What’s the real story behind the recent Paradise housing trends?
Buyers are competing, prices are strong, and well-positioned homes are commanding impressive results.

A Clear Look at the Paradise Market

As a local real estate agent here in Newfoundland, I recently reviewed all 171 detached home sales in Paradise over the past 6 months to give you a clear, data-driven look at what’s happening in the Paradise NL real estate market. The numbers tell a confident story—and if you’re thinking about selling, it’s a story that works in your favor.

If you’d like to know where your own home could land in today’s market, you can always email me at relliott@royallepage.ca for a personalized valuation based on your property, your street, and real comparable sales.

Homes Are Selling Over Asking—Often and Significantly

Across all 171 sales, the average list-to-sale price ratio came in at 104%.
That means buyers paid about 4% over asking on average.

Out of the total sales:

• 98 homes sold over asking
• 23 sold at asking
• 50 sold under asking

With 57% of all homes selling above list price, more than one out of every two sellers achieved a premium. And for those that sold over asking, the average premium was approximately $33,400, with the median near $28,100.

These results reflect strong buyer demand—and the type of competitive environment where strategic pricing and marketing can make a meaningful impact. If you’re wondering how your home would perform, I’m happy to run the numbers for you.

Listing Prices vs. Sale Prices

The Paradise market continues to show consistency and strength across both averages and medians:

• Average list price: ≈ $460,400
• Average sale price: ≈ $472,900
• Median list price: ≈ $425,000
• Median sale price: ≈ $430,600

In practical terms, most detached homes are listed in the mid-$400s and are selling in the $475K range, depending on size, features, and presentation.

Price Per Square Foot: What Buyers Are Paying

Price per square foot remains a valuable lens on the Paradise NL real estate market.
Across the 171 sales:

• Average PPSF: ≈ $204/sq. ft.
• Median PPSF: ≈ $196/sq. ft.

Most homes are trading in the $190–$210 per sq. ft. range, with natural variation based on age, updates, layout, and overall condition.

If you’re curious how your home compares within this PPSF range, I can break it down precisely for you—just send me a quick email at relliott@royallepage.ca.

What This Means for You as a Homeowner

The data makes one thing clear: Paradise remains a steady, competitive market with strong outcomes for sellers who position their homes well. With more than half of sales landing over asking, and with sale prices consistently outpacing list prices, you’re in a solid environment to maximize your return.

If you’re considering a move—or just want clarity on what your home would sell for today—I’d be happy to prepare a no-pressure, detailed home valuation that reflects real buyer activity and real market performance.

Ready for Clarity on Your Home’s Value?

You can book a personalized, data-driven home valuation by emailing me anytime at relliott@royallepage.ca.
No pressure—just the insight you need to make the right next move.