07/13/2026
In the last 10 days, a two-apartment home in St. John’s sold for roughly $116,000 over asking.
Another in Paradise went for about $101,000 over, and one in Mount Pearl sold for nearly $76,000 over asking.
The whole market is not equally competitive, but affordable two-apartment homes are clearly getting a lot of attention right now.
Meanwhile, buyers looking above $750,000 generally had more room to negotiate.
But I have a question, if buyers are paying this much over asking, will they still be able to build equity, or are they starting too high?
I’m Felix Oyeleke, a local REALTOR® with eXp Realty. Whether you’re buying or selling, feel free to contact me. I can help you review the numbers, understand the market and build a clear strategy before making an offer or listing your property.
Search current listings at stjohnsproperties.ca
Based on MLS® activity in the selected St. John’s Metro area from July 3–12, 2026.