# Gander Resale Market Holds Flat at $335,000 Median While New Builds Command Premium Gander recorded 121 residential sales through September 2026 at a median price of $335,000. New construction accounted for 16% of those sales at a significantly higher median price. Published 2026-10-11. Evidence snapshot 2026-10-11. ## Market summary Gander recorded 121 residential sales through September 2026 at a median price of $335,000. New construction accounted for 16% of those sales at a significantly higher median price. ## Central finding Gander's resale market remains balanced with flat year-over-year prices and moderate inventory, while new construction represents a distinct, higher-priced segment that influences overall average sale prices. Sources: [Gander MLS® Market Statistics , Real Estate Data](https://realestategander.com/pages/gander-mls-market-stats.html) [Gander Real Estate · 5.0★ · Royal LePage Turner Realty](https://realestategander.com/index.html) ## Resale Prices Stable Amid Modest Volume Decline Gander recorded 121 residential sales from January through September 2026, representing a 2% decrease compared to the same period last year. The median sale price held steady at $335,000, while the average sale price reached $341,212 according to NLAR MLS data collected in October 2026. This stability suggests that despite slightly fewer transactions, pricing power remained consistent for sellers during the first three quarters of the year. Inventory levels stood at 4.0 months of supply as of the October 2026 snapshot, a level typically associated with a balanced to slightly seller-favoured market. Homes sold in September averaged 38.4 days on market, which was faster than the previous year's pace. These indicators point to a market where well-priced properties continue to move efficiently without requiring significant concessions from sellers. Sources: [Gander MLS® Market Statistics , Real Estate Data](https://realestategander.com/pages/gander-mls-market-stats.html) ## New Construction Drives Higher Average Sale Prices Twenty-three newly built homes sold in Gander between January and September 2026, accounting for approximately 16% of all residential sales in the city. The median price for these new builds was $450,000, substantially higher than the $335,000 median for resale properties. This premium reflects the cost of modern construction standards and features that differentiate new stock from the existing housing base. The inclusion of new construction elevates the overall average sale price to $341,212, creating a gap between the mean and median values. Buyers seeking entry-level options may find the resale segment more accessible, while those prioritizing newer amenities face a higher price threshold. This segmentation means that aggregate price statistics must be interpreted carefully to avoid overstating the typical cost of an existing home in Gander. Sources: [Gander Real Estate · 5.0★ · Royal LePage Turner Realty](https://realestategander.com/index.html) [Gander MLS® Market Statistics , Real Estate Data](https://realestategander.com/pages/gander-mls-market-stats.html) ## The strongest counter-case The Gander Loop area, a broader geographic scope including surrounding communities, shows a buyer's market with 12.6 months of supply and lower median prices, indicating that Gander city proper does not reflect all regional conditions. Sources: [Gander Loop Real Estate Market Statistics](https://realestategander.com/pages/gander-loop-market-stats.html) ## Next 3 months, January 2027 Prices: flat. 0% Why: Current 4.0 months of supply supports stable pricing; no immediate supply shock indicated. Buyers: either way. Balanced market allows negotiation but limited selection pressure. Sellers: either way. Well-priced homes sell within 40 days; timing is flexible. Watch: Increase in active listings above 5 months of supply would signal softening. Confidence: moderate. Sources: [Gander MLS® Market Statistics , Real Estate Data](https://realestategander.com/pages/gander-mls-market-stats.html) ## Next 6 months, April 2027 Prices: flat. 0% Why: Seasonal spring listing increases may test inventory levels, but current absorption rates suggest equilibrium. Buyers: wait. Spring inventory surge may offer more choice without price drops. Sellers: either way. Spring is peak season; pricing accuracy is critical to avoid overhang. Watch: Sustained drop in sales-to-new-listings ratio below 40% would indicate buyer leverage. Confidence: moderate. Sources: [Gander MLS® Market Statistics , Real Estate Data](https://realestategander.com/pages/gander-mls-market-stats.html) ## Next 12 months, October 2027 Prices: rising. 2% Why: If new construction delivery continues at current pace, it may tighten effective resale supply, supporting modest appreciation. Buyers: wait. Potential for better selection if inventory normalizes; low confidence in rapid appreciation. Sellers: either way. Long-term trend favors holding if supply remains constrained. Watch: A significant increase in resale inventory or decline in new build completions would reverse this view. Confidence: low. Sources: [Gander Real Estate · 5.0★ · Royal LePage Turner Realty](https://realestategander.com/index.html) Assumptions: No major changes to provincial mortgage rules or interest rates occur in the next 12 months; New construction deliveries remain consistent with the 23 units sold in Jan-Sep 2026. What would reverse this: A sudden influx of resale listings pushing inventory above 6 months would shift the market to buyer-favourable, potentially lowering prices. Sources: [Gander MLS® Market Statistics , Real Estate Data](https://realestategander.com/pages/gander-mls-market-stats.html) ## Sources - [Gander MLS® Market Statistics , Real Estate Data](https://realestategander.com/pages/gander-mls-market-stats.html): Source reference date 10 October 2026 (observation period not stated). Scope: city, Gander, NL. - [Gander Real Estate · 5.0★ · Royal LePage Turner Realty](https://realestategander.com/index.html): Source reference date 10 October 2026 (observation period not stated). Scope: city, Gander, NL. - [Gander Loop Real Estate Market Statistics](https://realestategander.com/pages/gander-loop-market-stats.html): Source reference date 10 October 2026 (observation period not stated). Scope: city, Gander, NL. Prepared by Aurynge with AI-assisted research and writing. See /methodology for the evidence and publication policy.