06/01/2026
📊 SAINT JOHN AREA MARKET UPDATE – MAY 2026 🏡
If you've been wondering what's happening in the local real estate market, May's numbers tell an interesting story.
✅ Home prices continue to rise
The average detached home sold for $397,663, up 6% from May 2025.
✅ Sales remain steady
There were 252 homes sold in May, virtually identical to 2024 (253 sales), though down 7% from last year's pace.
✅ Inventory is improving
With 1,395 active listings across the MLS®, buyers have more options than we've seen in recent years.
✅ Nearly $90 Million in real estate changed hands
Total sales volume reached $89.7 million, up 2% year-over-year.
📍 Rothesay & Quispamsis continued to lead the region with 41 detached home sales in May and an average sale price of $568,510.
📍 East Saint John remained one of the busiest areas, recording 42 detached home sales during the month.
💡 What does this mean?
The Saint John market is becoming more balanced. Buyers have more choice, but well-priced homes are still attracting strong interest and values remain healthy across much of the region.
Whether you're thinking about buying, selling, or simply curious about what your home may be worth in today's market, we're always happy to help.
📞 Rod & Andy
🏡 Three Rivers Realtors®
📍 Serving Saint John, Rothesay, Quispamsis, Hampton, Grand Bay-Westfield and surrounding areas.
