If you've been watching the "For Sale" signs on Ricketts Road lately, here's the honest read: the market is taking a breather. Houses are softening, condos are a mixed bag, and your city tax assessment is almost certainly not telling you the full story. Let's break it down.
For houses on Ricketts Road, the average HonestDoor Price sits at $251,214 - down 1.79% from the previous period. The 3-month predicted value is $255,796, but that number is sliding - it's already down from a 3-month moving average of $257,231. So the trend line is pointing downward, not up.
On the neighbourhood leaderboard, our houses rank 69 out of 91 comparable neighbourhoods in St. John's for growth. That puts us in below-average territory. It's not a freefall, but it's not a bragging point either.
The silver lining? If you're a landlord or thinking about becoming one, the rental yield on houses here is 6.04%. That's a strong return. Estimated rent runs about $1,376 per month, which is real, usable income.
For context, nearby streets are outpricing us. Brazil Street averages $262,292, Beaumont Street East hits $258,107, and Lemarchant Road East leads the pack at $270,416. We're the entry point in this cluster - which cuts both ways depending on whether you're buying or selling.
Condos on Ricketts Road are more interesting right now. The average HonestDoor Price is $345,321 - down 5.73% from the previous period, which is a notable dip. But here's the twist: the predicted value has climbed to $366,300, which is actually up from the 3-month moving average of $342,135. That recent 6.49% uptick suggests condos may have found a floor and are starting to recover.
On the leaderboard, condos rank 53 out of 92 - still below average, but closer to the middle of the pack than houses are. There's more momentum here.
The rental story for condos is decent too. Estimated rent comes in at $1,931 per month with a 4.08% yield - moderate, but not bad for a condo in this part of St. John's.
Nearby condos are pricier - Brazil Street at $352,327, Lemarchant Road East at $493,724, and Beaumont Street East at $579,109. If you own a condo here, you're still the most affordable option in the area, which matters to buyers watching their budget.
Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know what happened to condo prices last quarter. It doesn't know that house values on Ricketts Road have shifted by nearly 3% recently. It's basically a photo of a moving car.
The HonestDoor Price is updated in real time using actual market signals. For us on Ricketts Road, that means the gap between what the city thinks your home is worth and what a buyer would actually pay today could be significant - in either direction. If you're making any financial decision tied to your home's value - refinancing, selling, even just knowing your net worth - the HonestDoor Price is the number to check first.
For house sellers, timing matters right now. Values are drifting down - not crashing, but softening. If you were planning to list this summer, sooner is better than later. Waiting for the market to turn around while the trend line is heading the wrong direction is a gamble. Price it sharp, lean into that 6% rental yield story for investor buyers, and move with purpose.
For condo sellers, the picture is actually more encouraging. That recent 6.49% uptick and a predicted value above the moving average suggests momentum is building. You have a bit more room to be patient - but don't sleep on it. Nearby streets like Beaumont Street East and Lemarchant Road East are priced significantly higher, which means buyers priced out of those streets will be looking at Ricketts Road. That's your audience. Make sure your listing price reflects the real-time HonestDoor Price, not a stale assessment.
Bottom line: Ricketts Road is not the hottest block in St. John's right now, but it's not broken either. Know your actual number, price accordingly, and you'll be in a much stronger position than sellers who are guessing.
ricketts road | 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.