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    Stavanger Drive, St. John's - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    St. John's, Stavanger Drive

    Stavanger Drive Is Quietly Holding Its Own - Here Is What Your Home Is Actually Worth Right Now

    If you live on Stavanger Drive and you have not checked your HonestDoor Price lately, you are probably underestimating what your place is worth. The city's tax assessment is a snapshot from the past. The market has moved. Here is the real picture.

    The Vibe: Houses vs. Condos - Two Very Different Stories

    We are seeing two separate markets playing out on the same street, and knowing which one you are in changes everything.

    Houses: Steady and Ranked Near the Top

    Our houses are holding serious value. The average HonestDoor Price sits at $588,424 - up 1.19% from the previous period. The predicted market value is $581,483, which is sitting just below the 3-month moving average of $584,533. That slight dip is not a red flag. It is the market catching its breath after a solid run.

    The bigger story? On the neighbourhood growth leaderboard for St. John's, our houses rank 14 out of 92 comparable neighbourhoods. That puts us in the top tier of the city. That is not luck - that is location doing its job.

    • Average HonestDoor Price: $588,424
    • Recent price change: up 1.19%
    • Predicted market value: $581,483
    • 3-month moving average: $584,533
    • Average rental estimate: $2,858 per month
    • Rental yield: 5.48% - that is strong by any measure
    • Airbnb estimate: $142 per night - ranked 2nd in all of St. John's
    • Growth rank: 14 out of 92 neighbourhoods

    That Airbnb rank of 2 in St. John's is worth pausing on. If you own a house here and you are not at least thinking about short-term rental income, you are leaving money on the table.

    Condos: The Comeback Kid

    Condos on Stavanger Drive are a different conversation - and honestly, a pretty interesting one. The average HonestDoor Price is $311,900, up a significant 9.90% from the previous period. The predicted market value is $283,800, but here is the thing - that number is increasing and is already above the 3-month moving average of $269,900. Momentum is building.

    On the condo growth leaderboard, we rank 34 out of 94 neighbourhoods. That puts us in the above-average tier for St. John's - not the flashiest number, but solid ground to stand on.

    • Average HonestDoor Price: $311,900
    • Recent price change: up 9.90%
    • Predicted market value: $283,800
    • 3-month moving average: $269,900 - and we are trending above it
    • Average rental estimate: $1,670 per month
    • Rental yield: 4.22% - moderate but consistent
    • Airbnb estimate: $85 per night
    • Growth rank: 34 out of 94 neighbourhoods

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

    Here is the honest truth about government assessments - they are built on old data. By the time the city sends you that piece of paper, the number is already months behind the actual market. It is like checking last winter's weather forecast to decide what to wear today.

    The HonestDoor Price is updated in real time. It pulls from actual market activity, not a bureaucratic snapshot. For house owners on Stavanger Drive, that means the difference between knowing your home is worth $588,424 right now versus whatever the city last decided to put on file. For condo owners who just saw a 9.90% jump, that gap between the HonestDoor Price and the assessment could be even wider.

    Check your HonestDoor Price today. Do not wait for the city to catch up to the market you are already living in.

    The So What - Should You Sell This Summer?

    If you own a house on Stavanger Drive and you are thinking about selling, the timing is worth a serious look. A top-15 growth ranking in the city, a rental yield above 5%, and the second-best Airbnb ranking in all of St. John's - those are the kinds of numbers that attract motivated buyers. You are not selling a house, you are selling an asset with real income potential. That is a different pitch, and it commands a different price.

    For condo owners, the story is about momentum. A 9.90% price increase and a predicted value that is climbing above its own moving average suggests the floor is rising. Selling now means catching that wave early. Waiting might mean more upside - but it also means more uncertainty.

    Either way, the move is the same - get your HonestDoor Price, compare it to what the city thinks your place is worth, and make a decision based on real numbers. That is what the savvy neighbours on this street are already doing.

    stavanger drive | st. johns | august 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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