If you've been watching the "For Sale" signs in Tbd1, here's what's actually happening. The market is telling two very different stories depending on what you own - and both are worth paying attention to.
Houses: We're seeing a slight cool-off. The average HonestDoor Price for a house sits at $458,751, which is down 2.01% from the previous period. That's the market taking a breather - not crashing, just pausing. The good news? The predicted market value is already climbing back to $468,176, which is above the 3-month moving average of $460,317. That upward momentum matters. It tells us the dip is likely short-lived. On the leaderboard, our houses rank 2nd out of 11 neighbourhoods in Charlottetown for growth. That's a strong position to be in.
Condos: A completely different story. Condo values here are genuinely impressive. The average HonestDoor Price is $1,109,305, up 0.97%, with a predicted value of $1,098,636 - trending higher than the 3-month moving average of $1,091,397. Tbd1 condos also rank 2nd out of 11 neighbourhoods in Charlottetown for growth. For context, nearby Sherwood condos are predicted at $1,088,559. We're ahead of them.
Here's the thing about your city assessment - it's a snapshot from the past. By the time it lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual market signals happening right now. That's not a small difference. For a condo owner in Tbd1, the gap between a stale government number and your real-world value could be significant - we're talking about a property type that has climbed to over $1.1 million on average.
If you're a house owner, the HonestDoor Price is showing you the dip AND the recovery at the same time. Your assessment won't capture either of those moves until it's too late to act on them. Checking your HonestDoor Price today gives you the real-world number - the one a buyer would actually put on paper.
For house sellers, the timing question is real. Values dipped 2.01% recently, but the predicted value of $468,176 is already pushing back above the moving average. If you're thinking about listing this summer, you're not in a bad spot - you're in a market that's finding its footing. Compared to nearby East Royalty at $397,928, Tbd1 houses command a meaningful premium. That gap is your leverage.
For condo sellers, the picture is even cleaner. Tbd1 condos hold the number one Airbnb rank in all of Charlottetown at $222 per night. That's a selling point you put in the listing description. Buyers who want income potential will pay attention to that. East Royalty condos average $682,498 and Highfield sits at $215,600 - Tbd1 is in a different league entirely.
The bottom line: if you own in Tbd1, pull your HonestDoor Price before you call an agent. Know your number first. Then negotiate from there.
tbd1 | charlottetown | august 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.