Bunbury, Stratford - August 2026 Real Estate Report

Bunbury, Stratford: Here Is What Your Home Is Actually Worth Right Now

If you live in Bunbury and you have not checked your HonestDoor Price lately, this is your nudge. The market is moving - and your city assessment is not keeping up. Here is the real picture for houses and condos in our corner of Stratford.

The Vibe: Houses vs. Condos in Bunbury

The two property types in Bunbury are telling very different stories right now, and it is worth knowing which one you are sitting in.

Houses - Holding Steady at the Top of the Pack

• Average HonestDoor Price: $560,981
• Predicted market value: $562,407
• 3-month moving average: $571,641
• Recent value change: -0.55%
• Average rental estimate: $2,739 per month
• Rental yield: 5.51%
• Airbnb estimate: $136 per night
• Growth rank: 2 out of 6 neighbourhoods in Stratford

Houses in Bunbury are taking a breather. The predicted value is sitting just below the 3-month moving average, which tells us we are off the recent peak by a small margin. But here is the thing - a growth rank of 2 out of 6 puts us solidly above average in Stratford. We are not leading the pack, but we are not trailing it either. For a house owner, that is a comfortable place to be.

The rental story is strong. A 5.51% yield is not something you see everywhere on PEI right now. If you are holding a house in Bunbury as an investment, the numbers are working in your favour. And with an Airbnb rank of 3 in Stratford, short-term rental income is a real option worth running the math on.

Compared to nearby areas, we stack up well. Downtown Charlottetown edges us out at $571,247, but Stratford overall sits at $439,234 and Parkdale at $394,804. Bunbury houses are priced above both - and earning it.

Condos - A Rebound Worth Watching

• Average HonestDoor Price: $245,600
• Predicted market value: $274,420
• 3-month moving average: $256,364
• Recent value change: +7.23%
• Average rental estimate: $1,334 per month
• Rental yield: 4.24%
• Airbnb estimate: $66 per night
• Growth rank: 2 out of 3 neighbourhoods in Stratford

Condos are the more complicated conversation. The average HonestDoor Price dropped 10.50% from the previous period - that is a real dip and worth acknowledging. But the predicted value of $274,420 is now running above the 3-month moving average of $256,364, and the recent change is up 7.23%. That is a bounce. Whether it holds is the question.

The growth rank of 2 out of 3 puts Bunbury condos in the below-average tier for Stratford right now. That is honest. But the gap between the HonestDoor Price and the predicted value suggests the market is starting to price in a recovery. Condo owners should be paying close attention over the next 60 to 90 days.

One note on context - Downtown Charlottetown condos are averaging $857,095 and Parkdale is at $850,545. Bunbury condos at $245,600 are in a completely different price bracket. For buyers priced out of those areas, Bunbury is worth a serious look.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the problem with waiting for your next city assessment. It is a snapshot from the past - sometimes 12 to 18 months behind where the market actually is. In a neighbourhood like Bunbury where condo values swung 10% in one period and house values are being pulled by short-term rental demand, that lag is not a small thing. It can mean thousands of dollars of difference between what the government says your home is worth and what a buyer would actually pay today.

The HonestDoor Price is updated in real time. It pulls from actual market activity, not a filing cabinet. If you are making any decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number to start with. Think of the city assessment as a history lesson. Think of the HonestDoor Price as the current chapter.

The So What - Should You Sell in Bunbury This Summer?

For house owners, the timing conversation is real. Values are just slightly off their 3-month peak, but you are still ranked 2 out of 6 in Stratford for growth. Buyer demand for homes with strong rental yields - and 5.51% qualifies - tends to hold up even when the broader market softens. If you have been thinking about listing, waiting for a big jump may not be the right play. The market is not collapsing, but it is not accelerating either. Summer inventory tends to rise, which means more competition for sellers.

For condo owners, the picture is more nuanced. The 10.50% drop from the previous period is a real data point you cannot ignore. But the predicted value climbing above the moving average is an early signal that the floor may be in. If you need to sell, price it sharp and move quickly. If you can hold, the next 90 days will tell you a lot about whether this rebound has legs.

Either way, the first step is the same - pull your HonestDoor Price today and see where you actually stand. Not where you stood last year. Right now.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.