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St. John's Newfoundland is one of North America’s oldest cities. Spectacular coastlines, panoramic views, outdoor adventure, rich history and culture await all who live here.
Stephen & Fraser Winters your RE/MAX real estate agents for St. John's. Buying, selling or relocating to St. John's Newfoundland? Put the successful Father and Son Realtor team to work for you. Fraser and Stephen will show you the smart approach to buying and selling St. John's Real Estate.
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STEPHEN 709.682.9045
FRASER 709.682.9245
Looking to buy a home in St. John’s? Relocating from another city to St. John's? Fraser and Stephen Winters are here to help you! Whether you are buying or selling, take advantage of our free St. John's real estate market reports and access to the St. John's area MLS.
Since Chevron signed the multibillion-dollar memorandum of understanding to develop the Hebron offshore oilfield project back in August 2007, St. John's real estate and surrounding areas have gained favorable optimism and increases in residential homes. Looking to sell you home for TOP DOLLAR? Contact Fraser and Stephen Winters for your free, confidential Home Market Evaluation
This real estate blog is written by Fraser & Stephen Winters. We both are full time successful top producing RE/MAX Realtors in St. John's, Newfoundland. The information contained on this website is from sources believed to be reliable. However, it may be incorrect. This information should not be relied upon without personal verification. We assume no responsibility for its accuracy. This information is not intended to solicit clients already under contract. For more information about us visit our website.
Looking for neighborhoods or school information for a particular street in St. John's or Mount Pearl? We can help you find the right neighborhood by browsing information on schools and property values and much more.
Executive Home for sale in Paradise – 26 Clarke’s Hillview Street
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
St. John’s Real Estate Market Posts Strong First Quarter in 2010
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
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
New listing Paradise – 80 Goldfinch Drive
Just like new two-storey, three bedroom home in Sunset Gardens, Paradise. Eat-in kitchen with door leading to padio deck. Hardwood throughout most of main floor. Master bedroom has three piece ensuite and walk-in closet. Main floor half bathroom. This property has rear yard access. Undeveloped full sized basement with lots of potential.
Asking price: $229,900
Call Fraser & Stephen Winters for more information.
October Newfoundland Real Estate MLS Stats
The monthly Newfoundland Real Estate MLS housing price break down is showing a 1% decrease in listings this month and an increase of 21% in home purchases. Year to date, listings are up slightly by 1% and sales up 14% compared to this time last year. Interestingly, the total dollar value in sales was up 47% for the month of October.
Total # of New MLS Listings [Oct] = 764
Total # of Sales [Oct] = 636
Number of Active Listings in the NLAR MLS System = 2595
The average price of a home in the St. John’s Real Estate market is now $187,636 year to date for 2008. Compared to $167,847 YTD for 2007. Remember this is for ALL Newfoundland (nlar.ca)
Here is a break down by area for the month of October
St. John’s Real Estate: Listings = 186 Sales = 136 Sales/Listings Ratio = 73%
Average Sale Price: $202,896
Mount Pearl Real Estate: Listings = 15 Sales = 17 Sales/Listings Ratio = 113%
Average Sale Price: $186,612
Paradise Real Estate: Listings =31 Sales = 36 Sales/Listings Ratio =116%
Average Sale Price: $234,681
East Extern Real Estate: Listings = 28 Sales = 32 Sales/Listings Ratio = 114%
Average Sale Price: $219,193
Conception Bay Real Estate: Listings = 47 Sales = 40 Sales/Listings Ratio = 85%
Average Sale Price: $231,552
New listing in Paradise – 154 Elizabeth Drive
New listing on 154 Elizabeth Drive in Paradise. Fully developed 4 year old home with rear yard access to 16×20 detached garage. Eat-in country style kitchen with birch cabinets. Hardwood floors throughout main with porcelain tile in porch, kitchen and bathroom. Basement fully completed with separate den, large rec room and bathroom. Rec room has rough in for wet bar. Garage is insulated and fully wired. Landscaped, fenced and greenbelt at rear. Shows like new!! Asking price $245,900. Call Fraser or Stephen Winters for more information or a private viewing. 682-9245 or 682-9045.
Canadian Real Estate News Roundup
It’s the middle of the week and after having brutal weather, very high winds and approximately 65mm of rain I had a little time to surf the web. 
Below are a couple of real estate related articles and news clips I stumbled upon. Enjoy!
- Looking for a couple quick and simple kitchen reno ideas? Lazy Man and Money has a post on his blog on the topic of Easy and Cheap Home Remodels.
- A proposed 85 lot Subdivision off St. Thomas Line in Paradise gets heated over the future of the town.
- Toss the dice, spin the wheel….buy a raffle ticket to win your American dream home.
- A condo can be extremely exciting & stressful to purchase. Become familiar with purchasing a condo in St. John’s with this complete buyer’s condo checklist.
- Urban housing starts increased during September, according to preliminary data released today by Canada Mortgage and Housing Corporation. Read more on the article St. John’s Housing Starts Increase in September and see the break down for other cities in Newfoundland.
Recommended Real Estate Links
- Fraser and Stephen Winters
- Remax St.John's
- Terry Kelly
- St. John's MLS Listings
- Carter Home Designs
- St. John's Newspaper
- VOCM Local News
- CBC Newfoundland
- Eastern School District
- St. John's Weather
- St. John's Board of Trade
Real Estate Sites
- Search MLS.ca
- St. John's Listings
- Globe & Mail Real Estate
- Real Estate Blogs Directory
- Canadian real estate
- Home Builders Association
- Atlantic Home Warranty
- Homeplus Online
Recent Entries
- Cabin for Sale on Northern Rocky Pond – Southern Shore Newfoundland
- St. John’s Newfoundland Real Estate July MLS Stats
- St. John’s Real Estate July Housing Starts
- New listings near downtown St. John’s 37 Golf Ave
- Investment property in St. John’s near Memorial University of Newfoundland – 39 Weymouth
- RE/MAX St. John’s & Area Market Share for January to June 2010
- New Listing in Bauline 47a Pouch Cove Line – $209,900
- CMHC St. John’s Area June Housing Starts
- St. John’s Newfoundland Real Estate June MLS Stats
- Executive Home for sale in Paradise – 26 Clarke’s Hillview Street
Mortgage Rates
