O'Leary Avenue, St. John's - July 2026 Real Estate Report

O'Leary Avenue, St. John's: What Your Home Is Actually Worth Right Now

The Vibe on the Street

If you own on O'Leary Avenue, you are sitting on one of the higher-priced addresses in this part of St. John's. But the story is different depending on what type of property you have - and that gap matters a lot if you are thinking about your next move.

Houses vs. Condos - Two Very Different Stories

For house owners, things are looking steady. The average HonestDoor Price for a house on O'Leary Avenue is $483,391, up 1.75% from the previous period. The predicted market value sits at $474,104, which is climbing above the 3-month moving average of $464,089. That upward trend is a good sign. Values are moving in the right direction, even if the pace is measured.

• Average HonestDoor Price (Houses): $483,391
• Recent price change: +1.75%
• Predicted market value: $474,104
• 3-month moving average: $464,089
• Estimated monthly rent: $2,444
• Rental yield: 5.68% - strong returns
• Airbnb estimate: $121 per night
• Airbnb rank in St. John's: 12 out of top neighbourhoods
• Neighbourhood growth rank: 56 out of 90 in St. John's

That Airbnb rank of 12 in St. John's is worth paying attention to. If you have a house here and have ever thought about short-term rental income, O'Leary Avenue is genuinely competitive on that front.

Condo owners, we need to have a straight conversation. The average HonestDoor Price for condos is $369,095, and yes, that 40.76% increase from the previous period looks exciting on paper. But the predicted market value right now is $262,211 - well below the 3-month moving average of $363,432. Values have shifted by -29.15% recently. The condo market here is taking a real breather, and that swing between the HonestDoor Price and the predicted value tells us there is some volatility to watch.

• Average HonestDoor Price (Condos): $369,095
• Predicted market value: $262,211
• 3-month moving average: $363,432
• Recent price change: -29.15%
• Estimated monthly rent: $1,904
• Rental yield: 4.21% - moderate returns
• Airbnb estimate: $94 per night
• Airbnb rank in St. John's: 41
• Neighbourhood growth rank: 62 out of 94 in St. John's

The Neighbourhood Leaderboard

On the growth leaderboard for St. John's, O'Leary Avenue houses rank 56 out of 90 neighbourhoods, and condos rank 62 out of 94. That puts us in the below-average tier for growth right now. We are not at the bottom, but we are not leading the pack either. The good news for house owners is that your prices are still well above nearby options.

Compare us to the neighbours - O'Brien's Hill houses average $289,527, Empire Avenue West sits at $364,672, and Mount Scio comes in at $381,360. O'Leary Avenue houses are priced above all three. That premium is real, and buyers know it.

The Secret Sauce - Why Your HonestDoor Price Beats Waiting for a Tax Assessment

Here is the thing about city assessments - they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. For house owners on O'Leary Avenue, that means knowing your home is tracking at $483,391 today - not what the city decided it was worth 12 to 18 months ago. For condo owners, it means seeing the volatility clearly instead of being caught off guard at the negotiating table. Either way, you are making decisions with current information, not stale data.

The So What - Thinking About Selling This Summer?

If you own a house on O'Leary Avenue and are considering listing this summer, the fundamentals are working in your favour. Prices are up, the predicted value is rising above the moving average, and you are priced well above every comparable neighbourhood nearby. A rental yield of 5.68% also means buyers who are thinking about income potential will take notice. This is a reasonable window to have that conversation with your agent.

If you own a condo, the honest advice is to watch the next 60 to 90 days closely. The gap between the HonestDoor Price and the predicted market value is wide right now. That does not mean panic - it means price carefully and go in with eyes open. A moderate rental yield of 4.21% still gives you something to work with if you are pitching to investor buyers.

Bottom line - check your HonestDoor Price before you do anything else. It is the fastest way to know where you actually stand in this market, right now, on O'Leary Avenue.

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.