Mount Pleasant, Regina - July 2026 Real Estate Report

Mount Pleasant, Regina: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in Mount Pleasant, here's what's actually happening. The story splits depending on what you own - and the two halves look very different.

Houses: A Dip in Price, But the Trajectory Is Strong

The average HonestDoor Price for a house in Mount Pleasant sits at $343,923 right now. Yes, that's down 4.08% from the previous period - the market is taking a breather. But here's the part worth paying attention to: the predicted market value for houses is $358,563, and that number is climbing above the 3-month moving average of $338,369. In plain terms, the short-term dip looks like a blip against a stronger upward trend.

On the neighbourhood leaderboard, Mount Pleasant houses rank 4th out of 111 neighbourhoods in Regina for growth. That is not a typo. Top 4 out of 111. That puts us in elite company across the entire city.

• Average HonestDoor Price (Houses): $343,923
• Predicted Market Value: $358,563
• 3-Month Moving Average: $338,369
• Recent Value Change: +11.48%
• Growth Rank: 4 out of 111 Regina neighbourhoods
• Average Rental Estimate: $1,818 per month
• Rental Yield: 5.89% - that is a strong return
• Airbnb Estimate: $90 per night

For landlords and investors, a 5.89% rental yield is the kind of number that gets attention. Nearby neighbourhoods like Parkview ($301,764), Uplands ($341,778), and Churchill Place ($295,319) all come in cheaper - which tells you Mount Pleasant is holding a premium position on the block.

Condos: The Comeback Story

Condo owners, your unit just had a solid run. The average HonestDoor Price for condos in Mount Pleasant is $163,912 - up 11.42% from the previous period. That is a meaningful jump. The predicted market value sits at $147,114, which is slightly below the HonestDoor Price, so we are watching that gap closely.

On the leaderboard, Mount Pleasant condos rank 38th out of 90 Regina neighbourhoods for growth - above average, not top-tier, but solidly in the upper half.

• Average HonestDoor Price (Condos): $163,912
• Predicted Market Value: $147,114
• 3-Month Moving Average: $146,334
• Recent Value Change: -8.50%
• Growth Rank: 38 out of 90 Regina neighbourhoods
• Average Rental Estimate: $901 per month
• Rental Yield: 4.35% - moderate but workable
• Airbnb Estimate: $45 per night

Compared to nearby condos, Parkview ($104,500) and Uplands ($95,843) are significantly cheaper. Churchill Place ($288,827) comes in much higher. Mount Pleasant condos sit in a comfortable middle ground - more accessible than Churchill Place, more valuable than most of the competition.

The Secret Sauce: Stop Trusting Your Tax Assessment

Here is the honest truth about government assessments - they are snapshots from the past. The city reassesses on a fixed schedule, which means your official assessment could be based on market conditions from a year or two ago. A lot changes in that time.

The HonestDoor Price is updated in real time using actual sales data and current market signals. For a Mount Pleasant house owner, the difference between a stale assessment and the HonestDoor Price of $343,923 could be tens of thousands of dollars. That gap matters when you are making decisions about selling, refinancing, or even just understanding what you actually own.

Think of the HonestDoor Price as the real-world check your tax notice never gives you. It is what the market is saying today - not what a government formula said last year.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Mount Pleasant and you are thinking about listing this summer, the timing conversation is worth having now. Here is why.

The predicted market value of $358,563 is running ahead of the current HonestDoor Price of $343,923. That gap suggests upward pressure is building. A 4th-place growth ranking out of 111 neighbourhoods is the kind of stat that attracts buyers who are doing their homework. Buyers are looking at Mount Pleasant because the numbers back it up.

The short-term dip of 4.08% is not a red flag - it is a normal exhale after the 11.48% recent value change. Markets do not go straight up. But the fundamentals here - strong rental yield, top-tier growth rank, rising predicted value - point to a neighbourhood that has real momentum behind it.

For condo owners, the picture is a bit more nuanced. The 11.42% price increase is great news, but the predicted value sitting below the current HonestDoor Price means you want to watch the next few months carefully before deciding. If you are thinking about selling, getting a current HonestDoor Price check costs you nothing and tells you exactly where you stand today - not where the city guessed you stood last year.

Bottom line: Mount Pleasant is not a neighbourhood you sell out of in a panic. It is one you sell strategically - with current data 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.