Newfoundland
🟡 The number of Sales was up 8.8% in July compared to July 2023, and is up 3.2% year to date, from January through July 2024.
🟡 The number of New Listings was up 5.2% in July compared to July 2023, and is up 5.6% year to date, from January through July 2024.
🟡 The average Sale Price this year, January through July, is up 8.3% to $307,803 compared to an average sale price of $284,183 for the same period in 2023.
St. John’s Metro
🔵 The number of Sales was up 20.7% in July compared to July 2023, and is up 7.3% year to date, from January through July 2024.
🔵 The number of New Listings was up 3.4% in July compared to July 2023, and is up 5.8% year to date, from January through July 2024.
🔵 The average Sale Price this year, January through July, is up 8.9% to $367,195 compared to an average sale price of $337,243 for the same period in 2023.
Central NL
🟣 The number of Sales was down 2.3% in July compared to July 2023, and is down 6.4% year to date in 2024 through July compared to 2023.
🟣 The number of New Listings was up 0.8% in July 2024 compared to July 2023, and is up 5.8% year to date, from January through July 2024.
🟣 The average Sale Price this year, January through July, is up 1.9% to $223,540 compared to an average sale price of $219,376 for the same period in 2023.
Western NL
🟢 The number of Sales was down 18.6% in July compared to July 2023, and is up 4.4% year to date, from January through July 2024.
🟢 The number of New Listings was up 3.4% in July 2024 compared to July 2023, and are up 5.8% year to date through July in 2024 compared to 2023.
🟢 The average Sale Price this year, January through July, is up 1.7% to $227,667 compared to an average sale price of $223,818 for the same period in 2023.
Burin Peninsula NL
🔴 The number of Sales was up 71.4% in July compared to July 2023, and is down 1.9% year to date, from January through July 2024.
🔴 The number of New Listings was up 19.2% in July 2024 compared to July 2023, and is down 13.5% year to date in 2024 through July compared to 2023.
🔴 The average Sale Price this year, January through July, is up 6.1% to $144,032 compared to an average sale price of $135,732 for the same period in 2023.
Stay tuned for more updates! #RealEstate #Newfoundland #StJohnsMetro #Central #Western #MarketUpdate
(Data from the Newfoundland and Labrador Association of REALTORS® Matrix MLS® system for 2024.)
