Six-Month Report: February 27–August 26, 2026
Last updated August 27, 2026
Median Sold Price
$430,000
six-month median
Residential Sales
1,561
completed sales
Active Listings
431
available inventory
Median Days on Market
23 Days
median market time
Average Sale-to-List Ratio
107.1%
final vs. original list
Approximate Months of Inventory
1.7 Months
estimated supply
Average sold price: $444,832 • Median active asking price: $499,000 • 63.1% of sales closed above the original list price • 73.7% closed at or above the original list price
The market remained competitive overall, but the headline numbers do not apply equally to every property. Mount Pearl, two-apartment homes and properties priced between $400,000 and $499,999 experienced especially strong sale-to-list ratios. Higher-priced and specialized properties generally took longer to sell and offered buyers more selection.
Monthly medians can move as the mix of homes sold changes. These figures show the direction of sales activity and competition, but a change in the median does not automatically mean every home gained or lost value.
Monthly median sold price
March — $403,500
April — $430,000
May — $451,500
June — $445,000
July — $420,500
Aug. 1–26 — $419,950
Sales and sale-to-list ratio
March — 202 sales / 104.4%
April — 200 sales / 106.6%
May — 235 sales / 107.5%
June — 305 sales / 108.2%
July — 341 sales / 108.3%
Aug. 1–26 — 262 sales / 106.8%
Sales activity reached its highest level in July, with 341 completed sales. The median price peaked at $451,500 in May, while the average sale-to-list ratio reached 108.3% in July. August remained competitive through the 26th, despite a lower median sold price. This may reflect the mix of properties sold rather than a uniform change in individual home values.
The St. John’s metro is made up of distinct local markets. Housing style, price point, lot size, age and available inventory can produce very different conditions from one municipality to another.
MOUNT PEARL
Mount Pearl recorded the strongest competition among the major municipalities. Its average sale-to-list ratio reached 111.6%, 74.1% of sales closed above the original list price, and estimated inventory was approximately one month.
View area guide
ST. JOHN’S
St. John’s accounted for more than half of all sales in the report. The median sold price was $401,000, with a median market time of 22 days and an average sale-to-list ratio of 108.0%.
View area guide
PARADISE
Paradise recorded the highest median sold price among the four largest municipalities at $492,880. Homes spent a median of 25 days on the market, with approximately 2.2 months of inventory.
CONCEPTION BAY SOUTH
Conception Bay South recorded a median sold price of $422,000 and an average sale-to-list ratio of 105.5%. Its 1.9 months of inventory provided slightly more selection than St. John’s or Mount Pearl.
TORBAY AND PORTUGAL COVE–ST. PHILIP’S
These areas had higher median prices and smaller sales samples. Portugal Cove–St. Philip’s recorded a median price of $555,000 and a longer median market time of 33.5 days. Smaller samples can cause these figures to move more sharply between reporting periods.
Property type had a significant effect on price and competition. Two-apartment homes experienced much stronger sale-to-list performance than conventional single-family homes or condominiums.
TWO-APARTMENT HOMES
Two-apartment properties were one of the most competitive segments. They recorded a median sold price of $475,000 and an average sale-to-list ratio of 110.7%. Nearly 76% sold above their original list price.
SINGLE-FAMILY HOMES
Single-family homes represented 69% of completed sales. Their median sold price was $418,000, with a median market time of 22 days.
CONDOMINIUMS
Condominiums provided a lower median entry price of $295,900. Their average sale-to-list ratio was 101.9%, and the median market time was 28 days.
SMALL-SAMPLE PROPERTY TYPES
Multi-family and mobile-home figures are based on fewer than 10 completed sales each. These results should not be treated as a reliable prediction for an individual property.
The $400,000 to $499,999 range recorded the greatest combination of sales activity, short market times and above-list competition.
Sales by price range
Under $300,000 — 256 sales
$300,000–$399,999 — 368 sales
$400,000–$499,999 — 481 sales
$500,000–$749,999 — 384 sales
$750,000+ — 72 sales
The $400,000 to $499,999 range was the most competitive broad segment. It produced 481 sales, a 21-day median market time and an average sale-to-list ratio of 109.7%. At $750,000 and above, homes spent a median of 49 days on the market and inventory rose to approximately 6.2 months, giving buyers more choice and sellers a greater need for accurate positioning.
Price-range results can also be influenced by the mix of locations, property types and condition within each range.
BE READY BEFORE VIEWING
In competitive segments, good homes can move quickly. Have financing preparation and a clear decision process in place before the right property appears.
COMPARE THE CORRECT SEGMENT
A metro-wide median is not a substitute for comparing similar homes in the same area, price range and property category.
EXPECT DIFFERENT COMPETITION
Two-apartment homes, Mount Pearl properties and homes from $400,000 to $499,999 experienced some of the strongest competition in this report.
DO NOT ASSUME EVERY HOME WILL SELL OVER ASKING
Approximately 63% of sales closed above the original list price. That also means more than one-third did not. Condition, location, pricing and buyer demand still matter.
PRICING STILL MATTERS
Strong averages do not guarantee the same result for an overpriced or poorly positioned property.
USE RELEVANT COMPARABLE SALES
Your most useful comparisons are similar properties in the same local market, not every sale across the metro.
PREPARATION CAN AFFECT COMPETITION
Condition, presentation, photography and launch strategy can influence how buyers respond when a home first reaches the market.
MARKET CONDITIONS VARY
A two-apartment home in Mount Pearl and a higher-priced rural property may require very different pricing and marketing strategies.
What was the median home price in the St. John’s metro?
The median sold price was $430,000 across 1,561 residential sales recorded between February 27 and August 26, 2026. The median varied by location and property type.
How quickly were homes selling?
The median residential property spent 23 days on the market. Homes from $400,000 to $499,999 had a 21-day median, while properties selling for $750,000 or more had a 49-day median.
Were homes selling above asking price?
The average sale price was 107.1% of the original list price. Approximately 63.1% of completed sales closed above their original list price, while 73.7% closed at or above it.
Which metro area was most competitive?
Among the major municipalities, Mount Pearl recorded the highest average sale-to-list ratio at 111.6% and the lowest estimated inventory at approximately one month.
What type of home faced the strongest competition?
Two-apartment homes recorded an average sale-to-list ratio of 110.7%. Nearly 76% of those properties sold above their original list price.
Does the metro median show what my home is worth?
No. The metro median describes the middle sale across a large and varied market. An individual home should be evaluated using its location, property type, size, condition, features and the most relevant recent comparable sales.
How often is this report updated?
This report is based on data available through August 26, 2026. Future reports should clearly display their reporting period and last-updated date.
Market averages are useful for context, but your next decision depends on your property, price range, location and plans. Tell me what you are considering, and I will help you narrow the data down to what is actually relevant.
This report analyzes 2,629 unique residential MLS® records contained in the MetroCMA export, including 1,561 completed sales and 431 active listings. Completed sales closed between February 27 and August 26, 2026. Municipality names were standardized where the same community appeared under different spellings, such as St. John’s, Mount Pearl, Paradise and Conception Bay South. Median prices and days on market use completed sales. Active inventory reflects listings marked active in the source file. Sale-to-list ratio compares the final sale price with the original list price. One clearly malformed ratio entry was excluded from the ratio calculations. Approximate months of inventory divides active listings by the average monthly number of sales during the six-month period. It is an estimate, not a forecast. Statistics describe groups of properties and should not be used as an appraisal or prediction of what an individual home will sell for.
Source: NLAR MLS® Matrix Metro CMA export supplied by Jay Schwartz. Analysis prepared August 27, 2026.
Prepared by Jay Schwartz, REALTOR®, Royal LePage Vision Realty Inc.
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