Cedar Brae, Stony Plain - September 2026 Real Estate Report

Cedar Brae Condos Are Holding Steady - But the Clock Is Ticking If You Want to Sell

The Vibe Right Now

If you own a condo in Cedar Brae, here is the honest picture. The market is not crashing, but it is not on fire either. We are in a stable buyers' market, which means buyers have the upper hand - and they know it. The average sale price is sitting at $295,000, and sellers are getting about 98.37% of their asking price. That gap between list and sold is not huge, but it is real money out of your pocket if you price wrong from the start.

Listings are averaging $299,900 right now, and the price per square foot is around $256. Compare that to Cedar Brae II next door, where condos are selling at $241,000 on average, and it is clear we are the pricier option in this corner of Stony Plain. That is not a bad thing - it just means buyers shopping our neighbourhood are expecting more for their dollar.

The Number That Should Be on Your Radar

• Average HonestDoor Price: $299,102
• Average Sale Price (recent): $295,000
• Average List Price: $299,900
• Price Per Square Foot: $256
• Average Days on Market: 55 days
• Sale-to-List Ratio: 98.37%
• Rental Estimate: $1,604 per month
• Rental Yield: 4.19%
• Airbnb Estimate: $80 per night
• Transactions in 2026: 1

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

Here is something most Cedar Brae homeowners do not think about until it is too late. Your city assessment is a snapshot from months ago - sometimes longer. It does not move with the market. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. Right now, that number is $299,102, and the predicted market value is $299,622 - already trending above the 3-month moving average of $298,933.

That upward tick matters. It tells us values are quietly creeping higher even while the broader market takes a breather. If you are making any financial decision based on what the government says your condo is worth, you are working with old information. The HonestDoor Price is the real-world check that keeps you honest - and keeps money in your pocket.

On the neighbourhood leaderboard, Cedar Brae ranks 4 out of 18 for price in Stony Plain. That puts us solidly above average when it comes to condo values. Growth rate sits at 19 out of 32 - below average, yes, but not falling off a cliff. Think of it as the market catching its breath rather than heading downhill.

The So What - Should You Sell This Summer?

If you are thinking about listing this summer, here is the straight talk. Fifty-five days on market is not fast. Cedar Brae II is moving units in 28 days, which means buyers have options nearby and they are not in a rush. You will need to price sharp and present well if you want to avoid sitting on the market through August.

The good news is that Cedar Brae condos are commanding a premium over every nearby neighbourhood in this comparison. Cove Properties is averaging $197,899. Westerra Manor is at $181,389. Cedar Brae II is at $259,755. We are at $299,102. That gap is your selling story - use it.

For anyone holding a condo as a rental, a 4.19% yield is moderate but respectable. At $1,604 per month in estimated rent, you are covering costs in most scenarios. The Airbnb angle ranks 13th in Stony Plain, so short-term rental is not the headline play here, but it is an option worth knowing about.

Bottom line - Cedar Brae is not a neighbourhood in trouble. It is a neighbourhood where smart pricing and good timing will separate the sellers who win from the ones who wait too long. Check your HonestDoor Price before you do anything else.

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.