Newfoundland
The number of Sales was down 4.4% in August compared to August 2022, and is down 21.1% year to date, January through August.
The number of New Listings was up 6.3% in August compared to August 2022, and is down 7.9% year to date, from January through August.
The average Sale Price this year, January through August, is down 0.8% to $288,245 compared to an average sale price of $290,499 in 2022.
St. John’s Metro
The number of Sales was down 4.2% in August compared to August 2022, and is down 23.8% year to date, January through August.
The number of New Listings was up 4.2% in August compared to August 2022, and is down 13.9% year to date, from January through August.
The average Sale Price this year, January through August, is up 1.3% to $342,452 compared to an average sale price of $337,945 in 2022.
Central NL
The number of Sales was up 14.5% in August 2023 compared to August 2022, and is down 13.5% year to date in 2023 compared to 2022.
The number of New Listings was up 34.3% in August 2023 compared to August 2022, and is up 3.1% year to date in 2023 compared to 2022.
- Average Sale Price this year, January through August, is down 3.8% to $218,778 compared to an average sale price of $227,530 in 2022.
Western NL
The number of Sales was down 26.0% in August compared to August 2022, and is down 20.5% year to date, from January through August.
The number of New Listings was down 2.7% in August compared to August 2022, and is down 4.0% year to date, from January through August.
The average Sale Price this year, January through August, is down 2.9% to $229,391 compared to an average sale price of $236,221 in 2022.
Stay tuned for more updates! #RealEstate #Newfoundland #StJohnsMetro #Central #Western #MarketUpdate
(Data from the Newfoundland and Labrador Association of REALTORS® Matrix MLS® system for 2023.)
