Mount Carson Avenue, Mount Pearl - September 2026 Real Estate Report

Mount Carson Avenue, Mount Pearl: Your Neighbours Are Watching the Numbers - You Should Too

The Vibe Right Now

If you live on Mount Carson Avenue, the honest answer is: it depends on what you own. Houses and condos are telling two very different stories this season, and knowing which story is yours could be worth tens of thousands of dollars.

Houses - Taking a Breather

The average HonestDoor Price for a house on Mount Carson Avenue sits at $386,887, up 2.81% from the previous period. That sounds good on the surface. But dig one layer deeper and the short-term picture is a bit softer. The predicted market value right now is $376,329, which is sliding below the 3-month moving average of $384,798. Recent price movement is down 4.26%.

On the neighbourhood leaderboard, houses here rank 22 out of 28 for growth in Mount Pearl. That puts us in the below-average tier. Not a crisis - but not a bragging point either. The market is taking a breather.

The silver lining? If you own a house and you are not selling, the rental story is strong. Estimated rent comes in at $1,976 per month with a rental yield of 5.87%. That is a genuinely solid return. Airbnb potential adds roughly $98 per month, and Mount Carson Avenue holds the 10th Airbnb rank in Mount Pearl for houses.

• Average HonestDoor Price (Houses): $386,887
• Recent price change: -4.26%
• Predicted market value: $376,329
• 3-month moving average: $384,798
• Estimated monthly rent: $1,976
• Rental yield: 5.87%
• Airbnb estimate: $98 per month
• Growth rank: 22 out of 28 in Mount Pearl

Condos - A Bigger Story to Watch

Condo owners on Mount Carson Avenue need to pay close attention. The average HonestDoor Price is $312,420, but it has dropped 20.36% from the previous period. That is a significant move and worth understanding before you make any decisions about selling or refinancing.

Here is the interesting twist though. The predicted market value for condos is actually $392,300 - well above that HonestDoor average - with a 3-month moving average of $393,179. Recent change is down 4.56%, so there is some near-term softness, but the condo segment ranks 13 out of 26 in Mount Pearl for growth. That puts condos here in the above-average tier on the neighbourhood leaderboard. A much better position than houses right now.

Rental income for condos is estimated at $2,058 per month with a yield of 4.04% - moderate but respectable. Airbnb potential sits at roughly $102 per month, with an Airbnb rank of 6 in Mount Pearl.

• Average HonestDoor Price (Condos): $312,420
• Recent price change: -20.36%
• Predicted market value: $392,300
• 3-month moving average: $393,179
• Estimated monthly rent: $2,058
• Rental yield: 4.04%
• Airbnb estimate: $102 per month
• Growth rank: 13 out of 26 in Mount Pearl

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. It gets updated on a fixed schedule, which means it can be months or even years behind what is actually happening on the street. When prices are moving - up or down - that lag costs you real money.

The HonestDoor Price is a real-world check updated in real time. For condo owners on Mount Carson Avenue, the gap between the HonestDoor average of $312,420 and the predicted value of $392,300 is enormous. If you are relying on an old assessment to make a decision about selling, listing price, or even a refinance conversation with your bank, you could be working with the wrong number entirely. Pull your HonestDoor Price now - not when the city gets around to updating its records.

The So What - Thinking About Selling This Summer?

For house owners, the honest advice is this: the market is not running away from you, but it is not charging ahead either. With a growth rank of 22 out of 28 and recent values dipping below the 3-month average, waiting for a big spike this summer may not pay off. If you have been sitting on the fence, pricing sharply and moving now is likely smarter than holding out for a number that may not come.

For condo owners, the picture is more nuanced. The 20% drop in the HonestDoor average looks alarming, but the predicted value and the above-average growth rank tell a more competitive story. Before you list, get a clear read on where your specific unit sits - because the range here is wide and the difference matters.

Either way, the neighbours who win this summer are the ones who go in with current data - not last year's assessment and a gut feeling. Check your HonestDoor Price, know your number, and make the call from a position of actual information.

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.