De Saint-Elie, Sherbrooke - August 2026 Real Estate Report

De Saint-Elie, Sherbrooke: Your Neighbour Just Got a Raise. Did You?

If you own a home in De Saint-Elie and you haven't checked your property value lately, here's the short version: prices are moving up, quietly but steadily. This isn't a headline-grabbing surge - it's the kind of slow, reliable climb that adds real dollars to your net worth without you doing a thing. Here's what the numbers actually say.

The Vibe: Houses vs. Condos

Let's break down what's happening for us here in De Saint-Elie, depending on what you own.

Houses - If we're talking detached homes, the average HonestDoor Price sits at $434,256, up 1.47% from the previous period. The average sale price on recent transactions landed at $500,000, with a price per square foot of around $363. The predicted market value is $455,768, which is already creeping above the 3-month moving average of $455,278 - a sign that momentum is pointing in the right direction. For context, that puts us noticeably ahead of nearby De Rock Forest ($377,595) and De Deauville ($403,130). We're not the cheapest option in the area, and that's a good thing.

• Average HonestDoor Price: $434,256 (up 1.47%)
• Recent average sale price: $500,000
• Price per square foot: $363
• Predicted market value: $455,768
• Estimated monthly rent: $2,282
• Rental yield: 5.71% - strong returns for investors
• Neighbourhood growth rank: 1st among comparable areas

Condos - The condo side of De Saint-Elie tells a different story in terms of price point, but the direction is the same. The average HonestDoor Price is $234,645, up 1.75% - actually a slightly faster pace of growth than houses. The predicted market value is $230,618, up from a 3-month moving average of $228,224. Compared to nearby neighbourhoods like De Deauville ($405,905) and Des Chateaux-D'Eau ($504,389), our condos are significantly more affordable. For a first-time buyer or an investor watching their budget, that gap is worth paying attention to.

• Average HonestDoor Price: $234,645 (up 1.75%)
• Predicted market value: $230,618
• Estimated monthly rent: $1,218
• Airbnb estimate: $60 per night
• Rental yield: 4.22% - moderate but consistent

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

Here's the thing most homeowners in De Saint-Elie don't realize. Your municipal tax assessment is a snapshot frozen in time - often 12 to 24 months out of date by the time it lands in your mailbox. The city isn't watching the market week to week. You should be.

The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. Right now, houses in De Saint-Elie are sitting at a predicted value of $455,768 - and that number is already higher than the recent 3-month average. Your assessment almost certainly hasn't caught up to that. The gap between what the city thinks your home is worth and what a buyer would actually pay today? That's your hidden equity. And it's growing.

Checking your HonestDoor Price isn't just a curiosity exercise. It's how you find out what you're actually sitting on.

The "So What?" - Thinking About Selling This Summer?

If selling is on your radar, De Saint-Elie is giving you a reasonable window right now. Values are up, the predicted price is trending above the moving average, and houses here are priced above comparable spots like De Rock Forest and De Deauville - which means buyers looking at those neighbourhoods will land on yours as a strong alternative.

A few things to keep in mind before you plant that "For Sale" sign:

• Houses are averaging $500,000 on recent sales - price yours with that anchor in mind, not your old assessment.
• The rental yield on houses is 5.71% - if you're not selling, that's a strong argument for holding and renting.
• Condo owners: your growth rate of 1.75% is actually outpacing houses right now. Don't undersell.
• De Saint-Elie ranks 1st in growth among comparable Orford neighbourhoods - use that on your listing.

The market isn't on fire, but it's not taking a breather either. It's steady, it's moving your way, and summer is historically when buyers get serious. If you've been sitting on the fence, this is a decent moment to at least find out what your home is worth today - not what the city decided two years ago.

Check your HonestDoor Price. Know your number. Then decide.

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.