
Moncton, Riverview, Dieppe & Shediac: Four Communities, Four Very Different Markets
Greater Moncton Market Update · June 2026 Moncton, Riverview, Dieppe & Shediac: Four Communities, Four Very Different Markets If you only looked at the Greater
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Buying a home in Greater Moncton, Riverview, or Dieppe? Richard Wontorra has helped over 200 families navigate the Moncton real estate market across 16+ years. From your first offer to closing day, he’ll guide you through every step — including New Brunswick’s land transfer tax, home inspections, and legal requirements.
Richard Wontorra is a licensed REALTOR® based in Moncton, New Brunswick, with over 16 years of experience in residential real estate and more than 200 homes sold across Ontario and New Brunswick. He is affiliated with 3 Percent Realty Atlantic Inc., located at 1888 Mountain Road, Suite 2, Moncton, NB, and specializes in helping buyers and sellers throughout Greater Moncton, Riverview, and Dieppe.
Richard is one of the few agents in Greater Moncton offering a total 3% commission model — a transparent, full-service alternative to the traditional 5–6% commission that can save sellers thousands of dollars at closing.
Save thousands compared to the traditional 5–6% commission. On a $400,000 Moncton home, that's up to $8,000 back in your pocket.
Over 200 residential transactions across Moncton, Riverview, and Dieppe. Local market knowledge you can actually rely on.
3% Realty Inc. President's Platinum Award winner. Honest, responsive, and dedicated to getting you the best outcome.

Greater Moncton Market Update · June 2026 Moncton, Riverview, Dieppe & Shediac: Four Communities, Four Very Different Markets If you only looked at the Greater

Greater Moncton Market Update · June 2026 Moncton, Riverview & Dieppe: Three Towns, Three Very Different Markets If you only looked at the Greater Moncton

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Straight answers about commissions, closing costs, market timing, and what to expect when buying or selling in Moncton, Dieppe, Riverview, and Shediac.
Richard charges a total commission of 3% on the sale price of your home — covering both the listing agent (Richard) and the buyer's agent. Most agents in Greater Moncton charge 4–5% total. On a $400,000 home, that difference saves you $8,000–$12,000 at closing — with no reduction in service, marketing, or representation.
No. Richard's 3% model includes everything a traditional full-service agent provides: professional photography, MLS® listing, staging consultation, offer negotiation, open house coordination, and full support through to closing day. What changes is the fee — not the quality of service. Richard has a 5.00-star rating on RankMyAgent across 24 verified reviews to back that up.
No hidden fees. The 3% total commission is the complete cost of Richard's representation. Separate closing costs you'll budget for include New Brunswick's land transfer tax (1% of purchase price), legal fees ($1,500–$2,000), and a home inspection ($500–$700) — but these are standard costs on any transaction, not additional charges from Richard.
The savings scale with your home's value. At $400,000, you save $8,000. At $500,000, you save $10,000. At $600,000, you save $12,000. In 2025 alone, 3 Percent Realty Atlantic Inc. saved New Brunswick home sellers more than $1 million in commissions combined, compared to traditional brokerage rates.
Richard's full-service listing covers: a free home valuation based on real MLS® data, professional photography, MLS® listing with maximum exposure, targeted social media marketing, staging consultation, open house coordination, offer review and negotiation, and complete guidance from listing day through to closing. Everything is included in the 3% total commission — no add-ons required.
Richard offers a free, no-obligation home valuation based on current local MLS® data — not an automated algorithm. To get started, contact Richard at 506-802-8805 or Richard@Wontorra.com. He serves homeowners throughout Moncton, Riverview, Dieppe, and Shediac.
The spring market (March–June) is typically the strongest in Greater Moncton, with the most active buyers and the highest likelihood of multiple offers on well-priced homes. The fall market (September–November) is also solid, with serious buyers who weren't ready in spring. Summer and winter tend to be slower, but a well-priced, well-presented home can sell in any season.
The core steps are: (1) Get pre-approved with a mortgage broker to confirm your budget. (2) Define your priorities — neighbourhood, school zone, commute, lot size. (3) View homes and make an offer — Richard prepares a competitive offer strategy based on current market conditions. (4) Complete a home inspection ($500–$700). (5) Close — budget for NB land transfer tax (1%), legal fees ($1,500–$2,000), and title insurance. Richard walks you through every step.
Budget 2–4% of the purchase price beyond your down payment. On a $400,000 home, expect: New Brunswick land transfer tax (~$4,000), legal fees ($1,500–$2,000), home inspection ($500–$700), title insurance ($200–$400). If your down payment is under 20%, add CMHC mortgage insurance premiums. Richard provides a personalized closing cost estimate before you make any offer.
No. As a buyer, you pay nothing directly to Richard. The buyer's agent commission is paid by the seller out of the total commission on the sale. Working with Richard as your buyer's agent costs you nothing — but gives you 16+ years of local market expertise and full representation through the entire purchase process.
For most buyers, conditions are the friendliest they've been in years. Greater Moncton is now a balanced market with 4.5 months of inventory — up from under 2 during the 2021 frenzy — meaning more choice and more negotiating room. Prices have flattened (roughly $396,000 average as of June 2026, still far below $1M+ in Toronto), and the Bank of Canada has held its rate at 2.25% since October 2025, keeping borrowing costs well below the 2023–2024 peaks. If you plan to stay 3+ years, buying in Moncton remains a sound decision — and in some communities, like the city of Moncton and the Shediac area, buyers currently hold real leverage.
As of June 2026, the average residential sale price in Greater Moncton is $396,016, with a median of $375,000 (year-to-date: $384,762 average, $363,000 median). By community, Dieppe leads at $491,874, followed by the Shediac area ($435,087), Riverview ($408,565), and the city of Moncton ($399,136). These figures come from official Canadian MLS® Systems data via the NB REALTORS® Association, and I update them every month on my [Moncton Housing Market page].
Moncton remains one of the most affordable mid-sized cities in Canada. The average home sold for $396,016 in June 2026 — a fraction of what a comparable home costs in Toronto, Vancouver, or even Halifax. Combined with strong population growth (Greater Moncton added roughly 27,000 residents between 2021 and 2024), the region offers a rare mix of affordability and genuine demand.
It depends heavily on which community you're in. As of June 2026, Riverview (2.3 months of inventory) and Dieppe (3.1) still favour sellers, with well-priced homes drawing quick interest — Dieppe homes sold in a median of 29 days. The city of Moncton (5.2 months) and the Shediac area (7.0) give buyers more room to negotiate, and the regional median is 36 days on market. I track these numbers monthly, so my clients always work from current data — not last year's headlines.
Richard Wontorra is a licensed REALTOR® with 16+ years of experience and more than 200 homes sold across Ontario and New Brunswick. He is affiliated with 3 Percent Realty Atlantic Inc., located at 1888 Mountain Road, Suite 2, Moncton, NB. In 2025, he was awarded the President's Platinum Club Award — one of the highest distinctions within the 3 Percent Realty national network — for exceptional sales volume and client service.
Richard serves buyers and sellers throughout Greater Moncton — including the City of Moncton, Riverview, Dieppe, and Shediac. He is based at 1888 Mountain Road, Suite 2, Moncton, NB E1G 1A9 and can be reached at 506-802-8805 or Richard@Wontorra.com.
Richard holds a 5.00-star rating across 24 verified reviews on RankMyAgent — one of Canada's leading real estate review platforms. You can read all verified client reviews at rankmyagent.com/richard-wontorra.
Have a question that isn't answered here?
Call Richard at 506-802-8805Book a free consultation with Richard. He'll walk you through current market conditions, your realistic options, and exactly what to expect at every step — with straight answers and no sales pitch.
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