Sunday, January 21, 2007 9:07 PM
Larry Hann
St. John's Central Market Watch Report
As promised, I'm going to delve a little deeper into the various segments that make up the regional real estate market. I'll start tonight with St. John's Central, later this week I'll post similiar stats for St. John's East.
These postings will eventually form the background for a comprehensive real estate market report with some analysis and thoughts on where the market might be heading. For now it's a snapshot of the market activity over the past two years. I'll look at what it all means at a later date.
In the meantime if you'd like to discuss buying or selling your home please contact me. I can't say I'm available 24/7 but I can guarantee I'm available 16/7.
* Please note Point 2 Agent Blogs are still in the testing phase, formatting problems will eventually be solved.
Single Family Homes < $175,000.00 Average sale price was up by 6.8%
| # expired | # sold | Ave list price | Ave sale price | Ave DOM |
2006 | 93 | 173 | 109,000 | 104,000 | 48 |
2005 | 118 | 222 | 102,200 | 97,400 | 52 |
$175,100.00 – $250,000.00 Average sale price was up by up 2.2%
| # expired | # sold | Ave list price | Ave sale price | Ave DOM |
2006 | 27 | 25 | 208,400 | 207,400 | 66 |
2005 | 27 | 28 | 208,500 | 202,900 | 69 |
$250,100.00 > Average sale price was down by 11.7%
| # expired | # sold | Ave list price | Ave sale price | Ave DOM |
2006 | 47 | 13 | 324,000 | 309,500 | 41 |
2005 | 46 | 12 | 365,200 | 350,800 | 62 |
2-Apartment Homes
< $175,000.00 Average sale price was up by 2.6%
| # expired | # sold | Ave list price | Ave sale price | Ave DOM |
2006 | 17 | 17 | 123,700 | 119,300 | 59 |
2005 | 15 | 18 | 121,400 | 116,300 | 42 |
$175,100.00 – $250,000.00 Average sale price was up by 4.5%
| # expired | # sold | Ave list price | Ave sale price | Ave DOM |
2006 | 2 | 4 | 219,700 | 207,400 | 46 |
2005 | 6 | 3 | 206,600 | 198,500 | 15 |
$250,100.00 > Average sale price was up by 31.7%
| # expired | # sold | Ave list price | Ave sale price | Ave DOM |
2006 | 6 | 1 | 429,000 | 395,000 | 34 |
2005 | 5 | 1 | 325,000 | 300,000 | 33 |
Condominiums
< $175,000.00 Average sale price was up by 7.7%
| # expired | # sold | Ave list price | Ave sale price | Ave DOM |
2006 | 5 | 15 | 139,700 | 132,900 | 83 |
2005 | 21 | 24 | 128,100 | 123,400 | 64 |
$175,100.00 – $250,000.00 Average sale price was up by 5.7%
| # expired | # sold | Ave list price | Ave sale price | Ave DOM |
2006 | 5 | 2 | 232,500 | 224,000 | 19 |
2005 | 9 | 2 | 224,450 | 212,000 | 21 |
$250,100.00 > Average sale price was down by 25%
| # expired | # sold | Ave list price | Ave sale price | Ave DOM |
2006 | 8 | 1 | 289,900 | 284,000 | 46 |
2005 | 8 | 3 | 393,300 | 379,000 | 58 |