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Major Newfoundland Labrador Metro Areas

View Listings and Homes for Sale in Newfoundland Labrador
St. Johns and Eastern Newfoundland Area  

Newfoundland and Labrador Quick Statistics
Population: 509,700
Largest Newfoundland and Labrador Cities:
St. Johnís: 100,600
Mount Pearl: 24,600
Others: Corner Brook

Newfoundland and Labrador
Newfoundland and Labrador is the easternmost province of Canada situated on the countryís Atlantic Coast and consists the Island of Newfoundland and Labrador on the mainland. The population is estimated to exceed 500,000 people. Fishing, agriculture, and tourism are all fundamental contributors to the Provinceís economy. There are a number of options in this provincial area for those looking to make a real estate investment. Newfoundland and Labradorís average home price is about $230,000.

Notable Areas:
St. John
St. John is located on the Island of Newfoundland within the northeastern tip of the Avalon Peninsula. St. John is the provincial capital of Newfoundland and Labrador. With a population of over 100,500, St. John and its surrounding suburbs have consistently been the fastest growing metro area in Atlantic Canada. In recent years, St. John has turned itself into a modern metropolis known for its nightlife and musical culture. The average price of a home in this city is about $245,000. The median price for a single-detached house price is about $315,000 and the average price is about $291,000.†

Newfoundland Real Estate Market Snapshot:

Newfoundland Real Estate Market:
Households: 197,245
Single Detached Houses: 145,780
Average Newfoundland and Labrador Home Sales Price: $230,000

St. Johnís, N.L. Real Estate Market (2010)
Home Listings - Sales: 3,650
Home Listings - New Listings: 7,500
Home Listings - Average Price: $245,000
Median Single Detached House Price: $315,250
Average Single Detached House Price: $291,000

Average Income by Level of Education (Newfoundland and Labrador):
University Bachelorís Degree: $45,900
Median Total Income (2008): $59,320

Average Income by Level of Education (St. Johnís--N.L.):
Below Bachelorís Degree: $27,000
University Bachelorís Degree: $48,400
Above Bachelorís Degree: $69,200

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