Cedar Brae II, Stony Plain - August 2026 Real Estate Report

Cedar Brae II Condos: Holding Steady While the Rest of Stony Plain Watches

The Vibe Right Now

If you own a condo in Cedar Brae II, here is the honest picture. We are sitting in a stable buyers' market - not crashing, not exploding, just holding its ground. The average sale price is $241,000, listings are coming in around $247,400, and buyers are landing deals at about 97% of list price. That small gap tells us sellers are pricing close to reality, which is actually a good sign for the neighbourhood's credibility.

Properties are spending about 28 days on the market. That is a bit longer than nearby Cove Properties at 17 days, so we are not the fastest-moving block in Stony Plain right now. But with only 2 sales recorded and 5 total transactions in 2026 so far, this is a low-volume market. A couple of quick sales in Cove Properties can skew those numbers fast. Do not read too much into it.

• Average sale price: $241,000
• Average list price this month: $247,400
• Price per square foot: $285
• Sale-to-list ratio: 97.16% - buyers are paying slightly below ask
• Average days on market: 28
• Total 2026 transactions: 5

The Secret Sauce - Your HonestDoor Price vs. That Old Assessment

Here is why Cedar Brae II owners should pull up their HonestDoor Price today instead of waiting for the city to mail out the next assessment. The average HonestDoor Price right now is $258,958 - and the predicted market value is sitting at $257,082, up from a 3-month moving average of $251,563. That upward trend is real and it is happening now, not 12 months ago when the city last took a snapshot.

Government assessments are like a photo taken last year. The HonestDoor Price is the live feed. If your assessment is lagging behind that $257,000 range, you could be making decisions - whether to sell, refinance, or just understand your net worth - based on stale numbers. That is money left on the table.

• HonestDoor Price: $258,958 (up 0.73% from last period)
• Predicted market value: $257,082
• 3-month moving average: $251,563 - values are climbing
• Recent value change: 0.50%

The Neighbourhood Leaderboard

Cedar Brae II is not the cheapest option around here, and that is actually a compliment. Cove Properties averages $199,710 and Westerra Manor sits at $181,905. We are priced above both. Cedar Brae next door comes in at $299,622, so we are the middle ground - more established than the budget options, more accessible than the top of the street.

On the growth leaderboard, Cedar Brae II ranks 10 out of 33 comparable neighbourhoods in Stony Plain. That puts us in the above-average tier - not leading the pack, but comfortably ahead of the majority. For price rank, we sit at 7 out of 18, which confirms we are an above-average priced pocket of Stony Plain. And for total transactions, we rank 3rd in the city - meaning people are actually buying here, which matters more than most stats.

• Growth rank: 10 out of 33 - above average in Stony Plain
• Price rank: 7 out of 18 - above average pricing
• Days-on-market rank: 6 out of 15 - moderately fast
• Transaction volume rank: 3rd in Stony Plain - strong buyer interest
• Airbnb rank: 17th in Stony Plain

The So What - Should You Sell This Summer?

If you are thinking about listing this summer, here is the straight talk. You are not in a hot seller's market where you can price high and wait. Buyers in Cedar Brae II are negotiating - that 97% sale-to-list ratio tells you they have a little leverage. Price it right from day one and you will move it in under a month. Overprice it and you will sit.

The rental angle is worth knowing too. Estimated rent is $1,390 per month with a 4.26% rental yield. If selling feels rushed, holding and renting is a legitimate play. That yield is moderate but real, and it buys you time to sell when conditions shift.

Bottom line - Cedar Brae II is not a neighbourhood in trouble. It is a neighbourhood taking a breather. Values are nudging up, buyer activity ranks third in the city, and the HonestDoor Price is ahead of where most assessments will land. Check your number now at HonestDoor so you walk into any conversation - with a buyer, a bank, or a realtor - knowing exactly where you stand.

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.