If you live on O'Leary Avenue, you already know this is one of the pricier addresses in St. John's. But the market is sending some mixed signals right now, and it depends a lot on what type of property you own. Let's break it down for us locals.
For houses, the average HonestDoor Price sits at $474,141. That number has dipped 0.59% from the previous period, and the 3-month moving average of $480,280 confirms we are in a slight cooling stretch. Values are down about 1.74% recently, and on the neighbourhood leaderboard, O'Leary Avenue houses rank 51 out of 91 comparable neighbourhoods in St. John's. That puts us in below-average growth territory right now - not a freefall, just taking a breather.
Condos are a different conversation. The average HonestDoor Price is $391,816, which is down 3.82% from the previous period. But here is the interesting part - the predicted market value of $407,363 is actually climbing above the 3-month moving average of $385,426. Recent value change is up 7.25%, and condos rank 40 out of 92 neighbourhoods - placing us in above-average growth territory. The condo market here has some real momentum building underneath the surface.
Either way, O'Leary Avenue commands a serious premium over nearby neighbourhoods. O'Brien's Hill houses average $304,637, Empire Avenue West sits at $352,575, and Mount Scio comes in at $390,229. We are the most expensive address in this comparison - by a meaningful margin.
Here is the thing most homeowners on O'Leary Avenue do not realize. The city's property assessment is a snapshot from the past. It gets updated on a schedule, not in real time. The HonestDoor Price pulls in current market signals and updates continuously - so it reflects what a buyer would actually pay today, not what someone estimated your home was worth 12 to 18 months ago.
Right now, with house values shifting by -1.74% and condo values jumping +7.25%, the gap between your tax assessment and your real-world value could be significant in either direction. If you are a condo owner, your assessment might be underselling you. If you own a house, you want to know exactly where you stand before you make any moves. Checking your HonestDoor Price takes two minutes and gives you the real-world number - not the government's best guess from last year.
If you own a house on O'Leary Avenue and are thinking about listing this summer, the honest answer is: timing matters. Values are softening slightly, and sitting at rank 51 out of 91 means the growth momentum is not strongly in your favour right now. That does not mean you should panic - a $474,000-plus average price is still well above most of your neighbours. But waiting for a bounce-back without watching the numbers closely could cost you.
If you own a condo, the picture looks more encouraging. A +7.25% recent value change and an above-average growth rank of 40 out of 92 suggests buyer interest is picking up. A rental yield of 3.98% also means investors are paying attention to this segment. Summer could be a solid window to move.
Bottom line - O'Leary Avenue is still one of St. John's premium addresses. But right now, the market is rewarding condos more than houses. Know your number before you decide anything. That is what the HonestDoor Price is for.
oleary avenue | st. johns | october 2026This 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.