Purcell Street, St. John's - July 2026 Real Estate Report

Purcell Street, St. John's: Here's What Your Home Is Actually Worth Right Now

The Vibe on the Street

If you live on Purcell Street and you haven't checked your HonestDoor Price lately, now is the time to do it. The story is different depending on whether you own a house or a condo - and the gap between those two stories is bigger than you might expect.

Houses: Steady, With a Bit of a Breather

Our houses are holding their ground. The average HonestDoor Price for a house on Purcell Street sits at $302,233, down about 2.77% from the previous period. That's the market taking a breather, not falling off a cliff. The predicted value is actually nudging up to $310,856, which is above the 3-month moving average of $298,815. That upward trend is a good sign for anyone watching closely.

On the neighbourhood leaderboard, Purcell Street houses rank 33 out of 90 for growth in St. John's. That puts us in the above-average tier. We're not leading the pack, but we're well ahead of the middle of the field.

• Average HonestDoor Price (House): $302,233
• Predicted Market Value: $310,856
• 3-Month Moving Average: $298,815
• Average Rental Estimate: $1,620 per month
• Rental Yield: 5.98% - that's a strong return
• Airbnb Estimate: $80 per night
• Growth Rank: 33 out of 90 in St. John's

For context, our nearest neighbours tell us where we stand. Kilbride Avenue houses come in at $300,552 - basically neck and neck with us. Old Petty Harbour Road East is a step up at $341,006. Waterford Heights is in a different league at $394,104. We're priced accessibly compared to the area, which matters when buyers are shopping around.

Condos: A Wild Swing Worth Watching

The condo picture is more complicated, and we're going to be straight with you about it. The average HonestDoor Price for a Purcell Street condo jumped 40.64% to $193,330. That sounds great. But the predicted market value is currently sitting at $137,465, which is actually down from the 3-month moving average of $187,945. That's a -27.76% recent change. Those two numbers pulling in opposite directions tell us the condo segment here is in a period of real volatility.

On the leaderboard, condo growth ranks 55 out of 94 in St. John's - below average right now. That's not a reason to panic, but it is a reason to pay attention.

• Average HonestDoor Price (Condo): $193,330
• Predicted Market Value: $137,465
• 3-Month Moving Average: $187,945
• Average Rental Estimate: $1,061 per month
• Rental Yield: 4.36% - moderate returns
• Airbnb Estimate: $53 per night
• Growth Rank: 55 out of 94 in St. John's

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment

Here's the thing about your city tax assessment - it's a snapshot from the past. It gets updated on a schedule, not in real time. The market doesn't care about that schedule. Prices move month to month, and your assessment can be sitting months or even years behind what your home is actually worth today.

The HonestDoor Price is a live, real-world check. It pulls in current sales data and market signals to give you a number that reflects what a buyer would actually pay right now - not what a government formula calculated last year. For a house on Purcell Street, that difference between the assessment and the HonestDoor Price could be thousands of dollars in either direction. You deserve to know which direction before you make any decisions.

The So What - Thinking About Selling This Summer?

If you own a house on Purcell Street and you're thinking about listing this summer, the data is working in your favour. The predicted value is trending above the recent moving average, the rental yield is strong at nearly 6%, and we're sitting in the above-average tier for growth in the city. Buyers looking at this part of St. John's will see Purcell Street as a solid, accessible option compared to pricier spots like Waterford Heights.

The play right now is to get your HonestDoor Price before you talk to an agent. Walk into that conversation knowing your number, not guessing at it. A 5.98% rental yield also means investors are going to look at your house seriously - that expands your buyer pool.

If you own a condo, hold tight and watch the next 60 to 90 days. The volatility between the HonestDoor Price and the predicted value tells us the market is still finding its footing in this segment. That doesn't mean don't sell - it means go in with eyes open and a current, accurate number in hand. Your HonestDoor Price is the best tool you have for that right now.

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.