HonestDoor

    Countryside South, Grande Prairie - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Grande Prairie, Countryside South

    Countryside South, Grande Prairie: Here's What Your Home Is Actually Worth Right Now

    If you live in Countryside South and you're still going off your city assessment to figure out what your place is worth, you're working with old information. Here's the real picture - straight from the numbers, no fluff.

    The Vibe: Houses vs. Condos in Countryside South

    The two property types in our neighbourhood are telling very different stories right now, so let's break them down separately.

    Houses - Moving Fast, Priced Strong

    If you've been watching the "For Sale" signs in Countryside South, here's what's actually happening with houses. The average sale price hit $419,000 this month - that's up 12.5% from last month. Only one house sold, but it sold in 13 days and went for 99.79% of the asking price. Buyers are not lowballing here. They're showing up close to full price.

    • Average HonestDoor Price: $387,249 (down 0.33% from last period)
    • Average sale price this month: $419,000
    • Average listing price: $419,900
    • Price per square foot: $264
    • Days on market: 13 days average
    • Sale-to-list ratio: 99.79%
    • Estimated monthly rent: $2,028 to $2,034
    • Rental yield: 5.85% - that's a strong return
    • Predicted market value: $388,524

    That 5.85% rental yield is worth pausing on. For context, that means if we rented our house out, we'd be generating solid income relative to what the property is worth. That's not a number you see everywhere in Grande Prairie right now.

    On the neighbourhood leaderboard, Countryside South houses rank 19 out of 56 neighbourhoods for growth - that puts us in above-average territory across the city. Our days-on-market rank is even better: 4 out of 29, meaning houses here sell faster than almost anywhere else in Grande Prairie. Price rank sits at 22 out of 37, which puts us in the more affordable range - but that's not a bad thing if you're a buyer or a landlord looking for yield.

    Compared to neighbours like Summerside ($473,442 HonestDoor Price) and Country Club Estates ($456,003), we're priced lower - but we're selling quickly and holding strong on sale-to-list ratios. That gap might actually be an opportunity for buyers who've been priced out next door.

    Condos - A Softer Story, But Worth Watching

    Condos in Countryside South are in a different spot right now, and we should be honest about it. The average HonestDoor Price is $140,789, down 5.22% from the previous period. The 3-month moving average is sitting at $153,433, and the predicted value of $148,544 is trending below that. Values have dipped 1.90% recently.

    • Average HonestDoor Price: $140,789 (down 5.22%)
    • Predicted market value: $148,544
    • 3-month moving average: $153,433
    • Estimated monthly rent: $773 to $817
    • Rental yield: 4.35% - moderate
    • Airbnb estimate: $39 per night
    • Growth rank: 32 out of 47 neighbourhoods - below average

    The condo market here is taking a breather. Growth ranks 32 out of 47 Grande Prairie neighbourhoods - that's below average. If you own a condo in Countryside South, this isn't a panic moment, but it is a moment to pay attention. Nearby Countryside North and Signature Falls are pricing condos around $261,000 - nearly double what ours are fetching. That gap is significant and worth understanding before making any moves.

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

    Here's the thing about city assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data, current listing activity, and neighbourhood trends. It's the real-world check against a number that was calculated months ago on a spreadsheet at city hall.

    For houses in Countryside South, the HonestDoor Price of $387,249 and the predicted value of $388,524 are sitting close together - that's a sign the model is tracking well with reality. For condo owners, the HonestDoor Price of $140,789 is actually lower than the predicted value of $148,544, which means there could be a gap between what the market thinks your unit is worth and what buyers are actually paying right now. You want to know that gap before you price your listing - not after.

    Checking your HonestDoor Price takes two minutes. Waiting for the next assessment could cost you thousands in a mispriced listing.

    The "So What?" - Thinking About Selling This Summer?

    For house sellers, the timing is genuinely interesting right now. Homes are selling in 13 days on average. Buyers are paying within a fraction of asking price. The sale price of $419,000 is running above the HonestDoor predicted value of $388,524 - meaning the market is rewarding well-priced listings with real offers. If you've been sitting on the fence about listing this summer, the demand side of the equation looks solid.

    For condo sellers, the picture calls for more strategy. Values are drifting down, the growth rank is below average, and nearby neighbourhoods are commanding much higher prices for similar product. That doesn't mean you can't sell - it means you need to price sharp and market hard. An overpriced condo in this environment will sit. A well-priced one can still move.

    Bottom line for Countryside South this summer - if you own a house, you have some wind at your back. If you own a condo, go in with clear eyes and a competitive price. Either way, start with your HonestDoor Price so you know exactly where you stand before you call an agent or accept an offer.

    countryside south | grande prairie | august 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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