Newfoundland Real Estate MLS Stats February

Buyers are taking advantage of favourable real estate market conditions around St. John’s and areas….sellers too are reaping the rewards. Multiple offers are a factor in our marketplace once again, with well-priced listings—especially around the $200k to $260k price range. Properties priced at market value will likely sell quickly for top dollar. The overall pressure on sales and price is significant across the board – and it’s not likely to subside unless more inventory comes on-stream. The Bank of Canada released today that it will keep it’s interest rate “as is” but hinted at the fact it will most likely increase in June/July due to Canada’s higher then expect latest GDP numbers.
Total # of new MLS Listings [Feb] =567 (based on residential stats)
Total # of Sales [Feb] = 259
Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 2650 (residential only)
Here is a break down by area for the month of February
St. John’s Real Estate: Listings = 117 Sales = 66 Sales/Listings Ratio = 56%
Average Sale Price is St. John’s: $270,742 for the month of February and the 12 month average $240,470
Mount Pearl Real Estate: Listings = 13 Sales = 7 Sales/Listings Ratio = 54%
Average Sale Price (12 month average): $218,063
Paradise Real Estate: Listings =64 Sales = 18 Sales/Listings Ratio =28%
Average Sale Price (12 month average): $268,980
East Extern Real Estate: Listings = 37 Sales = 14 Sales/Listings Ratio = 38%
Average Sale Price (12 month average): $259,371
Conception Bay South Real Estate: Listings = 48 Sales = 19 Sales/Listings Ratio = 40%
Average Sale Price (12 month average): $225,728
Home for Sale in Elizabeth Park Paradise – 106 Carlisle Drive
Just listed in Paradise in the popular Elizabeth Park subdivision, this very well maintained 5 year old split entry bungalow. Laminate flooring throughout most of main floor. Ceramic tiles in kitchen, porch and bathroom. Open concept eatin kitchen with adjoining family room. Fully fenced back yard with 10×12 PT deck. Basement is roughed in for apartment. Still under 7 year Atlantic Home Warranty. Asking price for 106 Carlisle Drive is $224,900. Call Fraser or Stephen Winters for more information. MLS LISTING # 145029
New listing Paradise – 80 Goldfinch Drive
Just like new two-storey, three bedroom home in Sunset Gardens, Paradise. Eat-in kitchen with door leading to padio deck. Hardwood throughout most of main floor. Master bedroom has three piece ensuite and walk-in closet. Main floor half bathroom. This property has rear yard access. Undeveloped full sized basement with lots of potential.
Asking price: $229,900
Call Fraser & Stephen Winters for more information.
New listing in Paradise – 154 Elizabeth Drive
New listing on 154 Elizabeth Drive in Paradise. Fully developed 4 year old home with rear yard access to 16×20 detached garage. Eat-in country style kitchen with birch cabinets. Hardwood floors throughout main with porcelain tile in porch, kitchen and bathroom. Basement fully completed with separate den, large rec room and bathroom. Rec room has rough in for wet bar. Garage is insulated and fully wired. Landscaped, fenced and greenbelt at rear. Shows like new!! Asking price $245,900. Call Fraser or Stephen Winters for more information or a private viewing. 682-9245 or 682-9045.











