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

Cedar Brae II Condos: Steady Hands in a Quiet Market

The Vibe Right Now

If you own a condo in Cedar Brae II, here is the honest picture. Things are not flying off the shelves, but they are not falling apart either. We are sitting in a stable, buyer-friendly market where prices are holding and sellers who price smart are still getting deals done.

• Average sale price: $241,000
• Average list price this month: $247,400
• Price per square foot: $285
• Homes selling at 97.16% of list price - buyers are negotiating, but not by much
• Average days on market: 28 days
• 2 properties sold recently - low volume, but steady

That 28-day average is worth paying attention to. Our neighbours in Cove Properties are moving units in 17 days. That gap tells us Cedar Brae II is taking a bit of a breather. Not a red flag - just a signal that pricing and presentation matter more right now than they did a year ago.

Where We Stand on the Leaderboard

Here is something worth knowing. Cedar Brae II is not just holding its own - it is actually ranked above average across Stony Plain on a few key measures.

• Growth rank: 13 out of 32 neighbourhoods - top half, above average
• Days-on-market rank: 6 out of 15 - moderately fast-selling compared to the rest of Stony Plain
• Price rank: 7 out of 18 - above average in price, meaning we hold value better than most

For context, nearby Cove Properties averages $197,899 and Westerra Manor sits at $181,389. Cedar Brae II condos at $259,755 are priced higher - and that premium is backed by real market activity, not just wishful thinking.

The Secret Sauce - Your HonestDoor Price vs. That Old 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. It does not adjust for the fact that the predicted market value for Cedar Brae II condos right now is $258,958 - and that number is trending up from the 3-month moving average of $257,277.

The HonestDoor Price is the real-world check. It is pulling from actual recent transactions, current listing data, and live market signals. The average HonestDoor Price for Cedar Brae II condos is $259,755 - up 0.31% from the previous period. That is not a huge jump, but it is movement in the right direction, and your tax assessment almost certainly does not reflect it yet.

If you are making any financial decision - refinancing, selling, even just curious about your equity - the HonestDoor Price is the number to look at first.

The So What - Thinking About Selling This Summer?

Straight talk: this is not a panic-sell market, but it is also not a "list it high and wait" market. Buyers are active but careful. They are paying 97 cents on the dollar, not full ask. That means your list price has to be sharp from day one.

The good news is your rental story is solid if you want to hold instead. Estimated rent sits at $1,400 per month with a 4.25% rental yield. That is a moderate but real return - better than leaving equity sitting idle.

Cedar Brae II also ranked 17th in Stony Plain for Airbnb potential, with an estimated $69 per night. Not a goldmine, but a real option if you want flexibility before committing to a sale.

Bottom line - if you are selling this summer, get your HonestDoor Price first, price within 2-3% of it, and do not sit on the market past 30 days without adjusting. The buyers are out there. They just have options right now, and they know it.

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.