Graves Street, St. John's - August 2026 Real Estate Report

Graves Street, St. John's: Your Neighbour Just Texted You This

The Vibe Right Now

If you own on Graves Street, the story depends entirely on what type of property you have. Houses and condos are moving in completely different directions - and knowing which side you're on could change what you do next.

Houses: Taking a Breather

Let's be straight with you. House values on Graves Street are sliding a bit. The average HonestDoor Price sits at $251,184, down 0.64% from last period. The 3-month predicted value is $252,809, but that number is trending down from a moving average of $260,606 - a drop of about 4.26% recently.

On the neighbourhood leaderboard, houses here rank 69 out of 92 comparable areas in St. John's. That puts us in below-average territory for growth right now. Not a crisis, but not a bragging point either.

The silver lining? If you're a landlord or thinking about becoming one, a rental yield of 6.03% is genuinely solid. At $1,348 per month in estimated rent, your money is still working for you even while prices cool.

• Average HonestDoor Price: $251,184
• Recent price change: -4.26%
• Estimated monthly rent: $1,348
• Rental yield: 6.03%
• Airbnb estimate: $67 per night
• Growth rank: 69 out of 92 in St. John's

For context, neighbours over on Wishingwell Road are averaging $325,504 and Liverpool Avenue sits at $282,214. We're the more affordable entry point on this stretch of St. John's - which cuts both ways depending on your goals.

Condos: A Completely Different Story

Condo owners on Graves Street, pay attention. Your numbers are moving in the right direction. The average HonestDoor Price is $372,800, up 5.22% from last period. The predicted value of $354,300 is climbing above the 3-month moving average of $324,883 - a recent change of 40.90%.

On the neighbourhood leaderboard, condos here rank 15 out of 94 in St. John's. That puts us among the top performers in the city. That is not a small thing.

• Average HonestDoor Price: $372,800
• Recent price change: +40.90%
• Estimated monthly rent: $1,910
• Rental yield: 4.07%
• Airbnb estimate: $95 per night
• Growth rank: 15 out of 94 in St. John's

Nearby, Wishingwell Road condos are predicted at $422,807 and Liverpool Avenue at $351,604. We sit right in the middle - priced accessibly but trending up fast.

The Secret Sauce: Why Your Tax Assessment Is Lying to You

Here is the thing about your city assessment. It is a snapshot from the past. It does not know what happened to condo prices on your street in the last quarter. It does not know your house's rental yield. It is basically a photo from last year being used to describe what you look like today.

The HonestDoor Price is updated in real time using actual market signals. For condo owners on Graves Street, that means your assessment is almost certainly behind the curve - potentially by a lot given that 40.90% recent change. For house owners, it gives you an honest read on where things actually stand, not where they stood 18 months ago.

Checking your HonestDoor Price right now is not about vanity. It is about knowing your real number before anyone else in the negotiation does.

The So What - Thinking About Selling This Summer?

If you own a house on Graves Street, the honest advice is this: the market is softer than it was. Selling into a downtrend is not ideal, but a 6.03% rental yield means holding and renting is a legitimate option while you wait for conditions to shift. If you need to sell, price it sharp - buyers on this street have options nearby at Liverpool Avenue and Wishingwell Road.

If you own a condo, summer 2025 looks more interesting. You are sitting in a top-15 growth neighbourhood in St. John's right now. Buyer demand for condos is real, and your HonestDoor Price reflects momentum that your tax assessment has not caught up to yet. If selling has been on your mind, this is the window worth having a serious conversation about.

Either way - check your HonestDoor Price first. 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.