HonestDoor

    Kennebecasis Bay, Saint John - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Saint John, Kennebecasis Bay

    Kennebecasis Bay, Saint John: Your Home Is Worth More Than the City Thinks

    The Vibe Right Now

    If you live on the Bay, you already know this neighbourhood punches above its weight. But here is what the numbers are actually telling us heading into summer 2026.

    Houses and condos are telling two different stories right now, and knowing which one applies to your property could be the difference between leaving money on the table or walking away with a strong deal.

    Houses - Holding Strong With Momentum

    The average HonestDoor Price for a house in Kennebecasis Bay sits at $558,808. Yes, that is down 3.19% from the previous period - the market is taking a breather. But here is the part worth paying attention to: the predicted market value for houses is $577,245, and that number is climbing. The 3-month moving average is $570,558, and we are already above it. That is a market finding its floor and pushing back up.

    • Average HonestDoor Price: $558,808
    • Predicted Market Value: $577,245 (trending up)
    • 3-Month Moving Average: $570,558
    • Recent Value Change: +4.55%
    • Growth Rank: 4 out of 33 neighbourhoods in Saint John
    • Average Rental Estimate: $2,645 per month
    • Rental Yield: 5.51% - that is a strong return
    • Airbnb Estimate: $131 per night - ranked 2nd in all of Saint John

    That growth rank is a big deal. Out of 33 neighbourhoods tracked in Saint John, Kennebecasis Bay houses land in the top 4. That is a leaderboard stat worth knowing when you are deciding whether to list this summer or wait.

    Compare that to nearby neighbourhoods and the picture gets even clearer. Mount Pleasant averages $414,001. Millidgeville comes in at $540,117. Churchill Boulevard sits at $333,585. We are the most expensive house market in our immediate area - and the rental numbers back that up too.

    Condos - A Different Conversation

    Condo owners need to read this carefully. The average HonestDoor Price for condos in Kennebecasis Bay is $743,200, but it has dropped 7.50% from the previous period. The predicted market value is $803,500, though that number is currently trending down from a 3-month moving average of $840,267. This segment is cooling off more noticeably than houses.

    • Average HonestDoor Price: $743,200
    • Predicted Market Value: $803,500 (trending down)
    • 3-Month Moving Average: $840,267
    • Recent Value Change: -7.49%
    • Growth Rank: 4 out of 16 condo neighbourhoods in Saint John
    • Average Rental Estimate: $3,470 per month
    • Rental Yield: 3.25% - moderate returns
    • Airbnb Estimate: $170 per night - ranked 10th in Saint John

    Still ranked 4th out of 16 condo neighbourhoods in the city, so we are above average. But if you own a condo here and have been thinking about selling, the trend line is something to watch closely right now.

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

    Here is the thing about your city assessment: it is a snapshot from the past. It gets updated on a schedule, not in real time. The market does not wait for that schedule.

    The HonestDoor Price is updated continuously using actual transaction data and current market signals. With 11 property transactions recorded in Kennebecasis Bay in 2026 already, there is real, live data shaping these numbers right now. Your tax assessment has no idea that house values here just posted a 4.55% change or that the predicted value is already outpacing the 3-month average.

    If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check. The assessment is the old receipt at the bottom of your drawer.

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

    For house owners, the timing is genuinely interesting. The short-term dip in the HonestDoor Price looks like a blip when you stack it against the predicted value climbing past $577,000 and a growth rank sitting in the top 4 in the city. Buyers looking at Kennebecasis Bay know they are paying a premium over nearby neighbourhoods - and they are still showing up. That is leverage for a seller.

    For condo owners, the honest answer is: do not wait too long. The predicted value is still strong at $803,500, but it is moving in the wrong direction right now. If you have been sitting on a condo and thinking "maybe next year," the data suggests this summer is a better window than next spring.

    Either way, the first step is knowing what your property is actually worth today - not what the city said it was worth 18 months ago. Check your HonestDoor Price, see where you stand on the leaderboard, and make the call with real numbers in hand.

    kennebecasis bay | saint john | september 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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