09/02/2026
๐ก August 2026 Saint John Real Estate Market Update
Subject: August Market Update โ More Homes, More Choice ๐ก
Hi everyone,
I hope you had a great summer! Itโs hard to believe September is already here. As vacations wind down, kids head back to school, and we settle into our fall routines, itโs a great time to look at what happened in the Saint John real estate market during August.
The big story this month is more inventory and more choice for buyers. New listings increased compared with last year, while the number of sales declined. Homes are still selling, but the market is becoming more balancedโand strategy is increasingly important for both buyers and sellers.
๐ August Market Snapshot
390 new listings came to market in August, an increase of 15% compared with August 2025. Year-to-date, 3,122 properties have been listed, slightly ahead of last year.
There were 231 sales during August, down 12% from the 263 recorded last August. Despite fewer transactions, total sales volume remained strong at approximately $82.9 million, only 2% below August 2025.
We finished August with 1,571 active MLSยฎ listings, giving buyers considerably more selection than we became accustomed to during the extremely tight markets of the past few years.
๐ Where Are Buyers Most Active?
The heart of the market continues to be in the mid-price ranges.
The $360,000โ$399,999 range led August with 30 sold/pending properties, followed by 22 in the $280,000โ$299,999 range and 20 between $330,000 and $359,999. Weโre also seeing activity at the upper end of the market, including four transactions over $1 million during August.
What Does This Mean for Buyers and Sellers?
For buyers, the increase in inventory is welcome news. There are more properties to consider, more opportunities to compare homes, and potentially more room to negotiate depending on the property. Great homes can certainly still attract competition, but overall, buyers have more breathing room.
For sellers, this is where having the right strategy becomes increasingly important. With more properties competing for buyers' attention, pricing correctly from the beginning, preparing your home properly, and having a strong marketing plan can make a significant difference.
The market hasn't stoppedโit has simply become more balanced and more strategic.
๐ August Gift Card Winners!
Congratulations to this month's gift card winners:
๐ Art & Lorraine Melanson
๐ Jennifer Dommenie
Thank you to everyone who continues to support my business and recommend me to friends, family, and coworkers. Referrals continue to be such an important part of my business, and I genuinely appreciate the trust you place in me.
Congratulations Art, Lorraine and Jenniferโenjoy your gift cards!
๐ Thinking About Making a Move This Fall?
Fall can be an excellent time to buy or sell. If you're wondering what your home might be worth, considering making a move, or simply want to understand how today's market relates to your particular neighbourhood and property, I'm always happy to have a conversation.
Market statistics give us the big picture, but real estate is still very local. What's happening with a $350,000 home in Quispamsis can be quite different from a $700,000 property in Rothesay or a home in Uptown Saint John.
If you'd like to know what's happening in your neighbourhood, just give me a call.
Thank you again for your continued support and referrals. Have a fantastic September!
Paul Doiron
Royal LePage Select Realty
๐ 506-333-9897
๐ pauldoironrealtysj.ca
Statistics based on the August 2026 Saint John MLSยฎ Statistical Report.