A thriving oil, gas and mining sector in Newfoundland was the strongest driver of our economy for 2013.  St. John's has been in a growth stage for the past few years increasing construction and city expansion.  This momentum and positive outlook is expected to continue into 2014.

  Check out our St. John's Real Estate Blog

Real Estate Listings

View our selection of homes for sale in St. John's and surrounding areas. Contact us if you have any questions.  Remember, there are ZERO costs to use our services when buying your home.

Our Active Listings 

Free Evaluation of Your Home

Allow Fraser and Stephen Winters to assess the value of your home by providing you with a Free Market Evaluation.  Allow us to show you how to maximize the value of your home in this hot real estate market.

Contact us TODAY for top dollar 

Online resource for buying & selling St. John's real estate

Serving St. John's, Mount Pearl, Goulds, Paradise, Conception Bay South, Portugal Cove-St. Philips, Torbay

Latest MLS Stats for the St. John's Real Estate Market

Total # of MLS Listings [Mar]  = 947  Total # of Sales [Mar] = 273 

Number of  Active Listings for Sale in Newfoundland = 4261

Numbers are based on both residential and commercial listings/sales

Here is a break down by area for March:

St. John’s Real Estate: Listings = 147  Sales = 59  Sales/Listings Ratio = 40%

Average sale price for a home in St. John’s: $352,860 for the month of March and the 12 month average $334,331

Mount Pearl Real Estate: Listings = 35 Sales = 9 Sales/Listings Ratio = 26% Average Sale Price (12 month average): $297,417

Paradise Real Estate: Listings = 35 Sales = 16 Sales/Listings Ratio = 46% Average Sale Price (12 month average): $352,421

East Extern Real Estate: Listings = 54 Sales = 14 Sales/Listings Ratio = 26% Average Sale Price (12 month average): $370,422

Conception Bay South Real Estate: Listings = 43 Sales = 19 Sales/Listings Ratio = 44% Average Sale Price (12 month average): $305,946 

The St. John’s Real Estate Market for the month of March (2014) showed little change from the previous month with regards to price changes.  We are seeing fair number of price reductions on properties. (a good thing)  Listings were down slightly this month so this could quite possibly be a little shift in the market.  With all the inventory out there we really need some of it to “dry up”.  There are lots of buyers looking and inquiring but many are sitting on the fence.  Expired listings are down from last month but still 23% of listings are expiring. The total number of sales for the year are down 7% unchanged from February.

The Newfoundland economy is still moving forward. Newfoundland came out on top in terms of business confidence in Canada at 74.7 earlier this month. Business continues to boom here! So will the real estate market as we move into 2014.

Don’t forget to contact us for a free market evaluation on your home.

Be sure to check us out on Twitter and Facebook.  Sign up for our newsletter as well. 

Buying Real Estate - Pre existing, new home construction and commerical

Fraser and Stephen Winters can show you any home listed on MLS.  There are no costs for us to represent you on purchasing your home.  We can assist you in purchasing residential homes, investment properties, land, new construction homes and commercial properties .

Take advantage of our New Listings Notification and we'll be happy to email you daily new listings as they appear on the real estate market.  Most homes are sold within the first day in St. John's and Mount Pearl areas, even before they are available on public websites. Our New Listings Notification is free.  Contact us and ask us about it today!st. john's mls lisitngs

The St. John's real estate market has been on an uptrend the past few years with tremendous optimism from both buyers and sellers. Multiple offers on properties, are not uncommon in our market and accepted offer are often greatly above market list price.  We are into a buyers market now in 2013 so it's even more important not to overpay or offer your property to the market without professional and independent advice. 

The demand for buyers looking to purchase a newly built home has slowed somewhat since it peaked back in 2008, however there are still lots of activity in the subdivisions around St. John's. New home construction starts are at all time highs and the cost per square foot for a new home has increased due to increase material costs and shortage in workers. Remember that we can provide you all the details and floor plans in ANY of the new subdivisions in St. John's, Mount Pearl, Torbay, Paradise and CBS.

Selling Real Estate

The St. John's real estate market is at all time highs, enabling you to sell your home for top dollar. That's why it's even more imortant to have your house priced right in this current market.  Fraser and Stephen offer a complementary Home Evaluation for any property in St. John's, Mount Pearl or surrounding areas.  Want to have your home assessed online?  Fill out our Online Home Evaluation form.   When you list your home we will make a contribution on behalf of the listing to the Janeway Children's Miracle NetworkPut the power of RE/MAX branding and market presence on your side.  RE/MAX has about 40 per cent of the real estate market for Newfoundland.  No one in the world sells more real estate then RE/MAX .

Relocating to St. John's Newfoundland

When you and your family embark on such an adventure, you will be happy you found Fraser & Stephen Winters.  We will assist you with every aspect of your real estate transaction.  From new property listings, neighbourhood information, school reports, to advice on moving companies and pre-approved mortgages , let our real estate knowledge make your next move a truly wonderful and memorable experience!  Interested in more information about transferring to St. John's?remax stephen and fraser winters

Mortgage Information

A great mortgage is more than a great rate. There are other factors to consider, such as: do you go long-term or short-term, will you need money for renovations and how can you pay off your mortgage sooner? Variable rate mortgage or fixed term rate?   Many different institutions lend money for mortgages, including banks, trust companies, credit unions, pension funds, insurance companies and finance companies.  It can be a good idea to shop around and speak with more than one lender before you make a choice. Don't forget that in the early part of 2012 there were some changes to the Canadian Mortgage Rules.   Mortgage specialists are there to advise you on all this - and more!

St. John's Real Estate Blog 

Our St. John's Real Estate Blog is a way for us to connect with you and let you keep up to date with the latest  real estate market trends , MLS market statistics, real estate articles, latest sub divisions and mortgage information.  We'll also give you practical home maintenance tips you can use immediately to positively impact your home.  You'll want to stop by often as we update the blog frequently.

Investment Properties (2-apartment homes)

Considering an investment in real estate? More and more people across Canada are becoming interested in St. John's investment properties.  Over the long term, an investment property can be a great source of retirement funds, children's collage fund or passive monthly income.  We can help you find an investment property even if you do not live in St. John's, Newfoundland.

Fraser and Stephen Winters - RE/MAX Realtors 

Serving you with our knowledge of real estate in and around the St. John's real estate area is what we do best.  Online, by phone, or in person, we know your experience with our professional services will be a rewarding one.  When your ready to buy or sell, we're ready to listen.  Purchasing or selling your home is an important decision, therefore you need a Realtor who understands what YOUR needs are whether you're re-locating to our great city or moving from within. This is where we live and work EVERYDAY.  We are always keeping an eye on the St. John's real estate market, and always very proud to serve in our community.  Let us get started on finding that perfect opportunity for you.

Your St. John's Real Estate Online Resource

We pride ourselves in providing a wealth of information to help you learn more about buying and selling real estate in St. John's Newfoundland. Fraser and Stephen Winters are one of  St. John's and surrounding cities top online destinations for real estate MLS listings, market trends and real estate news. Our real estate knowledge and articles in buying and selling homes, mortgage information and new home construction allows you to read and learn at your leisure.  So whether you are wondering what your home value is, looking for real estate information to help you buy or sell your home, or just looking to browse properties in your area, it's all right here.

Newfoundland Economy Updates

There are approximately 51 major developments that could take place in St. John’s few years. Pleasantville appears to be the hottest topic (as well as the largest development)  A new Canadian Forces Base  as well as 975 residential spaces.

The old Woolworth building is slated to become an office tower/parking garage.

 An $18million dollar hotel is to be built at the corner of Prescott and Water Street.

A $15million dollar hotel/condo building is being built on Temperance Street.

The old Arcade building on Water Street as well as the old CBC building are aimed to be converted to office buildings and condos.

On Tiffany Lane in the East End of St John's a new $10million dollar condo development will be built.

In the West End of St. John's a new $8million dollar seniors condominium complex will be built as well as another in the Center of the City on Blackmarsh Road.

A 200 home project is expected to get underway off Ruby Line and Heavy Tree Road in Mount Pearl.

Lots of new Box Stores being constructed up on Stavanger Drive Area.  (Best Buy, Kesleys, new RONA building, new Canadian Tire building) as well as new ones on Kesley Drive near Kenmount Terrace.

Older economic news.....

The Newfoundland Provincial Government signed formal agreements (Feb 16, 2010) with its industry partners to develop the Hibernia Southern Extension, solidifying the province’s 10 per cent equity stake in the project, through Nalcor Energy – Oil and Gas, and a top royalty rate of 50 per cent. The Hibernia Southern Extension is estimated to return approximately $13 billion to the Provincial Government in royalties, return on investment through Nalcor Energy – Oil and Gas and corporate income tax. Hibernia has been a tremendous resource and a great project for investors, the province and the people of Canada

 Capital projects contributing to the economic well-being of the province include Newfoundland LNG’s first natural gas trans-shipment and storage terminal near Grassy Point, valued at an estimated $1.5 billion; Vale Inco’s $2.17 billion plan to build a nickel processing plant in Long Harbour using hydromet technology—a more energy efficient, smelting method to extract nickel from Voisey’s Bay concentrated in Labrador; and the historic memorandum of understanding with the Innu Nation that will eventually lead to the development of the Lower Churchill hydroelectric mega project worth an estimated $6 billion.

Hebron will contribute $16 billion to the provincial economy over its 25-year life, and $7 billion for the Canadian economy.

Newfoundland Real Estate prices are seeing big increases in price.  Average prices for 2013 are now closer to the $300,000 mark for St. John's and surrounding areas.   Make sure you keep up to date with the Newfoundland Real Estate Monthly MLS price updates on our St. John's Real Estate Blog .

 

 St. John's Father and Son Team - Fraser and Stephen Winters

 

Stephen and Fraser Winters, Remax Realtors
Direct: (709) 682-9045 or (709) 682-9245
Fax: (709) 726-8316
Email:info@fatherandsonteam.ca

Remax Realty Specialists
40 Aberdeen Ave
St. John's, Newfoundland
A1A 5T3
www.FatherAndSonTeam.ca