St. John's Real Estate Market July 2024

As we step into August, it’s time to reflect on the Metro Market's performance in July—and what a month it was! The numbers reveal a dynamic and competitive market, offering valuable insights whether you're thinking about buying or selling. Inventory Takes a Dip One of the most striking change....

St. John's Real Estate Market June 2024

Months Supply of Inventory (MSI) Decreases: In June 2024, the housing inventory dropped by 12.02%, with 761 homes available for sale. With an average of 246 closed sales per month over the past year, the MSI stands at 3.09. Average Sale Price Going Up: Prices are on the rise! The average sale pri....

St. John's Real Estate Market May 2024

Months Supply of Inventory (MSI) Decreases In May 2024, the total housing inventory took a notable dip, decreasing by 7.39%. This left only 752 existing homes available for sale by the end of the month. Over the past year, this area has averaged 246 closed sales per month, resulting in an unsold in....

St. John's Real Estate Market April 2024

April 2024 Housing Market Update: Inventory and Prices Rise in St. John's Metro Slight Increase in Housing Inventory In April, the housing inventory in the St. John's Metro area saw a modest increase of 1.69%, bringing the total to 723 existing homes for sale. Given the average of 244 closed s....

St. John's Real Estate Market March 2024

Housing Inventory Rises, Prices Climb in March 2024 The total housing inventory at the end of March 2024 increased 0.28% to 714 existing homes available for sale. Average home prices in this market area rose 10.84% in March 2024 to $367,468, up from $331,537 the previous year. Homes spent an aver....

St. John's Real Estate Market February 2024

Months Supply of Inventory (MSI) on the Rise In February 2024, the housing inventory in our market area saw a 1.87% increase, bringing the total number of existing homes available for sale to 708. Over the past year, there have been an average of 242 closed sales per month, resulting in an unsold i....

St. John's Real Estate Market January 2024

Are you keeping an eye on the real estate market in St. John's? If so, you'll be interested to know that the latest data for January 2024 is in, and there are some notable trends to take note of. Let's dive into the key highlights from the recent market update. Average Sale Price on the Rise I....

St. John's Real Estate Market November 2023

Months Supply of Inventory (MSI) Decreases The total housing inventory at the end of November 2023 decreased 6.8% to 806 existing homes available for sale. Over the last 12 months this area has had an average of 241 closed sales per month. This represents an unsold inventory index of 3.34 MSI for....

St. John's Real Estate Market October 2023

Months Supply of Inventory (MSI) Decreases The total housing inventory at the end of November 2023 decreased 6.8% to 806 existing homes available for sale. Over the last 12 months this area has had an average of 241 closed sales per month. This represents an unsold inventory index of 3.34 MSI for....

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