Comprehensive monthly market statistics for St. John's, Newfoundland — NL's capital and largest market, tracking sale prices, units sold, days on market, and sale-to-ask ratios. Updated monthly with verified data from the Newfoundland & Labrador Association of REALTORS® and IMS Incorporated.
Source: NLAR MLS® System & IMS Incorporated REality/REstats® · Coverage: St. John's residential resale, MLS® transactions only
Average sale price and total residential sales from 2017 through early 2026. St. John's has experienced steady price appreciation — up 31% over the past nine years — with transaction volume and buyer competition strengthening significantly since 2021.
| Year | Avg Sale Price | Sales | Price Change |
|---|---|---|---|
| 2017 | $298,586 | 1,177 | — |
| 2018 | $294,628 | 1,072 | -1.3% |
| 2019 | $287,318 | 1,259 | -2.5% |
| 2020 | $294,503 | 1,420 | +2.5% |
| 2021 | $310,660 | 2,095 | +5.5% |
| 2022 | $331,814 | 1,970 | +6.8% |
| 2023 | $343,093 | 1,613 | +3.4% |
| 2024 | $373,920 | 1,722 | +9.0% |
| 2025 | $409,276 | 1,748 | +9.5% |
| 2026 YTD | $391,965 | 139 | -4.2% |
St. John's average sale price has climbed from $298,586 in 2017 to $391,965 in early 2026 — a 31% increase over nine years. Transaction volume peaked at 2,095 sales in 2021 during the pandemic migration surge and has stabilized at 1,700+ annually. The 2025 pace of $409K represents the highest average price on record, reflecting strong buyer demand and limited inventory across all price segments.
Month-by-month comparison across all key metrics — tracking how 2026 is performing relative to the full 2025 year. Data sourced directly from IMS Incorporated REality/REstats®.
The St. John's data reveals a strong seller's market with a critical pricing lesson. Properties listed in Week 1 achieve sale-to-ask ratios at or above 105%. That advantage erodes steadily — by Week 2, ratios peak at 109%, but further DOM dampens buyer enthusiasm.
Homes lingering 14+ weeks sell at 97.71% of asking price. On a $410,000 home, that's approximately $47,000 left on the table between the best-case scenario (Week 2 at 109.19%) and extended DOM (14+ weeks).
While St. John's remains a seller's market even at longer DOM periods, the premium erodes significantly. Well-priced homes benefit from multiple competing offers; overpriced homes sit and accumulate days on market, which signals weakness to buyers and invites lower offers.
The right price from day one maximizes your return and locks in the strongest market conditions before seasonal shifts and inventory expansion.
| Time on Market | Avg S/A Ratio | Signal |
|---|---|---|
| Week 1 | 105.09% | Maximum advantage |
| Week 2 | 109.19% | Peak buyer interest |
| Week 3 | 108.45% | Strong momentum |
| Week 4 | 105.48% | Sustained premium |
| Week 5 | 103.76% | Premium erodes |
| Week 6 | 103.84% | Resilient market |
| Week 7 | 102.17% | Market weakening |
| Week 8 | 101.19% | Slight premium |
| Week 9 | 100.79% | Near-asking norm |
| Week 11 | 99.66% | Below full asking |
| Week 13 | 100.99% | Market recovery |
| 14+ weeks | 97.71% | Significant discount |
On a $410,000 home, the difference between Week 2 (109.19%) and 14+ weeks (97.71%) is approximately $47,000. Correct pricing from day one is essential to capturing this seller's market premium.
Even in a strong seller's market like St. John's, listings that have been on market 14+ weeks represent your best negotiating position. The data shows S/A ratios drop below 98%, offering measurable savings on longer-DOM properties.
The first two months of 2026 are showing strong momentum for the St. John's market. Here's what the early data is showing.
January and February 2026 combined for 139 sales — up significantly from 97 in the same period last year. The St. John's market is opening strong, with robust buyer activity across all price ranges and neighborhoods.
The sale-to-ask ratio of 103.1% confirms that St. John's remains a strong seller's market with homes selling above full asking price. Eighty-four homes sold at 100%+ asking — evidence of buyer competition for well-priced properties.
The YTD average price of $392K is modestly below Q1 2025, reflecting seasonal mix and a broader market where inventory and buyers are better balanced than late 2025. Strong buyer participation is keeping homes moving.
For sellers: Early 2026 is showing strong buyer activity and sale-to-ask ratios above 103%. Spring is shaping up to be an excellent listing window with inventory-constrained supply. For buyers: Competition remains real — homes priced correctly are moving with multiple offers. Pre-approval and quick decision-making remain essential in a market where 60% of homes sell above asking.
Market statistics are only useful when they help you make a decision. Here's how the current St. John's data translates depending on where you stand.
St. John's is NL's capital and largest market, offering diverse neighborhoods, strong economic fundamentals (Memorial University, health care sector, government jobs), and 1,748 annual transactions. Early 2026 is showing robust buyer activity with 139 sales in just two months. The 103.1% sale-to-ask ratio confirms strong demand. Pre-approval and flexibility remain essential — our relocation services help buyers from across Canada navigate this competitive market and identify the right property quickly.
Start Your St. John's SearchEarly 2026 confirms strong buyer appetite and above-asking pricing — a signal that well-priced inventory will move quickly. The market is competitive but fundamentally driven by actual demand. Our free market evaluation uses real IMS sold data to position your home for maximum return from day one, ensuring you capture this seller's advantage before seasonal dynamics shift.
Get a Free Market EvaluationSt. John's offers compelling investment fundamentals: 1,748 residential sales in 2025 totalling $714M in volume, with prices appreciating 31% over nine years. Steady rental demand is driven by 50,000+ university enrollment (Memorial University), 6,000+ government employees, growing health care sector, and vibrant downtown revitalization. At $391K average, St. John's presents room for growth across all segments. Our InvestorsEdge™ program and property management services support investors from acquisition through tenancy.
Explore Investment OpportunitiesTurner Realty publishes comprehensive monthly market statistics because our agents use real data in every listing presentation and buyer consultation. St. John's is NL's largest market with 1,700+ annual transactions. When you can show a seller the DOM-to-price-erosion curve and actual market comparables, you're having conversations most agents can't. That's what data-driven real estate consistently produces.
Learn About Our TeamOur team produces a free written market evaluation using current MLS® sold data — not an algorithm estimate. We'll show you exactly where your home sits in this market and what it takes to price it right from day one.