St. John’s Newfoundland MLS Stats for November
Supply and demand for real estate in St. John’s and surrounding areas are getting fairly well balanced. Over all for the 2010 year we are up 6% on listings and flat on total sales. The majority of properties sold this month were evenly split between $150,000 to $249,900 and $250,000 to $349,900. That being said the number of listings this month is up 32% from last November and the sales are down 21%. Along with this we had 401 expired listings this month, up 18% from last year. Again I will say: proper pricing on your home is key in this market and will be the same trend in 2011.
Total # of new MLS Listings [November] = 595 (based on residential stats)
Total # of Sales [November] = 366
Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 3519
Here is a break down by area for the month of November
St. John’s Real Estate: Listings = 129 Sales = 87 Sales/Listings Ratio = 67%
Average price for a home in St. John’s: $276,910 for the month of November and the 12 month average $276,596
Mount Pearl Real Estate: Listings = 23 Sales = 11 Sales/Listings Ratio = 48%
Average Sale Price (12 month average): $242,577
Paradise Real Estate: Listings =46 Sales = 27 Sales/Listings Ratio =59%
Average Sale Price (12 month average): $294,424
East Extern Real Estate: Listings = 35 Sales = 13 Sales/Listings Ratio = 37%
Average Sale Price (12 month average): $284,647
Conception Bay South Real Estate: Listings = 43 Sales = 22 Sales/Listings Ratio = 51%
Average Sale Price (12 month average): $248,663
St. John’s Newfoundland Real Estate June MLS Stats
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
Newfoundland Real Estate March Stats
The number of listings were up for the month of March by 13% compared to March 2009. Sales as well are up by 25% year to date compared to last year. Interestingly the average house price for St. John’s dropped slightly last month by almost $5000 compared to February’s MLS listing averages. The twelve month overall average for St. John’s is still increasing with a figure of $243,532. There was a fair number of buying/selling activity in between 260k and 350k last month. With the spring market upon us we will start to see increased activity from both buyers and sellers.
Total # of new MLS Listings [Mar] =933 (based on residential stats)
Total # of Sales [Mar] = 336
Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 3020 (residential only)
Here is a break down by area for the month of March
St. John’s Real Estate: Listings = 181 Sales = 89 Sales/Listings Ratio = 49%
Average Sale Price is St. John’s: $266,336 for the month of March and the 12 month average $243,532
Mount Pearl Real Estate: Listings = 19 Sales = 9 Sales/Listings Ratio = 47%
Average Sale Price (12 month average): $221,094
Paradise Real Estate: Listings =60 Sales = 31 Sales/Listings Ratio =52%
Average Sale Price (12 month average): $271,002
East Extern Real Estate: Listings = 31 Sales = 17 Sales/Listings Ratio = 55%
Average Sale Price (12 month average): $266,462
Conception Bay South Real Estate: Listings = 49 Sales = 22 Sales/Listings Ratio = 45%
Average Sale Price (12 month average): $228,770
Newfoundland Real Estate Stats for October

CMHC released their Third quarter data for Newfoundland MLS Real estate the other day. As expected, we are officially in a balanced market now within the St. John’s Real Estate area. New MLS listings edged down once again, as did the number of sales compared to September’s Newfoundland Real Estate Stats. New listings were on par with 2008’s third quarter, but with available inventory 27% higher, this gives buyers more time to shop and compare houses. Total number of houses that expired in October was up 53% since October of last year. Having your house priced correctly is KEY in this market.
Total # of new MLS Listings [Oct] =397 (based on residential stats)
Total # of Sales [Oct] = 325
Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 1829 (residential only)
Here is a break down by area for the month of October
St. John’s Real Estate: Listings = 167 Sales = 132 Sales/Listings Ratio = 79%
Average Sale Price is St. John’s: $217,032 for the month of October
Mount Pearl Real Estate: Listings = 26 Sales = 23 Sales/Listings Ratio = 88%
Average Sale Price: $218,681
Paradise Real Estate: Listings =40 Sales = 41 Sales/Listings Ratio =102%
Average Sale Price: $262,591
East Extern Real Estate: Listings = 28 Sales = 19 Sales/Listings Ratio = 68%
Average Sale Price: $249,459
Conception Bay South Real Estate: Listings = 45 Sales = 31 Sales/Listings Ratio = 69%
Average Sale Price: $216,627
Newfoundland Real Estate Stats for September

September appeared to be a fairly balanced month for the St. John’s Real Estate market. New MLS listings edged ever so slightly down, as did the number of sales compared to August’s Newfoundland Real Estate Stats. Both the Canadian Real Estate Association and RE/MAX released reports last month indicating strong housing sales and positive real estate markets throughout Canada. Here in St. John’s our 12 month average price for a home is $228,325 (single family home). Huge increases if you compare past Newfoundland average housing prices of $170,482 for 2008 and $147,201 for 2007.
Total # of new MLS Listings [Sept] =462 (based on residential stats)
Total # of Sales [Sept] = 331
Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 2093 (residential only)
Here is a break down by area for the month of September
St. John’s Real Estate: Listings = 188 Sales = 135 Sales/Listings Ratio = 72%
Average Sale Price is St. John’s: $237,259 for the month of September
Mount Pearl Real Estate: Listings = 32 Sales = 20 Sales/Listings Ratio = 63%
Average Sale Price: $219,715
Paradise Real Estate: Listings =41 Sales = 38 Sales/Listings Ratio =93%
Average Sale Price: $281,817
East Extern Real Estate: Listings = 38 Sales = 27 Sales/Listings Ratio = 71%
Average Sale Price: $256,696
Conception Bay South Real Estate: Listings = 40 Sales = 26 Sales/Listings Ratio = 65%
Average Sale Price: $229,135
Relocating to St. John’s Newfoundland
We’ve been receiving a number of emails and phone calls from people looking to relocate to St. John’s recently. Seems to be a lot of Newfoundlanders looking to make the move back to The Rock and others from across Canada and the United States transferring to St. John’s for work and employment. A little different for Realtors in St. John’s, as we are normally assisting clients transferring and relocating to Toronto, Ottawa, Calgary or Fort Mac. It’s great to see the influx of people.
Remember, we are experts in relocation and would love to assist you with your move to St. John’s, Mount Pearl or any of the surrounding areas. Along with our complete relocation package we offer exceptional personal service to put your mind at ease. We will put you directly in touch with our local real estate market by providing you with new MLS listings emailed daily.
April Newfoundland Real Estate Stats
Total # of Listings [Apr] = 932 (Up 7% from April 2007)
Total # of Sales [Apr] = 332 (Up 24% from April 2007)
Number of Active Listings in the NLAR MLS System = 2430
Inventory this month but so did the number of sales.Expired listings have declined by 23% Properties are still selling VERY fast and multiple offers are common in this sellers market.
Here is a break down by area for the month of April for single family homes
St. John’s Real Estate: Listings = 155 Sales = 84 Sales/Listings Ratio = 54%
Average Sale Price: $173,530 ($184,730 for April)
Mount Pearl Real Estate: Listings = 36 Sales = 16 Sales/Listings Ratio = 49%
Average Sale Price: $153,657
Paradise Real Estate: Listings = 43 Sales = 26 Sales/Listings Ratio = 60%
Average Sale Price: $188,460
East Extern Real Estate: Listings = 41 Sales = 22 Sales/Listings Ratio = 54%
Average Sale Price: $189,484
Conception Bay Real Estate: Listings = 45 Sales = 21 Sales/Listings Ratio = 47%
Average Sale Price: $165,735










