Cedar Brae II, Stony Plain - October 2026 Real Estate Report
Cedar Brae II, Stony Plain: Your Condo Is Moving Faster Than You Think
The Vibe Right Now
If you own a condo in Cedar Brae II, here is what is actually happening on your street. The average HonestDoor Price sits at $243,320, which is down 6.33% from the previous period. That is the honest part. But here is the flip side - the most recent sale closed at $295,000, right at list price, and the property was gone in a single day. One day. That is not a cooling market. That is a market where the right buyer is ready and waiting.
We are seeing a stable, balanced picture for condos here. One sale, clean at 100% of asking, with a price per square foot of around $282. No drama, no discounting. Just a clean transaction.
- Average HonestDoor Price: $243,320 (down 6.33% from previous period)
- Recent average sale price: $295,000
- Price per square foot: $282
- Average days on market: 1
- Sales-to-list ratio: 100%
- Predicted market value: $259,755
- Average rental estimate: $1,320 per month
- Rental yield: 4.25%
- Airbnb estimate: $66 per night
- Transactions in 2026: 7
The Neighborhood Leaderboard
Cedar Brae II punches above its weight in Stony Plain. Growth rate ranks 5 out of 32 neighborhoods - that puts us in the top tier of the city for momentum. Days-on-market rank is 1 out of 15, meaning condos here sell faster than anywhere else tracked in Stony Plain. Price rank is 7 out of 18, so we sit above average without being the most expensive option in town.
For context, here is how we stack up against the neighbors:
- Cedar Brae - average HonestDoor Price $294,528, rental estimate $1,581 (slightly pricier than us)
- Westerra Manor - average HonestDoor Price $177,324, rental estimate $974 (cheaper, lower rents)
- Cove Properties - average HonestDoor Price $199,489, rental estimate $1,094 (cheaper, lower rents)
Cedar Brae II sits in a solid middle ground - more affordable than Cedar Brae, stronger rental returns than Westerra Manor and Cove Properties. That is a useful position to be in.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your municipal assessment. It is a snapshot taken months ago, sometimes longer. It does not know that a condo just sold at $295,000 in your neighborhood last month. It does not update when buyer demand shifts. It is essentially a photograph of a market that has already moved on.
Your HonestDoor Price is a live read. It is pulling in real transaction data - like those 7 sales already recorded in 2026 - and recalculating in real time. Right now, the predicted market value for condos here is $259,755, up slightly from the 3-month moving average of $258,598. That 0.31% recent change is small, but it is moving in the right direction, and it is current.
If you are making any financial decision based on your home - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to start with, not the one on your tax notice.
The So What - Should You Sell This Summer?
If you have been sitting on the fence, here is the straight answer. The conditions are not bad. Condos in Cedar Brae II are selling at full asking price in a single day. That is a seller's best-case scenario. The market is not on fire, but it is not taking a breather either - it is just steady and efficient.
The 6.33% dip in the HonestDoor Price average is worth watching, but the actual transaction data tells a calmer story. One clean sale at $295,000 with zero days of sitting. Buyers who show up here are serious.
With a rental yield of 4.25% and an Airbnb rank of 18 in Stony Plain, investors are also paying attention to this pocket. That keeps demand from multiple directions, which is exactly what you want as a seller.
Bottom line - if your condo is in good shape and priced right, this summer is a reasonable window. Check your HonestDoor Price first, compare it to recent sales, and go in with clear eyes. That is how neighbors here make smart moves.
cedar brae ii | stony plain | 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.