St. John's Real Estate Blog

Cabin for Sale on Northern Rocky Pond – Southern Shore Newfoundland

Stephen Winters — Thu, 26 Aug 2010 00:25:46 +0000

Located right on the pond a 2 bedroom cabin plus a new 2 storey 20×24 detached building framed out for 3 bedroom plus bath on 2nd floor. Already wired with electricity and lots of vinyl windows. Bottom floor presently used a storage garage but could also be converted to livable space. Cabin nicely decorated with pine on the interior and has new vinyl windows. Absolute beautiful view of pond from deck. Floating wharf and lots of pond frontage. New septic in last 5 years. 125 amp electrical service. Only 40 minutes from city. Directions: Turn onto first entrance to Beachy Cove Road entering Tors Cove. Go 3.3km and turn right onto Northern Rocky Pond Road and go .5km. Follow signs. Asking price is $149,900. Call or email Fraser or Stephen Winters for more information.

St. John’s Newfoundland Real Estate July MLS Stats

Stephen Winters — Wed, 11 Aug 2010 12:23:34 +0000

As expected the real estate market for St. John’s and surrounding areas noticed a little slow down in July. Housing inventory appeared to be on the rise as well as the number of price reductions. The number of listings are up 4% this year compared to the same time last year and the number of sales are down 10%. Personally I think this is a little “blimp” in the market and should be no cause for concern. Majority of the houses sold in and around St. John’s were in the $260,000 to $349,900 range. There have been 6 houses that sold this year over the 1 million figure.

Total # of new MLS Listings [July] =1054 (based on residential stats)

Total # of Sales [July] = 522

Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 3937 (residential only)

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

St. John’s Real Estate: Listings = 199 Sales = 118 Sales/Listings Ratio = 59%

Average Sale Price is St. John’s: $281,912 for the month of July and the 12 month average $256,553

Mount Pearl Real Estate: Listings = 28 Sales = 22 Sales/Listings Ratio = 79%

Average Sale Price (12 month average): $226,224

Paradise Real Estate: Listings =64 Sales = 51 Sales/Listings Ratio =80%

Average Sale Price (12 month average): $278,293

East Extern Real Estate: Listings = 43 Sales = 32 Sales/Listings Ratio = 74%

Average Sale Price (12 month average): $277,410

Conception Bay South Real Estate: Listings = 47 Sales = 36 Sales/Listings Ratio = 77%

Average Sale Price (12 month average): $239,621

St. John’s Real Estate July Housing Starts

Stephen Winters — Tue, 10 Aug 2010 12:34:45 +0000

Just released from CMHC: Housing Now publications press release for housing starts in Newfoundland and Labrador.

“Urban housing starts decreased during the month of July, according to preliminary released today by Canada Mortgage and Housing Corporation (CMHC). July’s housing starts totaled 176 throughout the St. John’s area versus 216 starts in July of 2009. There were 19 additional starts recorded outside the St. John’s area, for a total of 195 provincial urban starts compared to 270 last July. Year to- date, starts remain positive, with 998 recorded in the St. John’s region versus 875 last year.

“July’s decline in the number of new homes started is in line with the current forecast and the expectation that starts will slow over the remainder of 2010,” said Chris Janes, senior market analyst with CMHC in Newfoundland and Labrador. “New home demand was steady in the first half of 2010, but will continue to be lower in the coming months, due to recent price growth and record high home prices,” added Janes.

In urban centres across Canada, total housing starts increased 34 per cent with 15,195 recorded in July compared to 11,313 during July of 2009. Throughout Atlantic Canada, there were 1,208 urban housing starts posted versus 954 the previous July, an increase of 27 per cent.”

The entire Housing Now release can be found here.

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

Stephen Winters — Fri, 30 Jul 2010 16:29:59 +0000

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.

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

Stephen Winters — Thu, 15 Jul 2010 15:54:19 +0000

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 REDUCED: $304,900 MLS: 156488

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

Stephen Winters — Wed, 14 Jul 2010 13:20:07 +0000

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

Stephen Winters — Tue, 13 Jul 2010 15:42:16 +0000

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

CMHC St. John’s Area June Housing Starts

Stephen Winters — Tue, 13 Jul 2010 15:38:17 +0000

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

St. John’s Newfoundland Real Estate June MLS Stats

Stephen Winters — Mon, 12 Jul 2010 09:29:34 +0000

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

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

Stephen Winters — Sun, 11 Jul 2010 23:01:26 +0000

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 $424,900 Reduced: $409,900. MLS: 156309

New home for sale in East End St. John’s – 76 Berteau

Stephen Winters — Tue, 29 Jun 2010 19:43:06 +0000

New Listing in St. John’s East End. 76 Berteau Ave is a three bedroom bungalow with in-house garage. This property has numerous renos including kitchen and bathroom. Hardwood ceramic floors on main. New propane fireplace and mantle. Family and laundry room in developed basement. Private back garden with large deck and mature trees. Asking price is $249,900. MLS:155838. Call Fraser or Stephen Winters for more information.