How does the 3% total commission model work?

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.

Is the service any different at 3% compared to a traditional agent?

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.

Are there any hidden fees beyond the 3% commission?

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.

How much can I save compared to a traditional 5% commission?

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.

What's included in Richard's listing service?

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.

How do I find out what my Moncton home is worth?

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.

When is the best time to sell a home in Moncton?

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.

What are the steps to buying a home in Moncton?

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.

What are typical closing costs when buying in Moncton?

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.

Does a buyer pay Richard's commission?

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.

Is it a good time to buy a home in Moncton in 2026?

For most buyers, yes. Moncton continues to benefit from strong population growth, inter-provincial migration, and prices that remain far below most Canadian metros — averaging around $386,000 compared to $1.1M+ in Toronto. With the Bank of Canada's overnight rate forecast around 2.25% through 2026, mortgage rates are more accessible than in 2023–2024. If you plan to stay for 3+ years, buying in Moncton now is generally a sound financial decision.

What is the average home price in Moncton in 2026?

The average sale price for a home in Moncton was approximately $386,000 in 2025, up about 2.4% year-over-year. RE/MAX projects a further 2.7% increase through 2026. Dieppe averages slightly higher at $465,000–$490,000, Riverview at $420,000–$450,000, and Shediac at a median of $479,000 — reflecting coastal demand and waterfront properties in the mix.

How does Moncton compare to other Canadian real estate markets?

Moncton is one of the most affordable mid-sized cities in Canada. A home that costs over $1.1 million in Toronto or $900,000 in Halifax lists for around $386,000 in Moncton. Combined with strong population growth — Greater Moncton added approximately 27,000 residents between 2021 and 2024 — Moncton offers a rare combination of affordability and genuine demand-side momentum.

How competitive is the Moncton housing market right now?

The spring market (March–June) is the most competitive period, with well-priced homes in desirable neighbourhoods sometimes receiving multiple offers within days of listing. The fall and winter markets tend to offer more negotiating room for buyers. Typical days on market in spring sits between 14–30 days for well-priced properties. Richard monitors active market conditions weekly and provides clients with realistic expectations based on current data — not generalizations.

Who is Richard Wontorra and what is his experience?

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.

What areas does Richard serve?

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.

Where can I read reviews of Richard Wontorra?

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.

Greater Moncton Market Update · September 2026

Greater Moncton Real Estate Market Update: September 2026

The short answer: Greater Moncton moved into buyer’s-market territory in September 2026. Just 224 homes sold, active listings climbed to 1,580, and months of inventory reached 7.1, the highest September reading since 2018. Prices, though, are holding their ground, with the median at $357,500.

Homes sold

224

−27.3% vs Sept 2025

Active listings

1,580

+12.5% vs Sept 2025

Months of inventory

7.1

up from 4.6 a year ago

Median price

$357,500

+1.4% vs Sept 2025

Key takeaways

224 homes sold, down 27.3% from September 2025 and 14.8% from August.
1,580 active listings, up 12.5% year over year and the most of any month in 2026.
7.1 months of inventory, up from 4.6 a year ago. Anything above 6 months is generally considered a buyer’s market.
Median price of $357,500, up 1.4% year over year. The average price slipped 3.2% to $365,606.

Sales: the slowest September in years

224 homes sold in September, down from 308 a year ago and 263 in August. Part of the drop from August is the normal end-of-summer slowdown, but this is well below the usual fall pace. Sales in 2026 have trailed 2025 in every month except January, and year to date, 2,325 homes have sold compared with 2,587 over the same stretch last year (−10.1%).

Homes sold per month, 2026 vs. 2025

20262025

Greater Moncton residential sales, January to September.

Inventory: more choice than buyers have had in years

There were 1,580 homes for sale at the end of September, the highest count of 2026 and 12.5% above September 2025. Inventory has run ahead of last year’s level every single month this year, and it is now 37.5% above September 2024.

Active listings, 2024 to 2026

202620252024

Active residential listings at month end, January to September.

Months of inventory: a 10-year view

Months of inventory combines supply and demand into a single number: active listings divided by monthly sales. At 7.1 months, this September is the highest reading since 2018 (7.8) and nearly four times the 1.9 months recorded at the peak of the seller’s market in September 2021. A year ago it was 4.6.

September months of inventory, 2017 to 2026

Active listings divided by sales for each September. Under 4 months generally favours sellers, 4 to 6 is balanced, and above 6 favours buyers.

Prices: bending, not breaking

Despite the jump in supply, prices haven’t cracked. The median sale price was $357,500, essentially unchanged from August and up 1.4% from a year ago. The average price slipped 3.2% to $365,606, which points to fewer higher-end sales in the mix rather than widespread price cuts. Through 2026, the monthly median has stayed in a narrow band between $351,000 and $375,000.

Median sale price per month, 2026 vs. 2025

20262025

Greater Moncton residential median sale price, January to September.

What this means if you’re selling

With more than seven months of inventory, buyers can afford to be selective. The homes that sell are the ones priced right from day one and marketed widely. Overpricing and waiting for the market to catch up is the most expensive mistake in a market like this, because every week on the market adds competition from new listings. Condition, presentation, and a realistic list price matter more now than at any point since 2018.

What this means if you’re buying

This is the most negotiating room Greater Moncton buyers have had in years. More listings means more choice and more time to decide, and conditions like home inspections and financing are back on the table. Prices haven’t fallen sharply, so the advantage is less about bargain prices and more about leverage on terms, closing dates, and repairs.

Want to see how the summer set this up? Read the August 2026 market update, or explore long-term trends on the Greater Moncton housing market hub.

Frequently asked questions

Is Moncton a buyer’s market or a seller’s market right now?

As of September 2026, Greater Moncton is in buyer’s-market territory. There were 7.1 months of inventory, meaning it would take about 7 months to sell every active listing at the current sales pace. Markets are generally considered balanced between 4 and 6 months, and buyer-favoured above 6.

How many homes sold in Greater Moncton in September 2026?

224 residential properties sold in September 2026, compared with 308 in September 2025 and 263 in August 2026. Year to date, 2,325 homes have sold, about 10% fewer than the 2,587 sold over the same period in 2025.

What is the median home price in Greater Moncton?

The median sale price in September 2026 was $357,500, up 1.4% from $352,500 a year earlier. The average sale price was $365,606.

What does months of inventory mean?

Months of inventory is the number of active listings divided by the number of sales in a month. It estimates how long the current supply would last if no new listings came on the market. Under 4 months typically favours sellers, 4 to 6 is balanced, and over 6 favours buyers.

What do these numbers mean for your home?

Get a free, no-obligation evaluation based on what’s actually selling near you.

Get a free home evaluation →

Or call 506-802-8805 · See the full Greater Moncton market hub

Source and methodology: Greater Moncton MLS® residential statistics via Matrix (Region: Moncton, Property Type: Residential), retrieved September 30, 2026. Months of inventory is calculated as active listings divided by monthly sales. September 2026 figures are preliminary and may shift slightly as late sales are reported, and totals may differ from CREA monthly reports.

Richard Wontorra, REALTOR® · 3% Realty Atlantic Inc., Independently Owned & Operated.