Average St. John’s House Prices April 2015

Average St. John’s House Prices for April 2015

What’s more exciting then last weeks HST budget hike or the Mayweather vs Pacquiao boxing match?  You guess it….a complete breakdown of the average St. John’s House Prices for April.

We are well into the spring market and things are taking off once again as they normally do this time of year. Listings and sales are up for the year as well as the average house prices.

Graph

 

 

Total # of MLS Listings = 1003
Total # of Sales [Apr] = 278

Number of Active Listings for Sale in Newfoundland = 4756
Numbers are based on both residential and commercial listings/sales

 

Here is a break down by area for April:

St. John’s: Listings = 205 Sales = 63
Sales/Listings Ratio = 31%
St. John’s average house price: $314,684 for the month of April and the 12 month average $339,200

Mount Pearl: Listings = 33 Sales = 15
Sales/Listings Ratio = 45%
Mount Pearl Average house Price (12 month average): $289,308

Paradise: Listings = 62 Sales = 21
Sales/Listings Ratio = 34%
Paradise Average house Price (12 month average): $353,028

East Extern: Listings = 66 Sales = 12
Sales/Listings Ratio = 18%
East Extern Average house Price (12 month average): $404,438

Conception Bay South: Listings = 39 Sales = 24
Sales/Listings Ratio = 62%
CBS Average House Price (12 month average): $304,457

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.

For a Free Market Evaluation

CLICK HERE

Total MLS listings are up 8% for the month and up 2% so far for the year. On the sales side of the coin, sales of houses in the St. John’s Real Estate Market area are up 5% for both the month and for the year.  Basically there has been no change in the sales for the past 2 months. 49% difference in expired listings last month compared to April 2014 and 37% increase in expired listings thus far for 2015.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *