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

Logy Bay Road South Real Talk: Two Very Different Stories Under One Roof

The Vibe Right Now

If you own property on Logy Bay Road South, the story depends entirely on what type of property you have. Houses and condos are moving in opposite 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 here have dipped. The average HonestDoor Price for a house sits at $360,468, down 2.71% from the previous period. The predicted market value is $370,524, and that number is sliding - it's below the 3-month moving average of $373,612. On the neighbourhood leaderboard, houses in Logy Bay Road South rank 56 out of 92 comparable St. John's neighbourhoods for growth. That puts us in below-average territory right now.

That said, the rental picture is genuinely strong. If we were to rent our house out, the estimated return is $1,897 per month with a rental yield of 5.88%. That is not a number to ignore. Short-term rental potential sits around $94 per night on Airbnb, ranking 43rd in the city.

• Average HonestDoor Price (Houses): $360,468
• Recent price change: -2.71%
• Predicted market value: $370,524
• 3-month moving average: $373,612
• Estimated monthly rent: $1,897
• Rental yield: 5.88%
• Airbnb estimate: $94 per night
• Growth rank: 56 out of 92 in St. John's

Condos: A Different Story Entirely

Condos here are doing the opposite. The average HonestDoor Price is $381,337, up 5.35% from the previous period. The predicted market value is $361,963, and it is climbing - well above the 3-month moving average of $316,085. That is a 9.37% recent change in property values. On the neighbourhood leaderboard, condos in Logy Bay Road South rank 14 out of 92 in St. John's. That puts us among the top performers in the city right now.

Rental income potential for condos comes in at $1,912 per month. The yield is 4.06%, which is moderate but still respectable. Every comparable neighbourhood nearby - Empire Avenue East, Berteau Avenue, and Portugal Cove Road South - is priced lower for condos than we are here. That is a real competitive position.

• Average HonestDoor Price (Condos): $381,337
• Recent price change: +5.35%
• Predicted market value: $361,963
• 3-month moving average: $316,085
• Estimated monthly rent: $1,912
• Rental yield: 4.06%
• Airbnb estimate: $95 per night
• Growth rank: 14 out of 92 in St. John's

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

Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know that condo values here just jumped 9.37%. It does not know that house prices have softened. It is working off old data while the market keeps moving.

The HonestDoor Price is updated in real time. It reflects what is actually happening on the street right now, not what happened 12 to 18 months ago when assessors last looked. If you are a condo owner, your tax assessment is almost certainly underselling what your property is worth today. If you own a house, the HonestDoor Price gives you an honest read on where things stand - no sugar-coating, no lag time. Check it before you make any decisions.

The So What - Thinking About Selling This Summer?

For condo owners, the timing conversation is worth having seriously. You are sitting in the top 15% of St. John's neighbourhoods for condo growth right now. Every nearby neighbourhood is priced below you. If you have been on the fence, this is the window to at least get a real number on what your place is worth.

For house owners, this is not a panic moment - but it is not the moment to be passive either. Values are softening and the trend line on the 3-month average is pointing down. Selling into a cooling market is a timing game. Waiting for the market to bounce back without a clear reason it will is a gamble. Get your HonestDoor Price, compare it to what similar houses are actually closing at, and make a decision based on real numbers.

Either way, do not let a government assessment from last year be the number you base a six-figure decision on. That is what the HonestDoor Price is for.

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.