Sullivan Ave Area, Gander - October 2026 Real Estate Report
Sullivan Ave Area, Gander: Your Neighbour Just Asked If Now Is a Good Time to Sell
The Vibe Right Now
If you've been watching the "For Sale" signs on Sullivan Ave, here's the honest picture. The market is taking a breather. Prices are softer than they were a few months ago, but the story is different depending on what you own. Houses and condos are moving in two very different directions, and knowing which camp you're in matters a lot right now.
Houses: Steady, But Sliding a Bit
The average HonestDoor Price for a house in Sullivan Ave Area sits at $285,952. That's down 5.90% from the previous period, and the predicted value of $303,872 is also slipping below the 3-month moving average of $309,054. So yes, the trend is pointing downward for now.
On the neighbourhood leaderboard, houses here rank 9 out of 12 for growth in Gander. That puts us in the below-average tier. It's not a crisis, but it's a signal worth paying attention to if you're thinking about timing a sale.
The silver lining? If you're a landlord or thinking about becoming one, the rental numbers are genuinely solid. Estimated rent comes in at $1,605 per month with a rental yield of 5.97%. That's a strong return. For context, here's how we stack up against the neighbours:
- Sullivan Ave Area - HonestDoor Price $285,952 - Rental $1,520/month
- Fraser Road Area - HonestDoor Price $292,648 - Rental $1,569/month
- Brown Crescent Area - HonestDoor Price $318,516 - Rental $1,690/month
- Gander Gardens Area - HonestDoor Price $252,691 - Rental $1,365/month
We're sitting in the middle of the pack on price, and Gander Gardens is noticeably cheaper if buyers are hunting for a deal nearby. Brown Crescent is the pricier option. Sullivan Ave holds its own.
Condos: A Different Story Entirely
Here's where it gets interesting. Condos in Sullivan Ave Area rank 2 out of 11 in Gander for growth. That puts us near the top of the leaderboard. The average HonestDoor Price is $314,900, and the predicted value is $328,700 - which is actually higher than nearby Brown Crescent Area and Fraser Road Area.
There is one number to watch closely though. The predicted value of $328,700 is down significantly from the 3-month moving average of $382,000, a shift of -18.82%. That's a big move in a short window. It could mean the condo market here had a hot streak that's now correcting, or it could reflect a small number of sales skewing the average. Either way, it's worth knowing before you price anything.
On the short-term rental side, Sullivan Ave condos hold the top Airbnb rank in all of Gander - number 1. Estimated Airbnb income is around $85 per month, with a nightly rate of $85. If you're running or considering a short-term rental, this neighbourhood is the best-positioned in the city.
- Condo HonestDoor Price - $314,900
- Predicted Market Value - $328,700
- Estimated Rent - $1,690/month
- Rental Yield - 4.14%
- Airbnb Rank in Gander - 1st
- Growth Rank - 2 out of 11
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, not in real time. The market doesn't wait for that schedule. Prices in Sullivan Ave Area have already moved, and your assessment hasn't caught up.
The HonestDoor Price is updated continuously using real sales data. It's the real-world check on what your property is actually worth today - not what it was worth when a government office last ran the numbers. If you're making any decision about your home right now, whether that's selling, refinancing, or just knowing where you stand, the HonestDoor Price is the number to start with.
With houses down 5.90% and condos showing a big swing from their recent peak, the gap between your assessment and your actual market value could be significant. That gap is money. Know your number.
The So What - What This Means If You're Thinking About Selling This Summer
For house owners, the honest advice is this: the window from earlier this year was better. Prices have softened and the growth rank of 9 out of 12 tells us momentum isn't on our side right now. That doesn't mean you can't sell - it means you need to price sharp and not chase a number from six months ago. A well-priced house with strong rental appeal at $1,605 per month will still attract buyers who are running the numbers on investment potential.
For condo owners, the picture is more nuanced. You're sitting in a top-2 growth neighbourhood in Gander, and your Airbnb position is the best in the city. That's a real selling point. But the recent drop from the 3-month average is a flag - price with current data, not peak data. The HonestDoor Price of $314,900 is your anchor. Use it.
Bottom line: Sullivan Ave Area is not a neighbourhood in trouble. It's a neighbourhood taking a breath. The rental yields are real, the condo ranking is strong, and the location holds its value relative to the competition. If you're selling this summer, go in with eyes open and current numbers in hand.
sullivan ave area | gander | 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.