March Real Estate Stats

April 15, 2022

 

📈 [MARCH REAL ESTATE STATS] A record 1138 home sales over the first 3 months of this year – 12% above Q1 2021.

March 2022 was 47.4% above the 10yr avg for March.

The benchmark price for single-family homes in NL was $327,400, a gain of 12.4% on a year-over-year basis.

The benchmark price for single-family homes in St. John’s was $294,200, a gain of 9.6% on a year-over-year basis.

ACTIVE listings are still very low, 34.9% below the 10 yr avg for March.

Rob Burton FRI REALTOR® (709) 682-2345 Fellow of the Real Estate Institute

Award Winning #TeamBurton 🍁 Top 5 in Atl Can 2021⁠

#ExploreNewfoundland ❤⁠ #LuxuryRealEstate #RealtorLife #Sold