Upper Gullies, Conception Bay South - August 2026 Real Estate Report

Upper Gullies Real Talk: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a house in Upper Gullies, the numbers are moving in your favour. The average HonestDoor Price sits at $393,546 - up 4.16% from the previous period. That is not a blip. That is real, measurable momentum. The predicted market value for houses is $377,843, and it is trending upward from the 3-month moving average of $373,807. The direction is clear: prices are climbing.

On the condo side, the story is more complicated. The average HonestDoor Price for condos is $545,295 - a big 20.28% jump in the headline number. But the predicted market value tells a more cautious story at $453,365, which is actually down from the 3-month moving average of $499,632. Condo values have shifted by -19.91% recently. That kind of swing means the condo market here is finding its footing. Not a disaster, but worth watching closely before making a move.

Houses vs. Condos - What We Are Actually Seeing

• House HonestDoor Price: $393,546 (up 4.16%)
• House predicted market value: $377,843 - trending upward
• House rental estimate: $2,033 per month
• House rental yield: 5.85% - that is a strong return by any measure
• House Airbnb estimate: $101 per night
• Condo HonestDoor Price: $545,295 (up 20.28% in average, but predicted value is pulling back)
• Condo predicted market value: $453,365 - trending downward from recent highs
• Condo rental estimate: $2,726 per month
• Condo rental yield: 3.92% - moderate, not spectacular
• Condo Airbnb estimate: $135 per night

For houses, we are sitting in a genuinely solid spot. A 5.85% rental yield is the kind of number that gets investors paying attention. For condos, we would say the market is taking a breather and sorting itself out after some volatility.

The Neighbourhood Leaderboard

Here is where Upper Gullies stacks up against the neighbours. For houses, we rank 4 out of 8 neighbourhoods in Conception Bay South - that puts us in above average territory. Not leading the pack, but firmly in the better half. For condos, the growth rank is 6 out of 8, which lands us in below average for now.

How do we compare on price? For houses, Kelligrews comes in cheaper at $364,765 and Foxtrap is cheaper still at $335,614. Seal Cove edges above us at $409,783. Upper Gullies sits right in the middle of the pack - not the cheapest, not the priciest. For condos, the neighbours are all clustered close together: Kelligrews at $549,168, Seal Cove at $552,976, and Foxtrap at $544,541. We are all running in the same lane there.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment: it is a snapshot from the past. It does not know that house prices in Upper Gullies just moved up 4.16%. It does not update in real time. It is basically a photo from last year telling you what your house looks like today.

The HonestDoor Price is a live number. It pulls from actual market activity and recalculates constantly. For a house owner in Upper Gullies, that means the difference between your assessment and your HonestDoor Price could be thousands of dollars - and that gap matters whether you are selling, refinancing, or just trying to understand what you actually own. Do not wait for the city to catch up. Check your HonestDoor Price now and get the real-world number.

The So What - Thinking About Selling This Summer?

If you own a house in Upper Gullies and you have been sitting on the fence, this summer is worth a serious look. Prices are up, the predicted value is trending in the right direction, and you are sitting above average in the local growth rankings. Buyers looking in Conception Bay South will compare you to Foxtrap and Kelligrews - and at current prices, Upper Gullies makes a strong case for itself without being the most expensive option on the list.

For condo owners, the honest advice is to watch the next 60 to 90 days carefully. The predicted value pulling back from the 3-month average is a signal to pay attention to. If you need to sell, price it sharp and lean on the rental yield story - $2,726 a month in estimated rent is a real number that investors will notice.

Either way, the first step is knowing your actual number. Pull your HonestDoor Price, compare it to what the city has on file, and you will know exactly where you stand before you make any decisions.

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.