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Market Stats for 2025 (January - May)

Market Stats for 2025 (January - May)

Newfoundland

🟡 The number of sales was up 9.4% in May compared to May 2024 and is up 12.3% year to date (January through May).

🟡 The number of new listings was down 8.5% in May compared to May 2024 and is down 3.1% year to date (January through May).

🟡 The average sale price this year (January through May) is up 9.8% to $328,875 compared to $299,434 in 2024.

St. John’s Metro

🔵 The number of sales was up 11.6% in May compared to May 2024 and is up 14.0% year to date (January through May).

🔵 The number of new listings was down 17.0% in May compared to May 2024 and is down 9.1% year to date (January through May).

🔵 The average sale price this year (January through May) is up 12.2% to $399,512 compared to $355,979 in 2024.

Central NL

🟣 The number of sales was up 16.9% in May compared to May 2024 and is up 13.4% year to date in 2025 compared to 2024.

🟣 The number of new listings was down 7.2% in May 2025 compared to May 2024 and is down 0.2% year to date in 2025 compared to 2024.

🟣 The average sale price this year (January through May) is up 5.1% to $221,073 compared to $210,271 in 2024.

Burin Peninsula NL

🔴 The number of sales was up 85.7% in May compared to May 2024 and is unchanged year to date (January through May).

🔴 The number of new listings was up 5.0% in May compared to May 2024 and is up 18.2% year to date (January through May).

🔴 The average sale price this year (January through May) is up 3.9% to $159,650 compared to $153,680 in 2024.

Western NL

🟢 The number of sales was down 8.7% in May compared to May 2024 but is up 7.4% year to date (January through May).

🟢 The number of new listings was up 16.8% in May compared to May 2024 and is up 0.9% year to date (January through May).

🟢 The average sale price this year (January through May) is up 1.4% to $225,353 compared to $222,266 in 2024.

(Data from the Newfoundland and Labrador Association of REALTORS® Matrix MLS® system for 2025.)

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.