Staying on top with up to date information is crucial in today’s competitive real estate market. Many of the best homes in St. John's, Mount Pearl, Paradise and surrounding areas are sold before they are ever advertised or displayed on other websites like REALTOR.ca®.  Using our services will keep you informed and ABOVE THE CROWD.

Through this site you can access our featured listings , search MLS listings, browse helpful buying and selling information, enquire about a free home evaluation or read up on current St. John's Real Estate articles. We invite you to join our monthly newsletter, featuring home tips, quarter market statistics for St. John's and outside the St. John's area along with a little light reading material.

Serving you with our knowledge of real estate in and around the St. John's real estate area is what we do best. Online, by phone, or in person, we know your experience with our professional services will be a rewarding one. When your ready to buy or sell, we're ready to listen.  Purchasing or selling your home is an important decision, therefore you need a REALTOR who understands what YOUR needs are whether you're re-locating to our great city or moving from within. This is where we live and work EVERYDAY.  We are always keeping an eye on the St. John's real estate market, and always very proud to serve in our community.  Let us get started on finding that perfect opportunity for you.

If you are looking for an HONEST & HARD WORKING REALTOR, then you have come to the right place! 

#1 Father and Son Real Estate Team in St. John's Newfoundland.

February 2012 St. John's Real Estate MLS Stats

Total # of MLS Listings [February] = 801  (based on residential stats)

Total # of Sales [February] = 261

Number of Active Listings in the NLAR MLS System (ALL of Newfoundland) = 3351

Here is a break down by area for the month of February

St. John’s Real Estate: Listings = 135   Sales = 66 Sales/Listings Ratio = 49%
Average sale price for a home in St. John’s: $289,522 for the month of February and the 12 month average $294,750

Mount Pearl Real Estate: Listings = 23 Sales = 13  Sales/Listings Ratio = 57%
Average Sale Price (12 month average): $257,804

Paradise Real Estate: Listings =49 Sales = 25 Sales/Listings Ratio =51%
Average Sale Price (12 month average): $329,227

East Extern Real Estate: Listings = 33 Sales = 7  Sales/Listings Ratio = 21%
Average Sale Price (12 month average): $323,543

Conception Bay South Real Estate: Listings = 38   Sales = 14  Sales/Listings Ratio = 37%
Average Sale Price (12 month average): $277,411

Fourth Quarter 2011 St. John's MLS Housing Market Improved

• There were 1,288 new residential listings during the fourth quarter compared to 1,215 during the  same period in 2010
• Active listings or inventory averaged 1,656 a month from October to December versus 1,597 a month during Q4 of 2010
• The sales-to-active listings ratio indicated market conditions were improving when 20% of listings sold in October, 21% in November and 23% in December, and averaged 21.5% during the quarter versus a much lower 18% in the fourth quarter of 2010.
• Active residential listings or inventory increased 3.7% during the fourth quarter
• Active listings for October, November and December were 1,861, 1,770 and 1,337, respectively
• The small rise in inventory, combined with the large sales increase, resulted in market conditions moving towards a more balanced market towards the end of the fourth quarter
• MLS® sales jumped 26% to 1,058 compared to 2010’s fourth quarter sales of 839
• October, November and December MLS® sales were 375, 374 and 309, respectively
• Fourth quarter average MLS® residential house price climbed 7% to $275,488 compared to $257,481 during the fourth quarter of 2010 and averaged $268,608 during 2011.

Third Quarter 2011 St. John's Housing MLS Market Outlook

MLS® Residential Sales Up in Third Quarter

• MLS® sales increased 12.8% to 1,493 compared to 2010’s third quarter sales of 1,323
• July, August and September MLS® sales were 499, 551 and 443, respectively
• Third quarter average MLS® residential house price climbed 6.5% to $253,755 compared to $238,285 during the third quarter of 2010

Buyers’ Market Conditions

• There were a 2,658 new residential listings during the third quarter compared to 2,356 during the same period last year, an increase of 13%
• Active listings or inventory averaged 2,750 a month from July to September versus 2,442 a month during Q3 of 2010
• The sales-to-active listings ratio indicated that 18% of listings sold in July, 20% in August and 17% in September, and averaged 18% during the quarter, unchanged from the third quarter of 2010

Active Listings Increase

• Active residential listings or inventory increased approximately 13% during the quarter
• Active listings for July, August and September were 2,816, 2,807 and 2,628, respectively
• With inventory increasing on par with sales, housing market conditions favoured buyers during the whole third quarter

Second Quarter 2011 MLS Housing Market Outlook

An improving economic outlook, along with historically low interest rates, will provide a solid foundation for the housing sector in 2011. However, high energy prices and moderating income growth will keep housing activity below 2010 levels.

A pullback in housing activity following significant gains in 2010 is expected in 2011. Single starts will show a moderate drop of close to 11 per cent. Multiple starts, which saw very strong growth of over 40 per cent in 2010, are expected to
decrease close to 14 per cent in 2011.

For Newfoundland and Labrador, energy and mining activity continue to be the main sources of growth. Capital investment will continue to provide stimulus for the economy and this will contribute to the best outlook in Atlantic Canada. For the province, expect 3.3 per cent GDP growth in 2011 and 2.4 per cent in 2012. Additional growth will come from the province’s infrastructure spending program. It is also expected that additional resource related projects will add to economic growth by the fourth quarter of 2011.

St. John's Real Estate Market Update

Buyers are taking advantage of favourable real estate market conditions around St. John’s and areas….sellers too are reaping the rewards. Multiple offers are still in our marketplace, with well-priced listings—especially around the $200k to $300k  price range. Properties priced at market value will likely sell quickly for top dollar. The overall pressure on sales and price is significant across the board – and it’s not likely to subside unless more inventory comes on-stream. 

Need a Reason to Invest in St. John's Real Estate?  How about Fifty one!

There are approximately 51 major developments that could take place in St. John’s this year. Pleasantville appears to be the hottest topic (as well as the largest development)  A new Canadian Forces Base  as well as 975 residential spaces.

The old Woolworth building is slated to become an office tower/parking garage.

 An $18million dollar hotel is to be built at the corner of Prescott and Water Street.

A $15million dollar hotel/condo building is being built on Temperance Street.

The old Arcade building on Water Street as well as the old CBC building are aimed to be converted to office buildings and condos.

On Tiffany Lane in the East End of St John's a new $10million dollar condo development will be built.

In the West End of St. John's a new $8million dollar seniors condominium complex will be built as well as another in the Center of the City on Blackmarsh Road.

A 200 home project is expected to get underway off Ruby Line and Heavy Tree Road in Mount Pearl.

Lots of new Box Stores being constructed up on Stavanger Drive Area.  (Best Buy, Kesleys, new RONA building, new Canadian Tire building) as well as new ones on Kesley Drive near Kenmount Terrace.