Here is the honest answer. The market in Southlands is taking a breather right now, but the story is different depending on what you own. If you have a house, values are softening slightly. If you have a condo, things are quietly picking up. Let's break it down.
If you own a house in Southlands, the HonestDoor Price is sitting at an average of $495,525. That is down about 1.15% from the last period, and the predicted value of $501,305 is also dipping slightly below the 3-month moving average of $502,343. So yes, house prices here are easing off a bit. On the neighbourhood leaderboard, Southlands houses rank 41 out of 91 comparable St. John's neighbourhoods for growth - that puts us in the above-average tier, which is a solid place to be even when values wobble.
That rental yield of 5.64% is worth paying attention to. For anyone thinking about keeping a house as an income property, that is a strong return by St. John's standards.
Condo owners, we have better news. The HonestDoor Price for condos averages $352,388, down a modest 0.99%, but the predicted value of $355,923 is actually climbing above the 3-month moving average of $340,983. That is a 6.39% recent change moving in the right direction. The catch is that condo growth ranks 55 out of 92 comparable neighbourhoods, placing us in the below-average tier for now. The momentum is there, but we are not leading the pack yet.
Here is the thing about your city assessment - it is a snapshot from the past. It does not know that condo values in Southlands just moved 6.39% recently. It does not know that house prices are softening. It is basically a photo of a market that no longer exists.
The HonestDoor Price updates in real time. That means if you are a house owner, it is already reflecting the slight dip so you are not walking into a listing conversation with inflated expectations. If you own a condo, it is catching the upward momentum that your tax notice will not show for months - maybe longer. Checking your HonestDoor Price right now is the difference between pricing your home right on day one versus chasing the market down later.
Compare us to nearby neighbourhoods and the picture gets clearer. Houses in Southlands at $501,305 predicted value sit well above Doyle's Road at $421,154 and Heffernan's Line at $417,691. We are commanding a premium. Knowing that number - the real one, not the government's old one - is leverage.
If you own a house in Southlands and are thinking about listing this summer, do not wait for the market to recover to some imaginary peak. The predicted value is still above $500,000, you are beating nearby neighbourhoods by a wide margin, and a rental yield of 5.64% means buyers who are investors will look at your property seriously. Price it right and you have a real audience.
If you own a condo, the timing conversation is actually interesting. Values are trending up right now - that 6.39% recent change is not nothing. A summer listing could catch that wave before it flattens. The Airbnb rank of 48 in St. John's is middle of the road, but the long-term rental story at $1,876 per month is solid for a buyer who wants steady income.
Either way, the first move is the same - pull your HonestDoor Price today. It takes 30 seconds and it gives you the real number, not the number the city printed on a form six months ago. That is the number that actually matters when you are deciding whether this summer is your summer to sell.
southlands | 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.