Logy Bay Road South, St. John's - July 2026 Real Estate Report

Logy Bay Road South, St. John's: What Your Home Is Actually Worth Right Now

The Vibe on the Street

If you live on Logy Bay Road South and you haven't checked your HonestDoor Price lately, now is the time. The market here is doing two very different things depending on what type of property you own - and that gap matters for your wallet.

Houses vs. Condos: Two Very Different Stories

Let's start with houses. The average HonestDoor Price for a house here sits at $369,331, which is down 3.06% from the previous period. That sounds like a headline worth worrying about, but here's the fuller picture: the predicted market value for houses is $380,982, and that number is climbing above the 3-month moving average of $365,518. So yes, we saw a dip, but the forward signal is pointing back up. The growth rank for houses sits at 34 out of 90 neighbourhoods in St. John's - that puts us in above-average territory on the city leaderboard. Not the top of the pack, but solidly in the upper half.

• Average HonestDoor Price (Houses): $369,331
• Predicted Market Value: $380,982
• 3-Month Moving Average: $365,518
• Average Rental Estimate: $1,938/month
• Rental Yield: 5.86% - that is a strong return
• Airbnb Estimate: $96/night
• Growth Rank: 34 out of 90 in St. John's

Condos are a different conversation. The average HonestDoor Price for a condo here jumped 29.61% from the previous period to $330,954. That is a big number. But the predicted market value is currently sitting at $255,338, which is below the 3-month moving average of $344,872 - and the recent value change is down 27.53%. What does that mean for us? It means condo prices here had a sharp run-up, and the market is now recalibrating. The growth rank for condos is 53 out of 94 neighbourhoods - below average for St. John's right now.

• Average HonestDoor Price (Condos): $330,954
• Predicted Market Value: $255,338
• 3-Month Moving Average: $344,872
• Average Rental Estimate: $1,682/month
• Rental Yield: 4.21% - moderate, not spectacular
• Airbnb Estimate: $83/night
• Growth Rank: 53 out of 94 in St. John's

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for a Tax Assessment

Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know that house prices on Logy Bay Road South are trending back up right now, or that the condo market just went through a significant swing in both directions within a short window. Your assessment was set months ago and it will not be updated anytime soon.

The HonestDoor Price is a real-time read on what your property is actually worth today - not last year, not at the last assessment cycle. For house owners here, that predicted value of $380,982 is already running ahead of the 3-month average. For condo owners, knowing the gap between the HonestDoor Price and the predicted value right now is critical before making any move. You need current numbers, not stale ones.

Compared to nearby neighbourhoods, houses here are priced well below Portugal Cove Road South ($549,824) and Empire Avenue East ($496,908). That relative affordability is a real selling point for buyers looking at this part of St. John's.

The So What - Should You Sell This Summer?

If you own a house on Logy Bay Road South, the timing conversation is genuinely interesting. The predicted value is rising above the recent moving average, the rental yield is strong at 5.86%, and we rank in the top half of St. John's neighbourhoods for growth. Buyers who got priced out of Portugal Cove Road South or Empire Avenue East are looking at streets like ours. That is real demand.

If you own a condo, take a breath before listing. The market here is taking a breather after a big run-up. The predicted value is sitting well below the recent average, and the growth rank of 53 out of 94 tells you this segment is not leading the pack right now. That does not mean do not sell - it means go in with accurate, current numbers so you price it right the first time.

Either way, the move is the same: check your HonestDoor Price today. Not your assessment. Not what your neighbour thinks their place is worth. The actual, current number - because that is what buyers are looking at when they walk through your door.

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.