Newfoundland

🟡 The number of Sales was down 7.7% in August compared to August 2023, and is up 1.6% year to date, from January through August 2024.

🟡 The number of New Listings was down 3.0% in August compared to August 2023, and is up 4.3% year to date, from January through August 2024.

🟡 The average Sale Price this year, January through August, is up 8.4% to $313,114 compared to an average sale price of $288,764 for the same period in 2023

St. John’s Metro

🔵 The number of Sales was down 10.3% in August compared to August 2023, and is up 4.1% year to date, from January through August 2024.

🔵 The number of New Listings was down 6.1% in August compared to August 2023, and is up 4.0% year to date, from January through August 2024.

🔵 The average Sale Price this year, January through August, is up 9.1% to $373,744 compared to an average sale price of $342,460 for the same period in 2023.

Central NL

🟣 The number of Sales was down 3.9% in August compared to August 2023, and is down 6.0% year to date in 2024 through August compared to 2023.

🟣 The number of New Listings was down 0.8% in August 2024 compared to August 2023, and is up 4.8% year to date, from January through August 2024.

🟣 The average Sale Price this year, January through August, is up 3.3% to $226,301 compared to an average sale price of $219,121 for the same period in 2023.

Western NL

🟢 The number of Sales was down 10.3% in August compared to August 2023, and is up 3.0% year to date, January through August 2024.

🟢 The number of New Listings was down 3.7% in August 2024 compared to August 2023, and is up 0.4% year to date through August in 2024 compared to 2023.

🟢 The average Sale Price this year, January through August, is up 1.0% to $233,372 compared to an average sale price of $231,040 for the same period in 2023.

Burin Peninsula NL

🔴 The number of Sales was down 25.0% in August compared to August 2023, and is down 6.1% year to date, from January through August 2024.

🔴 The number of New Listings was down 7.7% in August 2024 compared to August 2023, and is down 12.6% year to date in 2024 through August compared to 2023.

🔴 The average Sale Price this year, January through August, is up 10.5% to $154,613 compared to an average sale price of $139,952 for the same period in 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.)