Moores Drive, Mount Pearl - June 2026 Real Estate Report

Moores Drive, Mount Pearl: Your Neighbours Are Watching Their Home Values Climb

The Vibe Right Now

If you own on Moores Drive, here is the honest picture. The market is not the same story for every property type, and knowing which side of that line you are on could be worth tens of thousands of dollars.

Houses: Steady and Holding Strong

House owners on Moores Drive, you are in a good spot. The average HonestDoor Price for a house here sits at $458,235, up 2.89% from the previous period. That is real, measurable momentum. The predicted market value backs this up at $445,345, which is creeping above the 3-month moving average of $444,700. The trend line is pointing in the right direction.

On the neighbourhood leaderboard, Moores Drive houses rank 10 out of 27 neighbourhoods in Mount Pearl for growth. That puts us in the above-average tier - not the flashiest number on the board, but solidly ahead of the pack.

• Average HonestDoor Price (Houses): $458,235
• Recent price change: +2.89%
• Predicted market value: $445,345
• 3-month moving average: $444,700
• Estimated monthly rent: $2,350
• Rental yield: 5.74% - strong returns
• Airbnb estimate: $117 per night
• Airbnb rank in Mount Pearl: 3rd
• Growth rank: 10 out of 27 in Mount Pearl

That 5.74% rental yield is worth pausing on. For anyone holding a house here as an investment, that is a number that beats a lot of what you will find elsewhere in the city. And ranking 3rd in Mount Pearl for Airbnb potential? Moores Drive is not a secret anymore.

For context, nearby Michener Avenue North is sitting at a predicted value of $438,418 and Michener Avenue South at $443,208. Moores Drive houses are priced above both. We are not the cheapest option on the block, and that is a good thing.

Condos: A Bumpier Ride

The condo picture is more complicated, and we are going to be straight with you. The average HonestDoor Price for a condo on Moores Drive is $372,783, which is down 15.13% from the previous period. The predicted market value sits at $439,258, but that is actually falling compared to a 3-month moving average of $540,556. The recent value change of -41.34% signals this segment is taking a serious breather.

On the leaderboard, condos here rank 10 out of 25 in Mount Pearl - above average, but the short-term numbers deserve attention if you are a condo owner thinking about timing a sale.

• Average HonestDoor Price (Condos): $372,783
• Recent price change: -15.13%
• Predicted market value: $439,258
• 3-month moving average: $540,556
• Estimated monthly rent: $1,965
• Rental yield: 3.95% - moderate returns
• Airbnb estimate: $97 per night
• Airbnb rank in Mount Pearl: 11th
• Growth rank: 10 out of 25 in Mount Pearl

Nearby Michener Avenue North condos are predicted at $438,418 and Michener Avenue South at $443,208. Moores Drive condos are sitting in a similar range, so the competition is tight. If you are a condo owner here, the rental yield of 3.95% is still workable, but it is not the standout story that houses are telling right now.

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

Here is something most homeowners do not think about until it is too late. Your city tax assessment is a snapshot from the past. It is calculated on old data and updated on a slow government schedule. By the time that number lands in your mailbox, the market has already moved.

The HonestDoor Price is a real-time check on what your property is actually worth today - not last year, not two years ago. For house owners on Moores Drive, that difference could mean your home is worth significantly more than the city thinks. For condo owners navigating a shifting market, it means you have a current, honest number to work with instead of guessing.

Think of the HonestDoor Price as the number a well-connected friend in real estate would give you over coffee - no lag, no bureaucratic delay, just what the market is actually doing right now on your street.

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

For house owners, the timing is genuinely interesting. Prices are up, the rental yield story is strong, and Moores Drive is outpricing its immediate neighbours. Buyers shopping in this part of Mount Pearl are comparing you against Michener Avenue North and Sauve Street - and right now, you have the edge in value. A summer listing, priced off your current HonestDoor Price rather than an outdated assessment, puts you in the driver's seat.

For condo owners, patience or pricing precision is the play. The short-term numbers show volatility. That does not mean do not sell - it means do not price blind. Pull your HonestDoor Price, understand where the predicted value sits versus the moving average, and have an honest conversation about what the market will actually bear right now versus what you hoped it would be.

Either way, the worst move is to guess. The best move is to know your real number before anyone else does.

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.