Kennebecasis Bay, Saint John - August 2026 Real Estate Report

Kennebecasis Bay, Saint John: What Your Home Is Actually Worth Right Now

If you live in Kennebecasis Bay and you're still relying on your last city assessment to know what your home is worth, you're probably working with stale numbers. Here's the real picture - straight from the data, no fluff.

The Vibe: Houses vs. Condos in Kennebecasis Bay

We've got two pretty different stories playing out on our streets right now, depending on what type of property you own.

Houses: The average HonestDoor Price sits at $577,245 - up 4.55% from the previous period. That's a solid gain. But here's the honest part: the 3-month predicted value is tracking at $552,145, down from a moving average of $585,296, and recent values have shifted -5.18%. So the longer trend is positive, but the short-term momentum has cooled a bit. Think of it as our house market taking a breather after a good run. On the neighbourhood leaderboard, houses rank 27 out of 32 for growth in Saint John - that puts us in the bottom tier right now, and it's worth knowing.

Condos: This is where things get interesting for us. The average HonestDoor Price for condos is $803,500 - yes, that's higher than houses. Values have moved up 2.34% recently, and the predicted value of $868,600 is actually climbing above the 3-month moving average of $829,600. That's a sign of upward pressure. Condos rank 11 out of 16 in Saint John for growth - below average, but the short-term trajectory is pointing the right direction.

• Average House HonestDoor Price: $577,245 (up 4.55%)
• House predicted value: $552,145 (3-month avg: $585,296)
• House rental estimate: $2,717/month - rental yield of 5.55%
• House Airbnb estimate: $135/night - Airbnb rank #2 in Saint John
• House growth rank: 27 out of 32 in Saint John
• Average Condo HonestDoor Price: $803,500 (down 7.49%)
• Condo predicted value: $868,600 (3-month avg: $829,600)
• Condo rental estimate: $3,680/month - rental yield of 3.10%
• Condo Airbnb estimate: $185/night
• Condo growth rank: 11 out of 16 in Saint John
• Total transactions in 2026: 9 (transaction rank #13 in Saint John)

How We Stack Up Against the Neighbours

Kennebecasis Bay is priced above every nearby neighbourhood for houses. Mount Pleasant averages $426,564, Millidgeville comes in at $535,068, and Churchill Boulevard sits at $337,498. We're the priciest house market in our immediate area - by a meaningful margin. If you own here, that premium is real and it shows up in the data.

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

Here's the thing about city assessments - they're a snapshot from the past. They're updated on a schedule, not in real time. The market doesn't wait for that schedule.

The HonestDoor Price is a live, data-driven estimate that reflects what buyers are actually paying right now - not what a government office calculated months ago. In a market like Kennebecasis Bay, where house values have moved 4.55% up over the period but are showing short-term softness, the gap between your assessment and your real-world value could be significant in either direction. That gap is money - either left on the table or miscounted in your net worth.

Check your HonestDoor Price today. It takes about 30 seconds and it's the most accurate number you'll find without hiring an appraiser.

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

If you're a house owner eyeing a summer sale, the honest advice is this: price it right from day one. The short-term data shows softening, and with only 9 transactions recorded in 2026 so far, this is not a high-volume market. Buyers have options and they're paying attention. A well-priced home will move. An overpriced one will sit.

The good news? Your rental story is strong. A 5.55% rental yield on houses is genuinely attractive to investors. If you're marketing to that buyer pool, lead with that number - it's one of the better yields you'll find in Saint John.

For condo owners, the short-term momentum is actually working in your favour right now. The predicted value is climbing above the recent average. If you've been waiting for a window, this might be worth a closer look before the trend shifts again.

Bottom line - Kennebecasis Bay is still one of the higher-priced pockets in this part of Saint John. Know your number, price it sharp, and don't let a stale assessment be the reason you leave money behind.

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.