Monthly MLS® market statistics for Downtown and Central St. John's — covering the historic waterfront, Duckworth Street, and surrounding areas.
Source: NLAR MLS® System · NLAR District SJ03 (Central)
The total number of homes that closed during this period. More sales generally indicate a healthier, more active market.
These arrows compare this year to the same period last year. The comparison uses the exact same calendar window (e.g., Jan 1 – May 30 both years) so the comparison is fair.
Average sale price and total residential sales from 2017 through early 2026.
| Year | Avg Sale Price | Sales | Price Change |
|---|---|---|---|
| 2017 | $294,079 | 251 | — |
| 2018 | $272,534 | 213 | -7.3% |
| 2019 | $262,090 | 290 | -3.8% |
| 2020 | $258,374 | 304 | -1.4% |
| 2021 | $274,589 | 475 | +6.3% |
| 2022 | $289,156 | 469 | +5.3% |
| 2023 | $307,877 | 360 | +6.5% |
| 2024 | $332,814 | 349 | +8.1% |
| 2025 | $337,058 | 412 | +1.3% |
| 2026 YTD | $301,115 | 104 | -10.7% |
How the market has evolved over nearly a decade. Long-term trends matter more than any single year — look for the direction, not the individual number.
Month-by-month comparison across all key metrics for Downtown.
Seasonal patterns in the market. In St. John's, the busiest months are typically April–September (spring/summer listing season). Winter months are slower. Knowing this helps time your listing or purchase.
The Downtown data tells a clear and consistent story: homes that sell in their first few weeks achieve sale-to-ask ratios at or near 106.7%. By six weeks and beyond, properties that haven't sold are closing at roughly 92.8% of their last asking price.
That's a difference of about 13.8 percentage points. On a $400,000 home, that's approximately $55,000 left on the table.
Overpricing doesn't delay the sale — it actively reduces what you walk away with. Homes that sit accumulate days on market, which signals to buyers that something is wrong and invites lower offers.
The right price from day one isn't pessimism — it's the strategy that produces the highest final return. This is what the Downtown data shows, updated every month.
| Time on Market | Avg S/A Ratio | Signal |
|---|---|---|
| Week 1 | 100.77% | Best possible |
| Week 2 | 105.68% | Best possible |
| Week 3 | 106.66% | Best possible |
| Week 4 | 103.03% | Best possible |
| Week 5 | 101.56% | Best possible |
| Week 6 | 100.90% | Best possible |
| Week 7 | 99.59% | Best possible |
| Week 8 | 97.73% | Still solid |
| Week 9 | 95.41% | Erosion begins |
| Week 10 | 96.21% | Softening |
| Week 11 | 97.20% | Softening |
| Week 12 | 94.61% | Erosion begins |
| Week 13+ | 92.81% | Significant loss |
On a $400,000 home, the difference between selling fast and letting it sit is approximately $55,000. Correct pricing from day one is the single most important factor in maximizing your return.
Listings that have been on market six weeks or more are your strongest negotiating position — the data shows these sellers close roughly 14%+ below asking on average.
Get a free, data-backed evaluation of your St. John's property.