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

Cedar Brae II, Stony Plain: Your Condo Is Worth More Than You Think

The Vibe Right Now

If you own a condo in Cedar Brae II and haven't checked your numbers lately, now is a good time to look. The market here is steady - not flashy, but quietly moving in the right direction. We saw 2 sales this month, prices are holding around $241,000 on average, and homes are sitting on the market for about 28 days. That's not a fire sale pace, but it's not a ghost town either. For a smaller condo market in Stony Plain, that kind of consistency is actually a good sign for us as owners.

Buyers are paying about 97 cents on every dollar of list price. That tells you we're in a stable buyers' market - not a panic, just a negotiation. Price your unit right and it moves. Overprice it and it sits.

• 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 negotiating, but not by much
• Average days on market: 28
• Total transactions in 2026 so far: 5

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 months ago, sometimes longer. It does not know what sold on your street last week. The HonestDoor Price does. Right now, the average HonestDoor Price for a Cedar Brae II condo sits at $257,082, up 0.50% from the previous period. The predicted market value is $255,790, and that number is climbing - up from a 3-month moving average of $249,574.

That gap between your old assessment and what your unit could actually sell for today? That is money sitting on the table that most owners do not even know about. The HonestDoor Price is the real-world check - updated, data-driven, and not stuck in the past.

• HonestDoor Price: $257,082 (up 0.50%)
• Predicted market value: $255,790
• 3-month moving average: $249,574 - values are trending up
• Recent value change: 5.78%
• Growth rank: 9 out of 33 neighbourhoods in Stony Plain - that puts Cedar Brae II in the above-average tier

How We Stack Up Against the Neighbours

Cedar Brae II sits in a solid middle ground. Cove Properties is running an average HonestDoor Price of $201,300 and Westerra Manor is at $181,636 - both noticeably cheaper than us. Cedar Brae, the neighbourhood right next door, comes in at $298,176. So we are priced above the budget options but still below the top of the local range. That is a reasonable place to be if you are thinking about resale.

• Cove Properties: $201,300 avg HD Price - cheaper than Cedar Brae II
• Westerra Manor: $181,636 avg HD Price - cheaper than Cedar Brae II
• Cedar Brae: $298,176 avg HD Price - slightly more expensive than Cedar Brae II

The So What - Should You Sell This Summer?

If you have been sitting on the fence, here is the honest take. Cedar Brae II condos are not skyrocketing, but they are not sliding either. Values are up 5.78% recently, the HonestDoor Price is ticking higher, and this neighbourhood ranks 9th out of 33 for growth in Stony Plain. That is a top-third finish on the local leaderboard - nothing to ignore.

The rental picture also gives sellers a useful angle. Estimated rent is $1,384 per month with a 4.26% rental yield. If your buyer is an investor - and plenty are in this price range - that yield is a real selling point you can put in front of them.

Bottom line: if you are thinking about listing this summer, price it close to that $247,000 range, know that buyers will likely come in around 97% of ask, and use your HonestDoor Price as your starting point - not a year-old assessment. That is how you walk away with the number you actually want.

• Rental estimate: $1,390 per month
• Rental yield: 4.26% - solid for investors
• Airbnb potential: $69 per night - Stony Plain Airbnb rank of 17
• Transaction volume rank in Stony Plain: 2nd - Cedar Brae II moves units
• Days-on-market rank: 7 out of 15 - moderately fast compared to similar neighbourhoods
• Price rank: 6 out of 18 - above average in Stony Plain pricing

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.