Home for sale in St. John’s – 16 Oakridge Drive

July 8, 2014 · Filed Under New MLS Listings, St. John's East End, St. John's MLS listings and St. John's Real Estate · Comments Off 

house for sale st. john's** SALE PENDING ** 16 Oakridge Drive is located in a great neighborhood in the East End of St. John’s. Three bedrooms up and a fourth in the basement. Master bedroom has ensuite walk-in closet. Oak kitchen with a separate dining room and patio door leading to a large deck. Downstairs has a bedroom and a nicely finished family room with a wood burning stove. Lots of room in basement for more development as well. Landscaped and back garden fully fenced.  Close to Stavanger Drive and Clovelly. MLS 1104486  Asking $289,900. Contact Fraser or Stephen Winters for additional information.

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New Listing in East End St. John’s 58 Penney Cres

June 23, 2014 · Filed Under New MLS Listings, St. John's East End and St. John's Real Estate · Comments Off 

58 Penney cres east end st. john's ** SALE PENDING ** Well maintained split entry bungalow with 3 bedrooms on the main floor and 1 bedroom in the basement. Large open concept kitchen with eat in dining room. Patio door leading to a patio deck. Spacious living room with hardwood floors and a propane fireplace. The master bedroom has a 3 piece ensuite and walk-in closet. The basement includes a rec room, half bathroom, 4th bedroom and a large storage/utility room. The property is fully landscaped, has a baby barn in the rear yard and backs onto a green belt. Asking price $345,000  Contact Fraser or Stephen Winters for more information.

St. John’s Real Estate Average Home Prices for May 2014

June 2, 2014 · Filed Under Market Trends, Monthly MLS Stats and St. John's Real Estate · Comments Off 

Total # of MLS Listings [May]  = 1220
Total # of Sales [May] = 347 
Number of  Active Listings for Sale in Newfoundland = 5044

Numbers are based on both residential and commercial listings/sales

Here is a break down by area for May:

St. John’s Real Estate: Listings = 250  Sales = 84
Sales/Listings Ratio = 34%

Average sale price for a home in St. John’s: $338,480 for the month of May and the 12 month average $338,877

Mount Pearl Real Estate: Listings = 44 Sales = 20
Sales/Listings Ratio = 45%
Average Sale Price (12 month average): $289,196

Paradise Real Estate: Listings = 59 Sales = 30
Sales/Listings Ratio = 51%
Average Sale Price (12 month average): $354,100

East Extern Real Estate: Listings = 60 Sales = 22
Sales/Listings Ratio = 37%
Average Sale Price (12 month average): $370,870

Conception Bay South Real Estate: Listings = 67 Sales = 30 Sales/Listings Ratio = 45%
Average Sale Price (12 month average): $305,874

Fully Developed Home with Panoramic Views of St. John’s – 13 Oakridge Drive

May 17, 2014 · Filed Under New MLS Listings, St. John's East End, St. John's MLS listings and St. John's Real Estate · Comments Off 

13 Oakridge** SOLD ** 13 Oakridge Drive is multi level 3 bedroom home located in the east end of St. John’s.  It is fully developed with new flooring throughout. The kitchen has oak cabinets with a separate dining room. The large master bedroom has an ensuite with walk in closet. The family room is an open concept design with access to dining room. As well, it has access to the newly constructed patio where you can enjoy spectacular panoramic views. Roof shingles are only a few years old. Fully fenced. Close to the Stavanger Drive shopping area. Asking price is $294,900 MLS 1102203  Contact Fraser or Stephen Winters for more information. Click the image below for a “bigger picture” of the spectacular view of St. John’s.

 

panoramic view of st. john's

 

St. John’s Real Estate Average Home Prices for April 2014

May 13, 2014 · Filed Under St. John's Real Estate · Comments Off 

housing-price-graph

The number of listings in the St. John’s Real Estate Market where down again this month.  As I mentioned in last months stats posting this could be a possible little shift in the market.  It might be a little pre-mature yet as the listings are still up 5% year to date compared to 2013, however this is the second straight month with a decline in listings.  I am personally glad to start seeing some housing inventory “dry up”. 
 
I expect as we enter the spring market the negative double digit sales numbers should level out due to the amount of buyers out there currently window shopping.

One stat that I believe will remain relatively higher then the norm throughout 2014 is the number of expired homes. This is based on the fact of a higher number of over priced houses that are sitting on the market. Currently 18% of all homes listed on MLS in the St. John’s Real Estate market expire (don’t sell)

Total # of MLS Listings [Apr]  = 1137  Total # of Sales [Apr] = 279 

Number of  Active Listings for Sale in Newfoundland = 4629

Numbers are based on both residential and commercial listings/sales

Here is a break down by area for April:

St. John’s Real Estate: Listings = 180  Sales = 51  Sales/Listings Ratio = 28%

Average sale price for a home in St. John’s: $322,302 for the month of April and the 12 month average $336,181

Mount Pearl Real Estate: Listings = 24 Sales = 17 Sales/Listings Ratio = 71% Average Sale Price (12 month average): $295,117

Paradise Real Estate: Listings = 57 Sales = 16 Sales/Listings Ratio = 28% Average Sale Price (12 month average): $352,630

East Extern Real Estate: Listings = 49 Sales = 17 Sales/Listings Ratio = 35% Average Sale Price (12 month average): $372,628

Conception Bay South Real Estate: Listings = 44 Sales = 17 Sales/Listings Ratio = 39% Average Sale Price (12 month average): $305,636

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

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St. John’s Real Estate Average Housing Prices for March 2014

April 13, 2014 · Filed Under Market Trends, Monthly MLS Stats and St. John's Real Estate · Comments Off 

housing-price-graph

The St. John’s Real Estate Market for the month of March (2014) showed little change from the previous month with regards to price changes.  We are seeing fair number of price reductions on properties. (a good thing)  Listings were down slightly this month so this could quite possibly be a little shift in the market.  With all the inventory out there we really need some of it to “dry up”.  There are lots of buyers looking and inquiring but many are sitting on the fence.  Expired listings are down from last month but still 23% of listings are expiring. The total number of sales for the year are down 7% unchanged from February. 

Personally I expect once all this snow disappears we will start to see a slight shift in the St. John’s real estate market.  I don’t expect records numbers, however I think we will get back to a more balance real estate market.

 

Total # of MLS Listings [Mar]  = 947  Total # of Sales [Mar] = 273 

Number of  Active Listings for Sale in Newfoundland = 4261

Numbers are based on both residential and commercial listings/sales

Here is a break down by area for March:

St. John’s Real Estate: Listings = 147  Sales = 59  Sales/Listings Ratio = 40%

Average sale price for a home in St. John’s: $352,860 for the month of March and the 12 month average $334,331

Mount Pearl Real Estate: Listings = 35 Sales = 9 Sales/Listings Ratio = 26% Average Sale Price (12 month average): $297,417

Paradise Real Estate: Listings = 35 Sales = 16 Sales/Listings Ratio = 46% Average Sale Price (12 month average): $352,421

East Extern Real Estate: Listings = 54 Sales = 14 Sales/Listings Ratio = 26% Average Sale Price (12 month average): $370,422

Conception Bay South Real Estate: Listings = 43 Sales = 19 Sales/Listings Ratio = 44% Average Sale Price (12 month average): $305,946

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

Be sure to check us out on Twitter and Facebook.  Sign up for our newsletter as well.

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