Single Detached
Months of inventory for single detached homes numbered 4.6 at the end of the third quarter of 2026, down from the 5.7 months recorded at the end of the third quarter of 2025. This was the lowest level of months of inventory ever recorded in a third quarter.
Months of inventory for single detached homes in St. John’s numbered 2.9 at the end of the third quarter of 2026, down from the 3.8 months recorded at the end of the third quarter of 2025. This was the lowest level of months of inventory ever recorded in a third quarter for St. John’s.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
With a tighter market, single detached homes spent less time on the market in the third quarter of 2026 than they had a year earlier.
The median number of days on market for sold single detached homes was 59 in the third quarter of 2026, down slightly from 62 days in the third quarter of 2025.
The median number of days on market for sold single detached homes in St. John’s was 47 in the third quarter of 2026, down slightly from 49 days in the third quarter of 2025.
Multi-Family
Months of inventory for multi-family units numbered 3.3 at the end of the third quarter of 2026, down from the 4.5 months recorded at the end of the third quarter of 2025.
Months of inventory for multi-family units in St. John’s numbered 2.3 at the end of the third quarter of 2026, down slightly from the 2.7 months recorded at the end of the third quarter of 2025.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Despite a tighter market, multi-family units spent more time on the market in the third quarter of 2026 than they had a year earlier.
The median number of days on market for sold multi-family units was 52 in the third quarter of 2026, up slightly from 50 days in the third quarter of 2025.
The median number of days on market for sold multi-family units in St. John’s was 48 in the third quarter of 2026, up slightly from 45 days in the third quarter of 2025.
