Newfoundland
The number of Sales was down 11.9% in March compared to March 2023, and is down 4.4% year to date, January through March.
The number of New Listings was up 0.9% in March compared to March 2023, and is up 10.0% year to date, January through March.
The average Sale Price this year, January through March, is up 8.2% to $298,597 compared to an average sale price of $275,909 in the first quarter of 2023.
St. John’s Metro
The number of Sales was down 5.5% in March compared to March 2023, and is down 0.4% year to date, January through March.
The number of New Listings was down 0.3% in March compared to March 2023, and is up 14.9% year to date, January through March.
The average Sale Price this year, January through March, is up 6.8% to $350,417 compared to an average sale price of $328,249 in the first quarter of 2023.
Central NL
The number of Sales was down 20.0% in March compared to March 2023, and is down 10.9% year to date in 2024 compared to 2023.
The number of New Listings was up 4.3% in March 2024 compared to March 2023, and is up 2.3% year to date in 2024 compared to 2023.
The average Sale Price this year, January through March, is up 4.9% to $236,868 compared to an average sale price of $225,899 in the first 3 months of 2023.
Western NL
The number of Sales was up 5.7% in March compared to March 2023, and is up 13.4% year to date, January through March.
The number of New Listings was up 4.9% in March 2024 compared to March 2023, and is up 6.5% year to date in 2024 compared to 2023.
The average Sale Price this year, January through March, is down 1.8% to $205,296 compared to an average sale price of $209,156 in the first 3 months of 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.)
