Home sale listings decline

The number of St. John homes listed for sale has dropped 10 percent since July.  Whether there’s actually been a pickup in sales, or owners have decided to back off for a while, the numbers are down: from 145 properties in July to 130 today.  The total, however, is 17% higher than a year ago when there were 111 listings, so the current decline might be called seasonal.

The offerings show a decided tilt to the high end.  Nearly 16% have asking prices of $3 million or more.  Excluding a $32 million Peter Bay palace, the average asking price for house on the Multiple Listing Service is $2.2 million. The median is $2.8 million.

Coral Bay has the most homes on the market, 31.  Chocolate Hole is second with 26, followed by Ditleff/Rendezvous' 14, and Fish Bay with 13.

With the third quarter of the year having ended this week, we can expect to hear Realtors report how business has been.

2 thoughts on “Home sale listings decline”

  1. MOST HOUSE ON ST.JOHN ARE WAY OVER PICE FOR THE AVG. MIDDLECLASS PERSON.
    I’VE BEEN GOING TO ST.JOHN SINCE THE LATE 70’S & CAN not BELIEVE THE PRICEs & the rentals. it is very sad that more people can not enjoy st.john & the people.

Leave a Comment