Cedar Brae, Stony Plain - July 2026 Real Estate Report

Cedar Brae Condos Are Holding Steady - But the Window for Sellers Is Narrow

The Vibe Right Now in Cedar Brae

If you own a condo in Cedar Brae, Stony Plain, here is the honest picture: the market is not crashing, but it is not on fire either. It is taking a breather. The average sale price sits at $295,000, and listings are coming in around $299,900. That gap is small, which tells us buyers and sellers are not that far apart. What is worth watching is that homes are sitting for about 55 days before selling. That is longer than Cedar Brae II next door, where condos are moving in 28 days. So we are not the fastest horse in the race right now.

The good news? We are still beating out Cove Properties, where condos linger for 57 days. So Cedar Brae is holding its own in the middle of the pack. Buyers are paying 98.37% of list price on average - meaning if you list at $299,900, expect to close somewhere around $295,000. That is a stable, predictable market. Not a frenzy, but not a fire sale either.

• Average sale price: $295,000
• Average list price: $299,900
• Sale-to-list ratio: 98.37% (buyers paying just under asking)
• Average days on market: 55 days
• Price per square foot: $256
• Transactions in 2026 so far: 1

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

Here is something most Cedar Brae condo owners do not realize: the city's assessed value on your tax notice is a snapshot from the past. It does not update in real time, and it does not care what the market did last month. The HonestDoor Price does.

Right now, the average HonestDoor Price for a Cedar Brae condo is $298,176. The predicted market value is sitting at $299,002 - up from the 3-month moving average of $288,507. That is a 5.19% move in recent value. Your tax assessment will not show you that. The HonestDoor Price is the real-world check - it reflects what a buyer would actually pay for your place today, not what the government guessed it was worth last year.

On the neighbourhood leaderboard, Cedar Brae ranks 10 out of 33 comparable neighbourhoods in Stony Plain for growth. That puts us in the above-average tier - not leading the pack, but solidly ahead of most. For price, we rank 4 out of 18, meaning Cedar Brae condos are among the higher-priced options in the city. That is a position worth protecting.

• HonestDoor Price: $298,176 (down a slim 0.28% from last period)
• Predicted market value: $299,002
• 3-month moving average: $288,507
• Recent value change: 5.19%
• Growth rank: 10 out of 33 in Stony Plain (above average)
• Price rank: 4 out of 18 in Stony Plain (above average)

The So What - Should You Sell This Summer?

If you are thinking about listing your Cedar Brae condo this summer, here is the straight talk: you have a real pricing advantage over almost every nearby neighbourhood. Cove Properties condos are averaging $201,300. Westerra Manor is at $181,636. Even Cedar Brae II sits at $257,082. Your condo at $298,176 is the top of the local food chain.

But that 55-day average time on market means you need to price it right from day one. Buyers in this market are not panicking. They are patient. If you come in too high, you will sit. If you price close to that $295,000-$299,000 sweet spot, you are in the zone where deals are actually getting done.

The rental picture also gives sellers a useful backup plan. Estimated rent is $1,603 per month, with a rental yield of 4.20%. That is a moderate return - not spectacular, but enough to make holding the property a reasonable option if the summer selling season does not deliver the price you want.

Bottom line: Cedar Brae condos are worth more than most of your neighbours' places, the HonestDoor Price is trending up, and summer is historically when buyers get serious. Check your HonestDoor Price now so you know exactly where you stand before you call an agent.

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.