Pembroke Real Estate Market Report

The Pembroke, New Brunswick real estate market is currently classified as a balanced market. The median asking price is $89K.

There are currently 1 active listings, representing 3.6 months of inventory. Inventory has decreased 98.5% compared to last month.

Currently, listings spend an average of 35 days on market and the average price per square foot is $268.

Detached properties make up the largest share of the Pembroke market at 100% of active listings with an average price of $433K.

Sales Activity & Absorption

Volume

1
Active
35
Avg DOM
0
New (30d)
0
New (7d)

Market Signals

0
Price Cuts (30d)
0
New (7d)
59%
SNLR
27.7%
SALR

Renfrew County Real Estate Board reported 191 sales this period.

Renfrew County Real Estate Board Monthly Report

The number of homes sold through the MLS® System of the Renfrew County Real Estate Board totaled 191 units in June 2026. This increased by 11.7% from June 2025.

Home sales were 7.4% above the five-year average and 9.5% below the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 788 units over the first six months of the year. This was a modest decline of 1.4% (11 sales) from the same period in 2025.

The average price of homes sold in June 2026 was $483,974, down modestly by 2.6% from June 2025.

The more comprehensive year-to-date average price was $496,837, a minor increase of 3.1% from the first six months of 2025.

The dollar value of all home sales in June 2026 was $92.4 million, a moderate gain of 8.8% from the same month in 2025. The dollar volume of all homes sold hasn’t been this high in the month of June in more than five years.

The number of new listings increased by 1.9% (six listings) from June 2025. There were 323 new residential listings in June 2026. This was the largest number of new listings added in the month of June in more than five years.

New listings were 13.2% above the five-year average and 9.2% above the 10-year average for the month of June.

Active residential listings numbered 690 units on the market at the end of June, a gain of 15% from the end of June 2025. Active listings haven’t been this high in the month of June in more than five years.

Active listings were 32.5% above the five-year average and 8% above the 10-year average for the month of June.

Months of inventory numbered 3.6 at the end of June 2026, up from the 3.5 months recorded at the end of June 2025 and above the long-run average of 3.1 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Source: Renfrew County Real Estate Board, June 2026

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
3.6months
Seller's Market
Sales-to-New Listings (SNLR)59.1%

Demand moderately exceeds supply — conditions favor sellers.

Sales-to-Active Listings (SALR)27.7%

High absorption relative to inventory — tight market.

Inventory Change (30d)-98.5%
Board Active Listings690
Site Active Listings1

With only 3.6 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.

Neighborhoods

AreaListingsAvg Price
Pembroke5$140K
Avg 3 schools nearbyAvg 4 parks nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $89K, 20% down, 25yr amortization
$414/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The Pembroke market currently has 1 active listings with a median price of $89K and 3.6 months of inventory.

  • Low price reduction rate (0% of listings)
  • Average price per square foot is $268

For Buyers

The Pembroke market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes.

Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of July 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.

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