To sell
+5.0% on a year ago
-12.5% on a year ago
106.4% a year ago
21 days a year ago
At this pace, tilted toward sellers
These are completed sales across the Saint John and Area board region, which is wider than the towns this team lists in most, so it will not match a count taken from listings alone. The board reports a month behind, and CREA revises figures between reports, so treat a run of months as direction rather than an exact series.
Source: Canadian MLS® Systems, CREA. Saint John and Area MLS® Residential Market Activity report, published by the New Brunswick Real Estate Board.
The price index
Are prices actually going up
A median moves when the mix of what sold moves. One expensive month on the river can lift it without a single house changing in value. The index answers the question properly by pricing the same specified home every month.
Benchmark price, July 2026
$354,400
- +4.2%
- One year
- +21.3%
- Three years
- +51.7%
- Five years
The house being priced
Three bedrooms, one bathroom, 1,604 square feet above ground, built in 1984, baseboard electric heat on municipal sewer.
It is not any real house. It is a fixed specification the index prices month after month, which is exactly why the line only moves when prices do. The number means nothing until you can picture the home it describes.
Series covers January 2024 to July 2026, 31 months.
Assessments
Your assessment is not your price
+17.8%
the middle sale, against its assessed value, across 3,196 sales since 2025
The middle half of those sales ran from +4.3% to +35.3%.
That spread is the useful part. On a $300,000 assessment the middle half alone covers a range of about $93,000, which is why multiplying an assessment by any single number produces a figure with no useful meaning.
Assessments are set for taxation and lag the market. This describes what sale prices did relative to them and says nothing about whether any assessment is correct. It is not an appraisal and it is not tax advice. Communities with fewer than 100 sales are left out, and 117 transfers far outside market range were excluded. Source: Service New Brunswick property assessment data, published as provincial open data.
What it takes to buy
The income behind the median sale
A median price means very little until it is turned back into a paycheque. This is the qualifying arithmetic on the median July 2026 sale, with every assumption named underneath rather than buried.
$83,000
household income to qualify
with 10% down, before tax
$36,000
down payment
at 10 percent
$2,155
monthly payment
qualified at 6.09%
$74,000
with 20% down instead
$72,000 down
Median July 2026 sale price, qualified at the Bank of Canada posted conventional 5-year rate of 6.09% (2026-09-02), 25-year amortization, Saint John municipal tax on an assessment estimated from the measured sale-to-assessment gap, $150/month heat, 39% gross debt service ceiling. CMHC premium of 3.1% added to the insured case. This is qualification arithmetic for one typical home, not advice about what anyone should borrow, and a lender’s own numbers govern. Run yours on the mortgage calculator.
Renting
$1,290
average two bedroom, 2025
2.1%
vacancy, 2025
Purpose-built rental buildings only, so private condo and secondary-suite rentals are not in it. The survey runs each October and publishes in winter, which makes this an annual figure rather than a current one. Adapted from Statistics Canada, tables 34-10-0133-01 and 34-10-0130-01 (Canada Mortgage and Housing Corporation, Rental Market Survey). This does not constitute an endorsement by Statistics Canada of this product.
Since last month
What moved on the homes already for sale
- 177
- came to market
- —
- left the market
- —
- cut their asking price
New to the feed in the 30 days before this reading.
Appears once two monthly readings are on file, because it is a comparison rather than a count.
Appears once two monthly readings are on file, because it is a comparison rather than a count.
Read from this site’s own monthly snapshot of the live MLS® feed on 2026-09-02, covering 401 active listings. These are asking prices on homes currently for sale, which is a different measurement from the sold figures above and should not be read together with them.
Month by month
Every month we have recorded
A closed month does not change, so these stay accurate for good. The list gets longer on its own.
None of this tells you what your home is worth
It tells you what the market did. What your home is worth depends on the roof, the kitchen, the street and the week you list. That part takes a person walking through it.
Figures current as of September 3, 2026. The live version is at ellisrealty.ca/market.
The Ellis Team at REAL Brokerage. Figures on this page come from the New Brunswick Real Estate Board's monthly reports, CREA's MLS® Home Price Index, Service New Brunswick open data and CMHC via Statistics Canada. Each section names which. No tax or accounting advice is given anywhere on this site.