![\"Corner](\"http:\/\/www.teambishopnl.ca\/blog\/wp-content\/uploads\/2018\/11\/Corner-Brook.jpg\")
<\/a>New Listings: -7.2%<\/span> Listings are down 7.2% in Corner Brook over summer of last year and sales are down 5.4% The average price of a residential home is currently at $206,119, down 3.4% over last year. We are noticing buyers having an upper hand in a lot of transactions currently. Days on market seem to stand out the most, with a 21.3% increase from last year. Homes in Corner Brook currently take about 70 days to sell.<\/p>\n January and February tend to be the slower months, which means we still have a couple more months of active buyers and sellers trying to put a deal together. Last year’s fall months saw a surplus of listings, with the number of active listings comparing to the summer months of 2016.<\/p>\n New Listings: -11.4%<\/span> The number of new listings has decreased 11.4% over the same time last year but have increased over the last three years while the number of sales has decreased by 1.4%. Similar to Corner Brook, Pasadena is in a buyer’s market as well. Of most significance, the number of days to sell has risen substantially by 21.8%. It now takes more than twice as long to sell a home than just two years ago, which is currently 145 days.<\/p>\n The average sale price of homes in Pasadena, interestingly, have stayed roughly the same, even gone up a bit in the last three years, although it is down 9.3% over last year to $244,072. This can be contrinbuted to newer homes being sold in newer areas of town and buyers looking outside Corner Brook for homes with bigger yards in the $200,000 to $300,000 price range. Pasadena currently has the highest average home price between the three areas but also the highest number of days to sell.<\/p>\n New Listings: -4.2%<\/span> The number of new listings has decreased 11.4% over the same time last year but have increased over the last three years while the number of sales has decreased by 1.4%. Similar to Corner Brook, Pasadena is in a buyer’s market as well. Of most significance, the number of days to sell has risen substantially by 21.8%. It now takes more than twice as long to sell a home than just two years ago, which is currently 145 days.<\/p>\n The number of new listings has remained high while sales have dropped by 17.5% while the number of days on market has increased 17.9% to 79 days. This indicates a strong buyer’s market as we head into the fall and winter months.<\/p>\n","protected":false},"excerpt":{"rendered":" As we head into the fall months we tend to see more price reductions and homes coming off the market. That’s why it’s ever important to have your agent look into off-market properties, as they may still be willing to sell their home). We also tend to see last-minute buyers pulling the trigger on purchasing … <\/p>\n
\nSales: -5.4%<\/span>
\nDays to Sell: 21.3%<\/span>
\nAverage Sale Price: -3.4%
\n* compared to Summer 2017<\/span><\/em><\/span><\/p>\nPasadena<\/h1>\n
<\/a>
\nSales: -1.4%<\/span>
\nDays to Sell: 21.8%<\/span>
\nAverage Sale Price: -9.3%<\/span>
\n* compared to Summer 2017<\/em><\/p>\nDeer Lake<\/h1>\n
<\/a>
\nSales: -17.5%<\/span>
\nDays to Sell: 17.9%<\/span>
\nAverage Sale Price: 7.3%<\/span>
\n* compared to Summer 2017<\/p>\n