Purcell Street, St. John's - October 2026 Real Estate Report
Purcell Street, St. John's: Your House Is Worth More Than the City Thinks
The Vibe Right Now
If you live on Purcell Street and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. The market here is doing two very different things depending on what you own - and the gap matters.
Houses vs. Condos - What We're Actually Seeing
For houses on Purcell Street, the numbers are looking solid. The average HonestDoor Price sits at $310,409, and the predicted market value is climbing to $314,006 - already above the 3-month moving average of $306,715. That upward trend is real. Property values have moved 3.32% recently, and that puts us at rank 3 out of 91 comparable neighbourhoods in St. John's. That's top-tier. If you own a house here, you're sitting in one of the stronger-performing pockets in the city right now.
- Average HonestDoor Price (Houses): $310,409
- Predicted Market Value: $314,006
- 3-Month Moving Average: $306,715
- Recent Value Change: 3.32%
- Growth Rank: 3 out of 91 neighbourhoods in St. John's
- Estimated Monthly Rent: $1,677
- Rental Yield: 5.97%
Condos are a different story. The average HonestDoor Price is $204,896, with a predicted value of $205,761 - up from a 3-month moving average of $197,678, so values are moving in the right direction. But the growth rank here is 59 out of 92. That puts condos in below-average territory compared to the rest of St. John's. Not a crisis, but not a bragging point either. The rental yield of 4.33% is moderate - decent, but not the slam-dunk that houses are delivering.
- Average HonestDoor Price (Condos): $204,896
- Predicted Market Value: $205,761
- 3-Month Moving Average: $197,678
- Recent Value Change: 6.09%
- Growth Rank: 59 out of 92 neighbourhoods in St. John's
- Estimated Monthly Rent: $1,129
- Rental Yield: 4.33%
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from the past. By the time it lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling in actual sales data and current market signals. For house owners on Purcell Street, that difference right now is meaningful. Your predicted value of $314,006 is already running ahead of the 3-month average. A static government assessment won't show you that momentum.
Think of the HonestDoor Price as the real-world check. It's what a buyer would actually pay today - not what the city calculated based on data from a year ago. If you're making any financial decision tied to your home's value, that distinction matters a lot.
The "So What?" - Thinking About Selling This Summer?
If you own a house on Purcell Street and you've been on the fence about selling, the leaderboard stat alone is worth paying attention to. Ranking 3rd out of 91 neighbourhoods for growth is not a small thing. Buyers looking in this price range - around $310,000 to $314,000 - have options across St. John's, but Purcell Street is outperforming most of them.
For context, nearby Waterford Heights has an average house price of $400,080. Old Petty Harbour Road East sits at $335,649. Purcell Street is still priced below those neighbours, which means buyers get a relative deal - and that drives demand. That's a good position to be selling from.
For condo owners, the summer picture is more cautious. Values are rising, but the growth rank of 59 out of 92 means you're not in a rush-to-market situation. Price it right, lean on that rental yield story for investor buyers, and you can still find a good outcome - just don't expect a bidding war.
Bottom line - check your HonestDoor Price before you call an agent, before you refinance, and definitely before you assume your tax assessment tells the whole story. On Purcell Street right now, the real number is almost certainly higher than what the city has on file.
purcell street | 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.