Is Downsizing Right for You?

If you’re considering moving into a smaller home, here are some great questions to answer:

• Which rooms do you use the least in your home? Which ones do you use the most?

• Do you need a big garage, or could you use less space – and less clutter?

• Which areas in your home are used the least? Which are used the most?

• Where in your home do you spend the most time when you’re awake?

• What about your home do you consider irreplaceable, and what is more of a luxury?

Knowing what you’re willing to live with (or without!) is a good start to determining whether downsizing is right for you.

As your local RE/MAX agents, we’re available to help you find a house that fits you perfectly.  Call us today.

Average Home Prices in St. John’s for October 2014

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St. John’s Real Estate Average House Prices for October 2014

Total # of MLS Listings = 994
Total # of Sales [Oct] = 432

Number of Active Listings for Sale in Newfoundland = 5384
Numbers are based on both residential and commercial listings/sales

 

Here is a break down by area for October:
St. John’s: Listings = 240 Sales = 67
Sales/Listings Ratio = 28%
Average sale price for a home in St. John’s: $358,225 for the month of October and the 12 month average $346,513

Mount Pearl: Listings = 38 Sales = 16
Sales/Listings Ratio = 42%
Average Sale Price (12 month average): $300,476

Paradise: Listings = 63 Sales = 25
Sales/Listings Ratio = 40%
Average Sale Price (12 month average): $350,679

East Extern: Listings = 64 Sales = 20
Sales/Listings Ratio = 31%
Average Sale Price (12 month average): $404,049

Conception Bay South: Listings = 48 Sales = 35
Sales/Listings Ratio = 73%
Average Sale Price (12 month average): $303,353

Homes for Sale In Clovelly

clovellytrailsClovelly Trails subdivision is one of the most popular subdivisions in the east end of St. John’s.  The area offers well constructed homes by three of the top builders in St. John’s; Hann Construction, Erco Homes and New Victorian Homes.

Clovelly Trails has much to offer for the home owner.  Located right in your “backyard” is The Osprey. One of the best golf courses St. John’s has to offer.  Stavanger Drive (which loops around the Clovelly subdivision) offers shopping box stores, super markets, restaurants, coffee shops and easy access to the Outer Ring Road. Not to mention you are located 5 mins from the St. John’s Airport.

Homes for sale in Clovelly range from 350k up to a little over the 1 million dollar mark. The average price for a home in Clovelly would be approximately 450k. The houses typically sell quickly in this area due to it’s popularity.  It’s not uncommon for residences of the earlier subdivision phases to sell and build in one of the newer phases.  A bulk of the homes sold in the St. John’s Real Estate market come from this area. If you are curious to see what your home is worth in Clovelly, contact us for a free market evaluation.

Clovelly also is home to two 50 plus condominium complexes. An older complex (Manchester) is located in the early phase of the subdivision while newer detached bungalows are located in the new area of Osprey Landing.

The following schools are zoned for the families with children in Clovelly Trails.

Mary Queen of Peace (K – 6)
St. Paul’s Junior High (7 – 9)
Holy Heart of Mary (10 – 12)

For an up to date list of homes for sale in Clovelly or to inquire about the latest Clovelly market statistics be sure to contact us.  We’d be happy to assist you.

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St. John’s Real Estate Stats for September 2014

st. john's real estate prices

St. John’s Real Estate Stats for September 2014

Total # of MLS Listings = 1111
Total # of Sales [Sept] = 430

Number of Active Listings for Sale in Newfoundland = 5508
Numbers are based on both residential and commercial listings/sales

Here is a break down by area for September:
St. John’s: Listings = 291 Sales = 86
Sales/Listings Ratio = 30%
Average sale price for a home in St. John’s: $321,928 for the month of September and the 12 month average $345,988

Mount Pearl: Listings = 52 Sales = 17
Sales/Listings Ratio = 33%
Average Sale Price (12 month average): $298,465

Paradise: Listings = 77 Sales = 22
Sales/Listings Ratio = 29%
Average Sale Price (12 month average): $353,284

East Extern: Listings = 47 Sales = 21
Sales/Listings Ratio = 45%
Average Sale Price (12 month average): $402,665

Conception Bay South: Listings = 61 Sales = 25
Sales/Listings Ratio = 41%
Average Sale Price (12 month average): $304,576