Newfoundland
🟡 The number of Sales was up 37.0% in October compared to October 2023, and is up 5.0% year to date, from January through October 2024.
🟡 The number of New Listings was up 2.9% in October compared to October 2023, and is up 4.7% year to date, from January through October 2024.
🟡 The average Sale Price this year, January through October, is up 8.5% to $313,161 compared to an average sale price of $288,696 for the same period in 2023.
St. John’s Metro
🔵 The number of Sales was up 41.6% in October compared to October 2023, and is up 6.4% year to date, from January through October 2024.
🔵 The number of New Listings was up 3.1% in October compared to October 2023, and is up 3.9% year to date, from January through October 2024.
🔵 The average Sale Price this year, January through October, is up 8.9% to $373,881 compared to an average sale price of $343,287 for the same period in 2023.
Central NL
🟣 The number of Sales was up 42.6% in October compared to October 2023 and is down 2.1% year to date in 2024 through October compared to 2023.
🟣 The number of New Listings was down 1.0% in October 2024 compared to October 2023, and is up 5.5% year to date, from January through October 2024.
🟣 The average Sale Price this year, January through October, is up 4.8% to $229,020 compared to an average sale price of $218,479 for the same period in 2023.
Western NL
🟢 The number of Sales was up 32.3% in October compared to October 2023, and is up 5.6% year to date, from January through October 2024.
🟢 The number of New Listings was up 2.4% in October 2024 compared to October 2023, and is up 0.4% year to date, from January through October 2024.
🟢 The average Sale Price this year, January through October, is up 3.3% to $238,587 compared to an average sale price of $231,060 for the same period in 2023.
Burin Peninsula NL
🔴 The number of Sales was down 28.6% in October compared to October 2023 and is down 5.1% year to date, from January through October 2024.
🔴 The number of New Listings was up 50.0% in October 2024 compared to October 2023, and is down 8.4% year to date, from January through October 2024.
🔴 The average Sale Price this year, January through October, is up 9.6% to $147,823 compared to an average sale price of $134,832 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.)
