Average House Price for homes in St. John’s, Mount Pearl, Paradise and surrounding real estate areas for January 2013

February 6, 2013 · Filed Under First Time Buyers, Monthly MLS Stats and St. John's Real Estate · Comments Off 

housing-price-graphTotal # of MLS Listings [Jan] = 861 (based on residential stats)

Total # of Sales [Jan] = 251

Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 3409

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

 

St. John’s Real Estate: Listings = 191 Sales = 55 Sales/Listings Ratio = 29%
Average sale price for a home in St. John’s: $318,254 for the month of January and the 12 month average $310,263

Mount Pearl Real Estate: Listings = 33 Sales = 5 Sales/Listings Ratio = 15%
Average Sale Price (12 month average): $261,847

Paradise Real Estate: Listings =54 Sales = 13 Sales/Listings Ratio =24%
Average Sale Price (12 month average): $328,233

East Extern Real Estate: Listings = 57 Sales = 10 Sales/Listings Ratio = 18%
Average Sale Price (12 month average): $338,079

Conception Bay South Real Estate: Listings = 47 Sales = 19 Sales/Listings Ratio = 40%
Average Sale Price (12 month average): $289,666

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

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 

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.

New Listing in Mount Pearl – 189 Park Ave

July 5, 2011 · Filed Under Mount Pearl Real Estate and New MLS Listings · 2 Comments 

**SOLD** 189 Park Ave is a well maintained bungalow with many upgrades over the last few years (vinyl windows, vinyl siding, roof covering, exterior doors, trim package, outside deck) The electrical service was upgraded within the last three years to a 200 amp service and has electric heat. Large eat in kitchen with oak cabinets. Living room and hallway has hardwood floors and there is ceramic flooring in the kitchen and porch. The main floor has two bedrooms and a small den. Main floor laundry. Located on a large lot with mature trees and plenty of potential for a gardener. Pride of ownership is evident. Asking price is $194,900 REDUCED: $189,900.  Contact Fraser or Stephen Winters for more information.

Click here for a virtual tour of 189 Park Ave

St. John’s Real Estate Market Posts Strong First Quarter in 2010

May 17, 2010 · Filed Under CMHC Reports, Market Trends and St. John's Real Estate · Comments Off 

Historically low mortgage rates, combined with strong economic and demographic trends, buoyed local demand for housing in the first quarter of this year.  January to March housing starts posted record results, while existing home sales and prices both continued to advance.

Overall, the St. John’s real estate market was supported by growth in  employment,  income and population, healthy consumer spending and on-going economic momentum spurred by the local oil sector.

Residential construction activity posted record results during the January to March period, due in part to an unseasonably mild winter.  New home prices also advanced in line with  the general market trend.  First quarter housing starts activity increased 15 per cent, with 246 starts versus 214 in 2009’s first quarter.  Single-detached starts increased by 23 units  or 20 per cent, with 199 starts recorded versus 166 during the first three months of last year.

The multiple starts segment was flat, with 47 starts during the quarter compared to 48 a year ago.  The only sub-market which reported increased construction activity was the St. John’s City submarket during the January to March period (104 starts compared to 88 a year ago), with Mount Pearl posting 15 starts versus 17 during 2009’s first quarter and Paradise recording 62 versus 65 a year ago.  Conception Bay South (CBS) recorded 22 starts in the first quarter, consistent with 2009’s first quarter while starts in Torbay remained flat after this first quarter with 14. In the remainder of the CMA, starts increased from eight in the first three months of 2009 to 29 this year.

Price growth continued, with the average new house price increasing in all submarkets. In fact, the average price of a new home surpassed the $325,000 mark in St. John’s City and the $350,000 mark in Torbay. Average sales price ($354,333) and average sales growth (26.4 per cent) were highest in the Torbay submarket of the St. John’s CMA. The average new single-detached house price for the overall St. John’s CMA increased nearly 20 per cent to a record $311,638 compared to $259,990 during the first quarter of 2009. CBS  posted the lowest average new house price of $248,328 during the quarter. Paradise had the second highest rate of new house price growth in the first quarter at 25.1 per cent to  $333,388.

Throughout the St. John’s area, approximately 47 per cent of all new construction activity fell within the $300,000 plus range during the quarter.  The largest growth in market share occurred in the $400,000+ segment.  Overall, new home price growth remained brisk throughout the quarter.

SOURCE: CMHC Housing Now St. John’s CMA

Mount Pearl Home for sale – 26 Michener Ave

June 16, 2009 · Filed Under Mount Pearl Real Estate and New MLS Listings · Comments Off 

26michener** SOLD ** New listing in Mount Pearl. This fantastic home with essentially nothing to do but move in!  A great little property with vinyl windows, vinyl siding, some new laminate flooring and a new recroom in basement. Main floor family room is bright and cozy. 3 bedrooms on second floor. Main bathroom has lots of upgrades. Front and rear deck as well as a fenced rear yard. Asking price is $144,900.  MLS # 144825 Call Stephen or Fraser Winters for more information.  709.682.9045 or 709.682.9245

December St. John’s Newfoundland MLS stats

January 6, 2009 · Filed Under Market Trends and Monthly MLS Stats · Comments Off 

December is typically a slower month for real estate and the stats for this month show it.  Christmas, and the preparation for Christmas takes up most of the month.  For the most part, the buying and selling of homes is left to those that have no choice but to keep the house hunting active.

This month, Newfoundland’s Real Estate MLS housing price break down is showing a whopping 18% decrease in sales while listings this month show an increase of 16%.  Year to date, listings are up slightly by 3% and sales up 7% compared to this time last year.

Total # of New MLS Listings [Dec] = 357

Total # of Sales [Dec] = 312

Number of Active Listings in the NLAR MLS System = 2065

The average price of a home in the St. John’s Real Estate market is now $195,970  2008.  Compared to $173,844 YTD for 2007.  Note this is for ALL Newfoundland (nlar.ca)

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

St. John’s Real Estate: Listings = 73  Sales = 5 Sales/Listings Ratio = 7%

Average Sale Price: $202,896

Mount Pearl Real Estate: Listings = 11 Sales = 0% Sales/Listings Ratio = 0%

Average Sale Price: no sales for this month so $190,662 is YTD

Paradise Real Estate: Listings =29 Sales = 2 Sales/Listings Ratio =7%

Average Sale Price: $273,850

East Extern Real Estate: Listings = 14 Sales = 3   Sales/Listings Ratio = 21%

Average Sale Price: $225,674

Conception Bay Real Estate: Listings = 15   Sales = 1  Sales/Listings Ratio = 7%

Average Sale Price: $201,814

The yard to date sales/listings ratio is 54%

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