Major's Path, St. John's - September 2026 Real Estate Report

Major's Path, St. John's: What Your Neighbour Hasn't Told You Yet

The Vibe Right Now

If you've been watching the "For Sale" signs on Major's Path lately, here's the honest read: it depends a lot on what type of property you own. Houses and condos are telling two very different stories right now, and knowing which one is yours could change what you do next.

Houses - Taking a Breather

Let's be straight with each other. The house market in Major's Path is cooling off. The average HonestDoor Price for a house sits at $241,351, and that number has slipped 5.87% from the previous period. The 3-month moving average is $263,059, and the current predicted value of $256,403 is tracking below that. We're heading in the wrong direction, at least for now.

On the neighbourhood leaderboard, houses in Major's Path rank 82 out of 92 comparable neighbourhoods in St. John's for growth. That puts us near the bottom of the pack. That's not a number to ignore if you're thinking about selling.

The silver lining? If you're holding a house here as a rental, the numbers are actually decent. Estimated rent comes in at $1,376 per month with a rental yield of 6.04%. That's a strong return. Renting it out while you wait for the market to find its footing is a real option worth considering.

• Average HonestDoor Price (Houses): $241,351
• Price change: -5.87% from previous period
• Predicted market value: $256,403
• 3-month moving average: $263,059
• Estimated monthly rent: $1,376
• Rental yield: 6.04%
• Growth rank: 82 out of 92 in St. John's

Condos - A Different Story Entirely

Now here's where it gets interesting for us condo owners. The average HonestDoor Price for a condo in Major's Path is $639,118 - up 8.06% from the previous period. The predicted value of $591,427 is actually climbing past the 3-month moving average of $526,685. That's momentum. That's buyers catching up to what sellers already know.

The condo market here ranks 49 out of 92 neighbourhoods in St. John's for growth. Right in the middle of the pack - not a leader, but nowhere near the bottom either. We're holding steady while the condo market finds its footing across the city.

The Airbnb picture for condos is also worth a look. At an estimated $150 per night and an Airbnb rank of 16 in St. John's, Major's Path condos sit near the top of the short-term rental game locally. That's a real income lever for owners who have flexibility.

• Average HonestDoor Price (Condos): $639,118
• Price change: +8.06% from previous period
• Predicted market value: $591,427
• 3-month moving average: $526,685
• Estimated monthly rent: $2,861
• Rental yield: 3.65%
• Airbnb estimate: $150 per night
• Airbnb rank in St. John's: 16 out of 92
• Growth rank: 49 out of 92 in St. John's

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

Here's the thing about your city assessment: it's a snapshot from the past. The city looks at sale data from a set window, runs its formula, and mails you a number that could be 12 to 18 months out of date by the time it lands in your mailbox. A lot can change in that time - and in Major's Path right now, it clearly has.

The HonestDoor Price is updated in real time using actual market signals. For house owners here, that means the gap between your assessment and your real-world value may already be wider than you think - and not in your favour. For condo owners, the opposite might be true. Your property could be worth more than the city is giving you credit for.

Checking your HonestDoor Price right now is not about obsessing over numbers. It's about knowing where you actually stand before you make any decision - whether that's selling, refinancing, or just figuring out if your insurance coverage still makes sense.

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

If you own a house in Major's Path and a "For Sale" sign has been on your mind, the data is telling you not to wait around hoping for a rebound. Values are dipping, the growth rank is near the bottom of St. John's, and the 3-month trend is pointing downward. Listing sooner rather than later - while you still have a buffer above the trough - is the smarter play. Waiting for the market to "come back" is a gamble right now.

If you own a condo, you're in a better spot. Values are rising, momentum is building, and you're sitting in a neighbourhood where short-term rental demand is genuinely strong. You have options - sell into a rising market, rent it long-term for a steady yield, or even test the Airbnb waters given that top-20 city ranking. None of those are bad choices.

Either way, the first step is the same: pull your HonestDoor Price today. Know your real number. Then decide.

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.