Moores Drive, Mount Pearl - August 2026 Real Estate Report

Moores Drive, Mount Pearl: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you live on Moores Drive 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 you own - and knowing which side you're on could change what you do this summer.

Houses vs. Condos - Here's the Split

For houses, the average HonestDoor Price sits at $441,433. That number has dipped 3.13% from the previous period, and the predicted market value is $455,688 - which is actually climbing past the 3-month moving average of $453,089. So yes, there's been a small pullback, but the forward-looking number is heading back up. The growth rank is 24 out of 28 comparable neighbourhoods in Mount Pearl, which puts houses here among the slower movers right now. The market is taking a breather. That said, if you're a landlord or thinking about becoming one, the rental picture is solid - estimated rent of $2,339 per month and a rental yield of 5.72% is genuinely strong.

• House HonestDoor Price: $441,433 (down 3.13%)
• Predicted Market Value: $455,688 (rising vs. 3-month average of $453,089)
• Estimated Rent: $2,339/month
• Rental Yield: 5.72%
• Airbnb Estimate: $113/night (ranked 4th in Mount Pearl)
• Growth Rank: 24 out of 28 in Mount Pearl

Condos are a different story. The average HonestDoor Price is $388,925, down 4.67% recently - but the predicted value has jumped to $407,958, and the recent change in property values is up 9.44%. That's a real signal. Condos here rank 12 out of 26 comparable neighbourhoods, putting them in above-average territory for growth in Mount Pearl. The rental yield is 4.02% with estimated rent at $2,131/month - moderate, but steady.

• Condo HonestDoor Price: $388,925 (down 4.67%)
• Predicted Market Value: $407,958 (rising vs. 3-month average of $406,667)
• Estimated Rent: $2,131/month
• Rental Yield: 4.02%
• Airbnb Estimate: $101/night (ranked 15th in Mount Pearl)
• Growth Rank: 12 out of 26 in Mount Pearl - above average

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. It doesn't know what happened on your street last month. The HonestDoor Price is updated in real time, pulling in actual sales data and market movement as it happens. For houses on Moores Drive, the predicted value of $455,688 is already higher than the current HonestDoor average of $441,433. That gap matters. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - using a stale government number could cost you. We use the HonestDoor Price because it's the closest thing to what a buyer would actually put on paper today.

Compare us to the neighbours: Michener Avenue North houses are predicted at $410,155 and Michener Avenue South at $416,767. Moores Drive houses are sitting above both. That's not nothing. It means we're holding a price premium in this pocket of Mount Pearl.

The So What - Should You Sell This Summer?

If you own a house on Moores Drive, the honest answer is: the window is open but it's not wide open. The growth rank of 24 out of 28 tells us this isn't the hottest block in Mount Pearl right now. But the predicted value is climbing, and you're priced above nearby streets. If you've been sitting on equity and thinking about making a move, getting your HonestDoor Price updated now gives you a real number to work with - not a guess.

If you own a condo, the story is more interesting. A 9.44% recent change in property values and a top-half growth rank means momentum is building. Selling into rising momentum is generally smarter than waiting for it to flatten. Summer buyer activity in Mount Pearl tends to pick up, and a predicted value of $407,958 gives you a strong starting point for a conversation with your agent.

Either way, the first move is the same - check your HonestDoor Price today. It takes two minutes and it's the most accurate real-world number you're going to find without hiring an appraiser.

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.