Average Housing prices for St. John’s – May

08 Jun

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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