Average St. John’s House Prices for July 2015

Summer has finally arrived in St. John’s and so has the Summer St. John’s Real Estate market. Price have remained fairly stable.  Listings are up just 2% year to date and the number of sales in July popped to 13% to bring the year to date sales up 1% overall.  Even the expired listings are coming back to “normal” levels.  Like the weather, the real estate market had a slower start to the year but both thankfully have seemed to heat up.

 

Total # of MLS Listings = 1498
Total # of Sales [July] = 583

Number of Active Listings for Sale in Newfoundland = 6163
Numbers are based on both residential and commercial listings/sales

Here is a break down by area for July:

St. John’s: Listings = 253 Sales = 120
Sales/Listings Ratio = 47%
St. John’s average house price: $322,545 for the month of July and the 12 month average $326,797

Mount Pearl: Listings = 39 Sales = 29
Sales/Listings Ratio = 74%
Mount Pearl Average house Price (12 month average): $297,212

Paradise: Listings = 69 Sales = 25
Sales/Listings Ratio = 36%
Paradise Average house Price (12 month average): $352,096

East Extern: Listings = 57 Sales = 20
Sales/Listings Ratio = 35%
East Extern Average house Price (12 month average): $385,644

Conception Bay South: Listings = 69 Sales = 44
Sales/Listings Ratio = 64%
CBS Average House Price (12 month average): $306,198

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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