Moores Drive, Mount Pearl - September 2026 Real Estate Report

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

The Vibe Right Now

If you own on Moores Drive and you have not checked your HonestDoor Price lately, now is the time. The market here is sending mixed signals depending on what you own, and knowing the difference could be worth tens of thousands of dollars to you.

Houses: Still Holding Real Value

Let's start with the good news for house owners. The average HonestDoor Price for a house on Moores Drive sits at $464,664 - up 5.26% from the previous period. That is real money moving in the right direction.

Yes, the short-term predicted value of $441,433 is dipping slightly below the 3-month moving average of $451,785, and values have shifted by -3.13% recently. So we are seeing a bit of a breather in the short run. But the bigger HonestDoor Price trend is still pointing up. Do not let a 90-day dip spook you.

• Average HonestDoor Price (Houses): $464,664
• Price change from previous period: +5.26%
• Predicted market value: $441,433
• 3-month moving average: $451,785
• Estimated monthly rent: $2,275 - $2,376
• Rental yield: 5.75% - that is a strong return
• Airbnb estimate: $118 per night
• Airbnb rank in Mount Pearl: 3rd - top tier
• Neighbourhood growth rank: 16 out of 28 in Mount Pearl

That Airbnb rank of 3rd in all of Mount Pearl is worth paying attention to. If you have ever thought about short-term rental income, Moores Drive is one of the better spots in the city to make that work.

Compared to nearby streets, we are ahead. Michener Avenue North is sitting at $346,183 and Michener Avenue South at $403,696. Sauve Street comes in at $411,284. Moores Drive house owners are leading the pack on price.

Condos: A Bigger Story to Watch

Condo owners, we need to have a straight conversation. The average HonestDoor Price for condos on Moores Drive is $310,308, and it has dropped 20.21% from the previous period. That is a significant move and it deserves your attention.

The predicted value of $388,925 is actually sitting above the HonestDoor average right now, which tells us there is some complexity in how these units are being valued. The 3-month moving average of $389,889 is also trending slightly down, and recent value change sits at -4.67%.

• Average HonestDoor Price (Condos): $310,308
• Price change from previous period: -20.21%
• Predicted market value: $388,925
• 3-month moving average: $389,889
• Estimated monthly rent: $1,664 - $2,040
• Rental yield: 4.04% - moderate but workable
• Airbnb estimate: $82 per night
• Airbnb rank in Mount Pearl: 14th
• Neighbourhood growth rank: 15 out of 26 in Mount Pearl

On the neighbourhood leaderboard, condos here rank 15th out of 26 comparable areas - below average for Mount Pearl. That does not mean panic. It means condo owners need current, accurate data more than anyone else right now.

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

Here is the thing about your city assessment - it is a snapshot from the past. The city looks at sale data from a fixed date and applies it broadly. It does not know that your street just had a strong sale, or that short-term rental demand in your area just jumped. It is a static number in a moving market.

The HonestDoor Price is updated in real time. It pulls from actual sales, current listing activity, and neighbourhood-level trends. For house owners on Moores Drive, that means your HonestDoor Price of $464,664 is reflecting today's market - not last year's. For condo owners watching a -20.21% shift, it means you are seeing the real picture now, not six months from now when the city catches up.

Waiting for your next tax assessment to understand what your home is worth is like checking last winter's weather forecast to decide what to wear today. Use the live number.

The So What - Thinking About Selling This Summer?

If you own a house on Moores Drive and you are thinking about listing this summer, the timing has some real things going for it. You are priced above every comparable street nearby. Buyers looking at Michener Avenue or Sauve Street will see Moores Drive as a step up - and the numbers back that up. The short-term dip in predicted value is something to watch, but the 5.26% gain in your HonestDoor Price suggests the underlying demand is still there.

If you own a condo, the honest advice is this - get your HonestDoor Price pulled up right now before you make any decisions. A 20% drop in one period is a signal worth understanding before you price a listing or decide to hold. You may still be in a better position than you think, especially with a predicted value sitting near $389,000. But you need current data, not assumptions.

Either way, Moores Drive is not a street to ignore right now. Check your HonestDoor Price, know where you stand on the leaderboard, and make your move with real numbers in hand.

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.