Average St. John’s Real Estate House Prices for October 2013

November 1, 2013 · Filed Under Monthly MLS Stats and St. John's Real Estate · Comment 
Pin It

housing-price-graphTotal # of MLS Listings [Oct] = 866 (residential stats)

Total # of Sales [Oct] = 470 (residential stats)

Number of  Active Listings for  Sale in Newfoundland = 4566 (residential and non-residential)

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

St. John’s Real Estate: Listings = 196 Sales = 104 Sales/Listings Ratio = 53%
Average sale price for a home in St. John’s: $350,493 for the month of October and the 12 month average $330,294

Mount Pearl Real Estate: Listings = 31 Sales = 20 Sales/Listings Ratio = 65%
Average Sale Price (12 month average): $294,560

Paradise Real Estate: Listings = 56 Sales = 32 Sales/Listings Ratio = 57%
Average Sale Price (12 month average): $348,613

East Extern Real Estate: Listings = 54 Sales = 13 Sales/Listings Ratio = 24%
Average Sale Price (12 month average): $368,851

Conception Bay South Real Estate: Listings = 60 Sales = 42 Sales/Listings Ratio = 70%
Average Sale Price (12 month average): $312,881

Total number of listings are up 10% year to date compared to last year. No real change in the past few months.  Expired listings are up 41% again for the month (14% for the year)  There was an increase in sales for the month of  October.  Sales were up 12% compared to last October yet down 8% year to date.  Again the sweet spot for sales in the St. John’s Real Estate market are in the $260,00 to $349,999 range accounting for 142 sales during October.

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

 

Average House price for the St. John’s Real Estate Market – May 2013

June 7, 2013 · Filed Under Market Trends and Monthly MLS Stats · Comment 
Pin It

housing-price-graphTotal # of MLS Listings [May] = 1358 (residential stats)

Total # of Sales [May] = 349 (residential)

Number of  Homes For Sale in Newfoundland = 4555

 

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

St. John’s Real Estate: Listings = 241 Sales = 90 Sales/Listings Ratio = 37%
Average sale price for a home in St. John’s: $314,498 for the month of May and the 12 month average $317,500

Mount Pearl Real Estate: Listings = 35 Sales = 21 Sales/Listings Ratio = 60%
Average Sale Price (12 month average): $287,617

Paradise Real Estate: Listings =90 Sales = 23 Sales/Listings Ratio =26%
Average Sale Price (12 month average): $337,775

East Extern Real Estate: Listings = 49 Sales = 18 Sales/Listings Ratio = 37%
Average Sale Price (12 month average): $354,219

Conception Bay South Real Estate: Listings = 53 Sales = 20 Sales/Listings Ratio = 38%
Average Sale Price (12 month average): $295,429

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

Home for sale in Mount Pearl -12 Bettney Place

April 19, 2013 · Filed Under Mount Pearl Real Estate, New MLS Listings, St. John's MLS listings and St. John's Real Estate · Comments Off 
Pin It

** SOLD ** 12 Bettney Place is a Fully developed Victorian two story located on an over sized corner cul de sac lot with southern exposure. Hardwood flooring throughout most of the main floor. Cozy Living room with a propane fireplace. There is an open concept eat in kitchen and separate dining area. The top floor consists of three bedrooms and a full bathroom. The master bedroom has an ensuite and walk-in closet. Fully developed basement with a large rec-room. The storage room has a separate exterior door. The back yard is fully fenced, well landscaped and has a large shed at the rear. Pride of ownership shows in this home. Asking price is $322,900. For more information call Fraser or Stephen Winters

 

St. John’s Newfoundland MLS Stats for May 2012

June 8, 2012 · Filed Under Monthly MLS Stats and St. John's Real Estate · Comments Off 
Pin It

Total # of MLS Listings [May] = 1015 (based on residential stats)

Total # of Sales [May] = 517

Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 4192

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

St. John’s Real Estate: Listings = 235 Sales = 138 Sales/Listings Ratio = 59%
Average sale price for a home in St. John’s: $280,274 for the month of May and the 12 month average $296,950

Mount Pearl Real Estate: Listings = 35 Sales = 28 Sales/Listings Ratio = 80%
Average Sale Price (12 month average): $253,352

Paradise Real Estate: Listings =87 Sales = 41 Sales/Listings Ratio =47%
Average Sale Price (12 month average): $323,884

East Extern Real Estate: Listings = 58 Sales = 37 Sales/Listings Ratio = 64%
Average Sale Price (12 month average): $329,790

Conception Bay South Real Estate: Listings = 56 Sales = 46 Sales/Listings Ratio = 82%
Average Sale Price (12 month average): $280,946

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

St.John’s Newfoundland MLS Stats for February 2012

March 12, 2012 · Filed Under Monthly MLS Stats and St. John's Real Estate · Comments Off 
Pin It

Total # of MLS Listings [February] = 801  (based on residential stats)

Total # of Sales [February] = 261

Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 3351

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

St. John’s Real Estate: Listings = 135   Sales = 66 Sales/Listings Ratio = 49%
Average sale price for a home in St. John’s: $289,522 for the month of February and the 12 month average $294,750

Mount Pearl Real Estate: Listings = 23 Sales = 13  Sales/Listings Ratio = 57%
Average Sale Price (12 month average): $257,804

Paradise Real Estate: Listings =49 Sales = 25 Sales/Listings Ratio =51%
Average Sale Price (12 month average): $329,227

East Extern Real Estate: Listings = 33 Sales = 7  Sales/Listings Ratio = 21%
Average Sale Price (12 month average): $323,543

Conception Bay South Real Estate: Listings = 38   Sales = 14  Sales/Listings Ratio = 37%
Average Sale Price (12 month average): $277,411

 

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

St. John’s Newfoundland MLS Stats for January 2012

February 9, 2012 · Filed Under Market Trends, Monthly MLS Stats and St. John's Real Estate · Comments Off 
Pin It

Total # of MLS Listings [January] = 888  (based on residential stats)

Total # of Sales [January] = 249
Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 3128

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

St. John’s Real Estate: Listings = 153   Sales = 63 Sales/Listings Ratio = 41%
Average sale price for a home in St. John’s: $315,131 for the month of January and the 12 month average $293,578

Mount Pearl Real Estate: Listings = 14 Sales = 11  Sales/Listings Ratio = 79%
Average Sale Price (12 month average): $259,241

Paradise Real Estate: Listings =56 Sales = 25 Sales/Listings Ratio =45%
Average Sale Price (12 month average): $327,876

East Extern Real Estate: Listings = 52 Sales = 15  Sales/Listings Ratio = 29%
Average Sale Price (12 month average): $322,598

Conception Bay South Real Estate: Listings = 42   Sales = 14  Sales/Listings Ratio = 33%
Average Sale Price (12 month average): $274,610

New home construction activity was similar to last year’s activity  throughout the St. John’s area during the fourth quarter and new home prices advanced. Total housing starts were 478 versus 488 in 2010’s fourth quarter.

The average new single-detached house price increased in all submarkets during the fourth quarter. The overall average new house price for the St. John’s CMA was $351,305, an increase of 7.9 per cent compared to $325,436 recorded during the fourth quarter of 2010.
Led by larger custom built homes, the average sale price was highest in Torbay at $400,999, up 13.3 per cent. CBS posted an average new house price of $302,250 during the quarter, up 11 per cent; Paradise saw a 9.1 per cent gain to $369,560; Mount Pearl was flat, with an average price of $286,920; St. John’s City posted a 5.4 per cent increase to $362,302; while the remainder of the CMA increased 13.8 per cent – the highest of all submarkets – to $351,305 compared to the fourth quarter of 2010.

As I mentioned last month, there are still a lot of buyers in the market place. RE/MAX’s Canadian Housing Market Estimates for 2012 state that we should see a 5% increase in housing price for St. John’s and surrounding area this year.

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

Next Page »