• 301 homes sold in Feb (2023), a little down vs Feb last year by 8.8% but sales were 32.5% above the 10-yr avg for the month of Feb.

• The benchmark price for single-family homes in St. John’s was $324,700, up 3.7% on a yr-over-yr basis in Feb.

• The number of NEW listings in Feb fell by 29.5% from Feb 2022, the lowest number of new listings added in the month of Feb in more than a decade.

• ACTIVE overall listings haven’t been this low in the month of Feb in more than 15 years, 44.5% below the 10-year average for the month of Feb.

Greater St. Johns is an exciting balanced market. Great value when buying! And when selling, homes that gets listed are getting attention!⁠
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www.RobBurtonFRI.ca 🌱 Follow us for regular valuable info to help add to your life and success!⁠
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Rob Burton FRI⁠ REALTOR | Fellow of the Real Estate Institute⁠
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