New listings near downtown St. John’s 37 Golf Ave

July 30, 2010 · Filed Under First Time Buyers, New MLS Listings, St. John's Investments, St. John's MLS listings and St. John's Real Estate · Comment 

Great Location near downtown St. John’s.  37 Golf Ave – $159,900 Spacious 5 bedroom home with two bathrooms located within walking distance to Mun and close to St. Clare’s Hospital. Large deep lot. Main floor laundry. Hot Water Radiation heat. Mostly new vinyl windows. 125 Amp Breaker Panel. Off street parking. Great Investment property.  MLS:157071 Call Fraser or Stephen Winters for more information.

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Investment property in St. John’s near Memorial University of Newfoundland – 39 Weymouth

July 15, 2010 · Filed Under New MLS Listings, St. John's Investments, St. John's MLS listings and St. John's Real Estate · Comment 

Great investment property on the doorstep of Memorial University of Newfoundland (MUN). 39 Weymouth is a 2400 sqft fully developed 3 bedroom bungalow with a 2 bedroom inlaw suite in the basement. Within the past few years there have been numerous upgrades including new vinyl siding, vinyl windows and shingles. Hardwood floors throughout most of the main floor. Open concept family room / dining room separated by a wood burning fireplace. There is a large deck and mature trees providing lots of privacy in the backyard. Close to Health Sciences, MUN and the Avalon Mall. Asking price is $314,900  MLS: 156488

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RE/MAX St. John’s & Area Market Share for January to June 2010

July 14, 2010 · Filed Under Remax Newfoundland and Remax Reports · Comment 

remax st. john's real estate market share

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New Listing in Bauline 47a Pouch Cove Line – $209,900

July 13, 2010 · Filed Under New MLS Listings · Comment 

Large bungalow located on a private lot approx 7km from Torbay by-pass Road. Open concept kitchen boasts beautiful cherry wood cabinets. There is a country eat-in style dining room is adjacent family room, or can be used as a larger eat-in area/dining room. Great for entertaining. Three bedrooms and a separate living room. Two bathrooms (one with a jacuzzi tub). There is lots of hardwood and ceramic throughout this property. Asking price is $209,900

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CMHC St. John’s Area June Housing Starts

July 13, 2010 · Filed Under CMHC Reports, Market Trends and New Home Construction · Comment 

Urban housing starts increased during the month of June, according to preliminary data released by Canada Mortgage and Housing Corporation (CMHC). June’s housing starts totaled 232  throughout the St. John’s area versus 183 starts in June of 2009. There were  53 additional starts recorded outside the St. John’s area, for a total of  285 provincial urban starts compared to 230 last June. “The number of new homes started in June represents a significant increase compared to June 2009. Year-to-date starts are up 25 per cent within the St. John’s region,  with 822 starts recorded during the January to June period,” said Chris  Janes, senior market analyst with CMHC in Newfoundland and Labrador. “Healthy economic and demographic trends have supported new home demand during the first half of 2010,” added Janes. In urban centres across Canada, total housing starts increased 31 per cent with 15,345 recorded in June compared to 11,686 during June of 2009. Throughout Atlantic Canada, there were 1,012 urban housing starts posted versus 904 the  previous June, an increase of 12 per cent.

Complete news release can be found here

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St. John’s Newfoundland Real Estate June MLS Stats

July 12, 2010 · Filed Under Monthly MLS Stats and St. John's Real Estate · Comment 

The real estate market for St. John’s and surrounding areas saw slight increases in the number of listings on the market in June as well as the number of sales.  The number of expired listings are up a whopping 23% since the same month last year.  What’s the cause?  As I mentioned there are a lot of listings on the market so supply and demand would be a factor for sure.  The biggest reason is there are a lot of houses listed on MLS in the St. John’s real estate market that are over priced.

Total # of new MLS Listings [Jun] =1141 (based on residential stats)

Total # of Sales [Jun] = 483

Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 3777 (residential only)

Here is a break down by area for the month of June

St. John’s Real Estate: Listings = 220   Sales = 121 Sales/Listings Ratio = 55%

Average Sale Price is St. John’s: $264,848 for the month of June and the 12 month average $251,390

Mount Pearl Real Estate: Listings = 30 Sales = 13  Sales/Listings Ratio = 43%

Average Sale Price (12 month average): $224,158

Paradise Real Estate: Listings =70 Sales = 37 Sales/Listings Ratio =53%

Average Sale Price (12 month average): $278,250

East Extern Real Estate: Listings = 52 Sales = 15  Sales/Listings Ratio = 29%

Average Sale Price (12 month average): $271,421

Conception Bay South Real Estate: Listings = 58   Sales = 25  Sales/Listings Ratio = 43%

Average Sale Price (12 month average): $236,965

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Executive Home for sale in Paradise – 26 Clarke’s Hillview Street

July 11, 2010 · Filed Under New MLS Listings and Paradise Real Estate · 2 Comments 

Fraser and Stephen Winters have just listed an executive 3900 square foot 2 story home with premium finishes fixtures located on an oversized lot. 26 Clarke’s Hillview is located in Paradise.  (off Camrose Drive). This lovely new construction home has everything. Cherry hardwood floors throughout most of home. Ceramic floors in kitchen bathrooms. Maple hardwood stairs. Large open concept family room with propane fireplace leads into spacious eat in kitchen equipped with solid maple cabinets. There is a formal living room as well as a formal dining room. An oversized master bedroom with walkin closet and ensuite which consists of a corner standup shower, large soaker tub very functional double vanities. All door trims, door toppers, wide baseboard mouldings are made of pine. Crown mouldings can be found throughout most of the main floor. This property will be landscaped front and back and there will be a pave driveway (enough for 5 cars). On the right hand side a 6 foot high privacy fence will be installed. 16×12 pressure treated deck at rear.  Asking price is $434,900. MLS: 156309

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