Saint John Real Estate Market Report - December 2025: Composite Benchmark Price Declines 3.0% Year-Over-Year

Saint John (MLS® HPI) — December 2025

In December 2025, the composite benchmark price for the Saint John real estate market is $341,100, reflecting a 3.0% decrease from December 2024. The market remains balanced, with no available data on sales or listings for the current month.

Market Analysis

The Saint John real estate market shows signs of stability despite a year-over-year decline in the composite benchmark price. The current benchmark price of $341,100 represents a $2,000 decrease from November 2025's price of $343,100, indicating a slight softening in values. However, the absence of sales and listings data suggests that the market may be experiencing a temporary lull, potentially influenced by seasonal factors typical for this time of year.

With the market classified as balanced, supply and demand appear to be in equilibrium, which may provide opportunities for both buyers and sellers. The year-over-year price decline of 3.0% from $351,600 in December 2024 indicates a gradual adjustment in pricing, but the lack of significant fluctuations in the current month suggests that the market is stabilizing after previous volatility.

Property Type Analysis

In terms of property types, detached homes have a benchmark price of $343,400, while apartments are priced at $240,900. The absence of sales data for attached or townhouse properties limits a comprehensive analysis of this segment. However, the current benchmark prices indicate that detached homes continue to dominate the market in terms of value, while apartments offer a more affordable option for buyers looking to enter the market.

Regional Highlights

Regionally, the Saint John market reflects broader trends seen across New Brunswick, where housing prices have shown a tendency to stabilize after previous increases. The balanced market condition suggests that both buyers and sellers are adjusting to the current economic climate, with potential implications for future pricing and inventory levels as the year progresses.

For Buyers

For prospective buyers, the current balanced market presents an opportunity to negotiate favorable terms. With a slight decline in benchmark prices, buyers may find it advantageous to explore various property types, particularly detached homes and apartments, to identify options that fit their budget and lifestyle needs.

For Sellers

Sellers are encouraged to remain realistic about pricing in the current market environment. Given the year-over-year price decline, it is crucial to set competitive prices and prepare for potential negotiations, ensuring that properties are well-presented to attract serious buyers.