Newfoundland
🟡 The Number of Sales was up 11.2% in December compared to December 2023, and finished the year up 6.4% in 2024 over 2023.
🟡 The Number of New Listings was up 0.6% in December compared to December 2023, and finished the year up 4.2% in 2024 over 2023.
🟡 The Average Sale Price for 2024 was $315,734 compared to an average sale price of $290,103 in 2023, an increase of 8.8%.
St. John’s Metro
🔵 The Number of Sales was up 7.6% in December compared to December 2023, and finished the year also up 7.6% in 2024 over 2023.
🔵 The Number of New Listings was down 5.2% in December compared to December 2023, and finished the year up 2.8% in 2024 over 2023.
🔵 The Average Sale Price for 2024 was $376,848 compared to an average sale price of $346,441 in 2023, an increase of 8.8%.
Central NL
🟣 The Number of Sales was up 27.3% in December compared to December 2023, and finished the year up 4.2% in 2024 over 2023.
🟣 The Number of New Listings was down 5.7% in December compared to December 2023, and finished the year up 5.6% in 2024 over 2023.
🟣 The Average Sale Price for 2024 was $230,533 compared to an average sale price of $213,986 in 2023, an increase of 7.7%.
Western NL
🟢 The Number of Sales was up 50.0% in December compared to December 2023, and finished the year up 5.6% in 2024 over 2023.
🟢 The Number of New Listings was up 8.8% in December compared to December 2023, and finished the year up 1.0% in 2024 over 2023.
🟢 The Average Sale Price for 2024 was $243,670 compared to an average sale price of $234,893 in 2023, an increase of 3.7%.
Burin Peninsula NL
🔴 The Number of Sales was down 21.4% in December compared to December 2023, and finished the year down 8.1% in 2024 over 2023.
🔴 The Number of New Listings was up 55.6% in December compared to December 2023, and finished the year down 7.5% in 2024 compared to 2023.
🔴 The Average Sale Price for 2024 was $146,696 compared to an average sale price of $135,261 in 2023, an increase of 8.5%.
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.)
