Are you wondering how our economy is doing so far this year?
According to recent stats and economic forecasts we are holding our own and it’s very positive overall.
Reports show the St. John’s Real Estate market is up 12% Year- to -Date compared to 2018.
We are still in a buyers market however as our inventory is still high with homes taking on average 88 days to sell. The median sale price to date in 2019 is $265,000 compared to $280,000 in 2018.
CLICK Here to read or download the recent Economic Report Published by: Economic Development, City of St. John’s
Any questions about anything happening in our Real Estate Market, please don’t hesitate to reach out to me.
I hope you are having a great summer, even though it was late coming and if we are fortunate it will last well into September!
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