If you've been watching the "For Sale" signs in Mayfair lately, here's what's actually happening. The market is taking a breather. The average HonestDoor Price for homes in Mayfair sits at $344,488, down 7.76% from the previous period. That's a real number, and it's worth paying attention to.
On the predictive side, our model puts Houses in Mayfair at a predicted value of $373,456 - but that number is sliding. The 3-month moving average is $386,883, which means values have dropped about 2% just recently. We're not in freefall, but we're not climbing either. This is a market where timing actually matters.
Here's the honest comparison. Mayfair is sitting in the middle of the pack price-wise, but on the growth leaderboard, we're near the bottom. Ranking 91 out of 103 Regina neighbourhoods means most of the city is outpacing us right now. That's not a reason to panic - but it is a reason to stop waiting.
Look at what's around us. River Bend homes are averaging $427,564 on HonestDoor and Spruce Meadows is all the way up at $516,123. Eastgate comes in cheaper at $321,926. Mayfair is genuinely affordable relative to those neighbours, and that's actually a selling point if you frame it right for buyers.
Here's the thing most Mayfair homeowners don't realize. Your city assessment is a snapshot frozen in time. It gets updated on a schedule that has nothing to do with what buyers are actually paying on your street today. The HonestDoor Price is a live, real-world check - it pulls from actual market activity and updates constantly.
Right now, with values shifting month to month, that gap between your old assessment and your real market value could be thousands of dollars in either direction. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number you want in your hand, not a government figure from last year.
Pull your HonestDoor Price today. It takes 30 seconds and it's free. That's your real starting point.
If you're thinking about selling in Mayfair this summer, the honest answer is: sooner beats later right now. Values are drifting down, not up. Every month you wait, the 3-month average is working against your asking price.
The rental numbers do give you an option though. If selling feels rushed, Mayfair houses are pulling an estimated $1,751 per month in rent, with a rental yield of 5.81%. That's a solid return. Holding and renting is a legitimate play if you're not in a hurry to cash out.
On the short-term rental side, Airbnb income is estimated at around $87 to $93 per night, but Mayfair ranks 69th in Regina for Airbnb potential. It's not a top-tier short-term rental market. Long-term tenants are likely your better bet if you go the rental route.
Bottom line - Mayfair is a solid, affordable neighbourhood with real options. But the market is not your friend if you sit on your hands. Check your HonestDoor Price, know your real number, and make a move with your eyes open.
mayfair | regina | october 2026This 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.