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

Graves Street, St. John's: Here's What Your Home Is Actually Worth Right Now

The Vibe on the Street

If you live on Graves Street and you haven't checked your HonestDoor Price lately, now is the time. The market here is sending mixed signals depending on what type of property you own - and the gap between houses and condos is worth paying attention to.

Houses: Taking a Breather

Let's be straight with you. House values on Graves Street are softening. The average HonestDoor Price for a house sits at $252,809 - down 4.26% from the previous period. The predicted market value is $264,058, which is actually trending upward from the 3-month moving average of $258,166. So while the recent dip is real, the short-term direction is pointing back up. That's a small but meaningful sign.

On the neighbourhood leaderboard, houses here rank 63 out of 90 in St. John's for growth. Below average, yes - but not at the bottom. Think of it as sitting in the middle of the pack, with room to move up.

The good news for landlords or anyone thinking about renting? A rental yield of 6.02% is genuinely strong. With an estimated rent of $1,416 per month, your house is working harder for you as an income property than many spots across the city.

• Average HonestDoor Price: $252,809
• Predicted Market Value: $264,058
• 3-Month Moving Average: $258,166
• Average Rental Estimate: $1,358/month
• Rental Yield: 6.02%
• Airbnb Estimate: $67/night
• Growth Rank: 63 out of 90 in St. John's

For context, neighbours on Wishingwell Road are sitting at a predicted value of $300,959 and Liverpool Avenue averages $277,613. We're priced below those streets right now - but our rental yield tells a different story about real-world returns.

Condos: A Wild Ride Worth Watching

The condo picture on Graves Street is more complicated. The average HonestDoor Price jumped 40.90% to $354,300 - that's a massive move. But the predicted market value has pulled back hard to $251,450, down 31.84% recently and well below the 3-month moving average of $363,717. That kind of swing tells us the condo market here is volatile right now. Proceed with eyes open.

On the leaderboard, condos rank 74 out of 94 in St. John's for growth. That puts us in below-average territory for this property type. The rental yield of 4.22% is moderate - it's not a loss, but it's not the standout number we see with houses.

• Average HonestDoor Price: $354,300
• Predicted Market Value: $251,450
• 3-Month Moving Average: $363,717
• Average Rental Estimate: $1,825/month
• Rental Yield: 4.22%
• Airbnb Estimate: $90/night
• Growth Rank: 74 out of 94 in St. John's

Adams Avenue condos are averaging $651,994 nearby - that's a completely different price tier. Wishingwell Road condos sit at $422,807. If you own a condo on Graves Street, you're priced well below those comparables, which could be an opportunity or a caution flag depending on your situation.

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

Here's the thing about government assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather forecast and stepping outside right now.

For Graves Street homeowners, this matters a lot. A house assessment from last year won't reflect the recent 4.26% dip. A condo assessment won't capture that 40.90% spike in the HonestDoor Price or the subsequent pullback. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is your real-world check against a number that may be months or years out of date.

So What Does This Mean If You're Thinking About Selling This Summer?

If you own a house on Graves Street, the window is interesting. Values dipped recently but the predicted value is climbing back above the 3-month average. Selling into a recovering trend is smarter than waiting for the dip to deepen. You're not at the top of the St. John's leaderboard, but a 6.02% rental yield means buyers who are investors will take notice - use that angle.

If you own a condo, be cautious. The volatility between the HonestDoor Price and the predicted value is significant. Talk to a local agent, get your HonestDoor Price pulled fresh, and price it carefully. Overpricing a condo in a below-average growth neighbourhood right now is the fastest way to sit on the market all summer.

Bottom line - Graves Street is not a hot market right now, but it's not a write-off either. Know your number, price it right, and move with the data - not against it.

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.