If you live on the Eastside, the market is telling two very different stories depending on what you own. Houses and condos are not moving in the same direction, and that gap matters for your wallet. Here is what we are actually looking at.
Our houses are sitting at an average HonestDoor Price of $363,908 - up 2.61% from the previous period, which sounds decent. But dig a little deeper and the short-term picture is less rosy. The predicted market value right now is $354,663, which is sliding below the 3-month moving average of $364,510. Values have dipped 6.44% recently. That is the market taking a breather.
On the neighbourhood leaderboard, our houses rank 19 out of 25 for growth in Sault Ste. Marie. That puts us in below-average territory compared to the rest of the city. Not a crisis - but worth knowing before you price your home.
The silver lining? If you are a landlord or thinking about becoming one, the rental story is solid. Estimated rent comes in at $1,863 per month with a rental yield of 5.90%. That is a strong return. Airbnb is ranked 18th in the city for houses, with an estimated $93 per month in short-term income potential.
This is where it gets interesting for us. Condos on the Eastside are genuinely outperforming. The average HonestDoor Price is $431,415 - up a strong 8.84% from the previous period. The predicted market value is $396,376 and it is climbing, sitting above the 3-month moving average of $368,227. That upward momentum is real.
On the neighbourhood leaderboard, Eastside condos rank 6 out of 23 in Sault Ste. Marie for growth. That is above average. If you own a condo here, you are in a better position than most of the city right now.
The Airbnb picture for condos is also worth a look. We rank 2nd in all of Sault Ste. Marie for short-term rental potential, with an estimated $110 per night and $102 per month in projected income. Rental yield sits at 4.03% - moderate, but paired with that appreciation, the total return story is compelling.
Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know that condo values on the Eastside just moved up 8.31%. It does not know that house prices have softened recently. It is static. The HonestDoor Price updates in real time, pulling in current market signals to give you what your property is actually worth today - not what a government office decided it was worth a year or two ago.
If you are a condo owner, your HonestDoor Price is almost certainly higher than your assessment right now. If you own a house, the current dip means your HonestDoor Price gives you a more accurate - and honest - number to work with before you make any big decisions. Do not let an outdated assessment be the only number in the room.
For condo owners, the timing is genuinely good. Values are climbing, we rank near the top of the city for growth, and buyer demand for condos is reflected in those numbers. If you have been sitting on the fence, this summer is worth a serious conversation with your agent.
For house owners, the picture calls for a bit more strategy. The short-term dip means pricing matters more than ever. Overpricing right now will cost you time and negotiating power. The good news is that the longer-term HonestDoor Price trend is still up 2.61%, so the fundamentals are not broken - the market just needs a little patience from sellers.
Either way, check your HonestDoor Price before you do anything else. It is the real-world number - not the one the city mailed you.
eastside | sault ste. marie | august 2026This 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.