Average House Prices for the St. John’s Real Estate Market September 2013

housing-price-graphTotal # of MLS Listings [Sept] = 847 (residential stats)

Total # of Sales [Sept] = 412 (residential stats)

Number of  Active Listings for  Sale in Newfoundland = 4649 (residential and non-residential)

Here is a break down by area for the month of Sept:

St. John’s Real Estate: Listings = 175 Sales = 91 Sales/Listings Ratio = 52%
Average sale price for a home in St. John’s: $321,039 for the month of Sept and the 12 month average $329,890

Mount Pearl Real Estate: Listings = 41 Sales = 31 Sales/Listings Ratio = 76%
Average Sale Price (12 month average): $295,421

Paradise Real Estate: Listings = 48 Sales = 31 Sales/Listings Ratio = 65%
Average Sale Price (12 month average): $346,137

East Extern Real Estate: Listings = 45 Sales = 17 Sales/Listings Ratio = 38%
Average Sale Price (12 month average): $364,767

Conception Bay South Real Estate: Listings = 59 Sales = 28 Sales/Listings Ratio = 47%
Average Sale Price (12 month average): $311,781

Total number of listings are up 10% year to date compared to last year.  Expired listings are up a whopping 41% for the month (15% for the year)  Sales were actually up 3% in September compared to last September however year to date the number of sales are down 10%. Again the sweet spot for sales are in the $260,00 to $349,999 range.

Don’t forget to contact us for a free market evaluation on your home.

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