Stavanger Drive, St. John's - October 2026 Real Estate Report
Stavanger Drive, St. John's: Two Very Different Stories Happening on the Same Street
The Vibe Right Now
If you own on Stavanger Drive, the market is not giving you one clean answer - it's giving you two. And which story is yours depends entirely on what type of property you own. Houses and condos are moving in opposite directions, and knowing which side you're on could be worth tens of thousands of dollars this summer.
Houses: Taking a Breather
Let's be straight with each other. If we own a house on Stavanger Drive, the short-term numbers are a bit humbling. The predicted market value for houses sits at $563,763, and that's actually down from the 3-month moving average of $577,890. Recent price movement is sitting at -4.19%, which puts our neighbourhood at rank 85 out of 91 comparable areas in St. John's. That's near the bottom of the leaderboard, and there's no point pretending otherwise.
That said, the average HonestDoor Price for houses is $580,422 - up 2.96% from the previous period. So the longer view is still pointing upward. This is a market taking a breather, not falling off a cliff.
- Average HonestDoor Price (Houses): $580,422
- Recent price change: -4.19%
- Predicted market value: $563,763
- 3-month moving average: $577,890
- Average rental estimate: $2,825 per month
- Rental yield: 5.51% - that is a strong return
- Airbnb estimate: $140 per night (ranked #2 in all of St. John's)
- Growth rank: 85 out of 91 neighbourhoods
That Airbnb rank is worth pausing on. Number 2 in the entire city for short-term rental potential. If you own a house here and you're not thinking about that income stream, you're leaving money on the table.
Condos: The Quiet Outperformer
Here's where it gets interesting for us condo owners. While houses are cooling off, condos on Stavanger Drive are doing the opposite. The predicted market value is $349,900, and that's climbing above the 3-month moving average of $315,200. Recent price movement is up 12.18%, which puts condos here at rank 2 out of 92 comparable neighbourhoods in St. John's. That is near the very top of the leaderboard.
The average HonestDoor Price for condos is $304,100, though it has dipped 13.09% from the previous period - so there's some short-term noise in the data. The trajectory right now is pointing up, and the growth rank backs that up.
- Average HonestDoor Price (Condos): $304,100
- Predicted market value: $349,900
- 3-month moving average: $315,200 - and rising
- Recent price change: +12.18%
- Average rental estimate: $1,630 per month
- Rental yield: 4.09% - moderate but solid
- Airbnb estimate: $80 per night
- Growth rank: 2 out of 92 neighbourhoods
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. It gets updated on a schedule that has nothing to do with what buyers are actually offering on your street right now. The HonestDoor Price is a real-time estimate that moves with the market - not with a government calendar.
For house owners on Stavanger Drive, that gap matters. Your assessment might be anchored to a number that doesn't reflect the current softening. For condo owners, the opposite could be true - your assessment might be underselling what the market is actually willing to pay right now, especially with that rank-2 growth position.
Either way, walking into a listing conversation with an outdated assessment number is like showing up to a negotiation with last year's playbook. Check your HonestDoor Price first.
The 'So What?' - Thinking About Selling This Summer?
If you own a house and you're thinking about listing this summer, the timing conversation is real. The market is softer right now than it was a few months ago. That doesn't mean don't sell - it means price it sharp and lean into that exceptional Airbnb ranking as a selling feature for buyers who want income potential. A #2 Airbnb rank in St. John's is a genuine hook.
If you own a condo, this summer looks more interesting. You're sitting in a top-2 growth neighbourhood, your predicted value is climbing above the recent average, and buyers looking at nearby spots like Eastbourne Crescent ($387,925 predicted) may find Stavanger Drive condos look like a relative deal. That's a story worth telling to the right buyer.
For both property types, the move right now is simple - get your HonestDoor Price, compare it to your assessment, and have an honest conversation about what the numbers actually say. No fluff, just the real picture.
stavanger drive | 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.