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Fraser and Stephen Winters St. John's Real Estate  

Real Estate guide to homes for sale in St. John's, Mount Pearl & Paradise


 

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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 ABsearch our listingsOVE 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. stephen winters remax st. john's

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.

 

 



 

 

 

Average St. John's Housing Prices for September 2014

Prices in the St. John's Real Estate Market remain steady throughout most of 2014.  It's currently classified as a buyer market but there are still a number of multiple offer situations and homes selling very quickly in certain areas. 

 

Total # of MLS Listings = 1111
Total # of Sales [Sept] = 430

Number of Active Listings for Sale in Newfoundland = 5508
Numbers are based on both residential and commercial listings/sales

Here is a break down by area for September:

 

St. John’s: Listings = 291 Sales = 86  Sales/Listings Ratio = 30%
Average sale price for a home in St. John’s: $321,928 for the month of September and the 12 month average $345,988

 

Mount Pearl: Listings = 52 Sales = 17 Sales/Listings Ratio = 33%
Average Sale Price (12 month average): $298,465

 

Paradise: Listings = 77 Sales = 22 Sales/Listings Ratio = 29%
Average Sale Price (12 month average): $353,284

 

East Extern: Listings = 47 Sales = 21 Sales/Listings Ratio = 45%
Average Sale Price (12 month average): $402,665

Conception Bay South: Listings = 61 Sales = 25
Sales/Listings Ratio = 41%
Average Sale Price (12 month average): $304,576

 

Don’t forget to contact us for a free market evaluation on your home.

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St. John's Real Estate luxury home market in high demand

 

Growth continues unabated in St. John’s luxury home market, with demand reaching unprecedented levels yet again in 2014. Residential sales over $500,000 broke the existing record in 2013, with 172 units changing hands compared with 161 in 2012, representing a seven per cent increase over one year ago. With approximately 220 listings available for sale, the upper end remains firmly in buyer’s market territory. Yet, the softer conditions have served to invigorate activity, as buyers are enticed by favourable selection and good value for their dollar. Rising fortunes have alsobolstered high-end sales.

 

First quarter 2014 St. John's Real Estate Market Outlook

For the St. John’s real estate market, Sales to Active listing Ratio is 8.9% YTD ( Buyers Market ) which means 8.9% of the current active listings are selling. The average price for a home in St. John's is $313,677 which is up 2.3% YTD.   Currently, the number of listings are up and the number of sales are down.

January 2014 Housing Starts Trending downwards in the St. John's Real Estate Market

Housing starts in St. John’s, Census Metropolitan Area (CMA) were trending at 1,830 units in January compared to 1,919 in December according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. 

 “Residential construction in St. John’s trended down in January,” said Chris Janes, Senior Market Analyst with CMHC’s Atlantic Business Centre. “Single-detached starts experienced a considerable decline, but were partially offset by an increase in multiple starts,” added Janes.

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 in the near future. Pleasantville appears to be the hottest topic (as well as the largest development)  A new Canadian Forces Base  as well as 975 residential spaces.

Glencrest development is underway in the west end of St. John's. Almost 2,400 acres of land is to be developed.

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.

 

 

 

 

 


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Contacts


Call or email for all your Real Estate Questions
Stephen & Fraser Winters
709-682-9045(Office)
709-682-9245(Business)
709-682-9045(Cell)
709-726-8316(Fax)

St. John's, Newfoundland and Labrador
Canada


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