Number of active listings in the St. John’s Metro real estate market are up 7% so far for 2016 along with the number of sales which are up 1%. Sales for the month of May compared to last year are was up by 3%. We came off a slower first quarter to 2016 but the second quarter spring market appears to be picking up stream.
Total # of MLS Listings = 1561
Total # of Sales [May] = 369
Number of Active Listings in Newfoundland = 5805
Here is a break down by area for May
Homes for sale in St. John’s = 233 Sales = 65
Sales/Listings Ratio = 28%
St. John’s average house price: $292,747 for the month of May and the 12 month average $313,204
Mount Pearl: Listings = 39 Sales = 20
Sales/Listings Ratio = 51%
Mount Pearl Average house Price (12 month average): $290,317
Paradise: Listings = 73 Sales = 20
Sales/Listings Ratio = 27%
Paradise Average house Price (12 month average): $347,375
East Extern: Listings = 72 Sales = 15
Sales/Listings Ratio = 21%
East Extern Average house Price (12 month average): $396,087
Conception Bay South: Listings = 85 Sales = 30
Sales/Listings Ratio = 35%
CBS Average House Price (12 month average): $299,314
How does your home compare to the St. John’s average house price? For a free Market Assessment on your property please contact us. We would be more then happy to assist you and show you how to get top dollar in this changing St. John’s Market.
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