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      Creekside, Spruce Grove - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Spruce Grove, Creekside

      Creekside, Spruce Grove: Your Neighbour Just Got a Raise. Did You?

      If you own a home in Creekside and you haven't checked your property value lately, you're probably leaving money on the table. Prices here are moving, the rental numbers are strong, and the city's last tax assessment is already out of date. Here's the real picture.

      The Vibe: What's Actually Happening in Our Neighbourhood

      Let's break it down by property type, because houses and condos are telling two different stories right now.

      Houses in Creekside

      If you've been watching the "For Sale" signs on our streets, here's what's actually happening. The average sale price for a house hit $647,817, up 3.6% from last month. That's real money moving in the right direction. Listings are sitting at an average ask of $749,000, and sellers are landing at about 98.13% of list price - so buyers are getting a slight discount, but not a big one.

      • Average sale price: $647,817 (up 3.6% month-over-month)
      • Average list price: $749,000
      • Price per square foot: $334
      • Sale-to-list ratio: 98.13%
      • Properties sold in 2026: 60 transactions
      • Average days on market: 109 days
      • Properties sold last month: 6 (down 14.3%)

      The honest part? Homes are sitting for an average of 109 days. That's not a fast market. Days-on-market ranks 15 out of 17 neighbourhoods in Spruce Grove - meaning our houses take longer to sell than almost everywhere else in the city. Price-wise though, we rank 2 out of 18 neighbourhoods. We're expensive, and buyers know it. They're taking their time.

      The HonestDoor Price for houses sits at $584,503, up 2.23% from the previous period. The predicted market value is $571,742 - slightly below the 3-month moving average of $580,266, which tells us values are taking a small breather after recent gains. Growth rate ranks 8 out of 18 comparable neighbourhoods - solidly above average on the Spruce Grove leaderboard.

      For anyone thinking about renting instead of selling, the estimated rent is $2,842 per month with a rental yield of 5.50%. That's a strong return. Airbnb potential comes in at around $141 per night, ranking 5th in all of Spruce Grove for short-term rental income.

      Condos in Creekside

      The condo story here is actually pretty interesting. The HonestDoor Price for condos is $519,600, and it's up a solid 6.10% from the previous period - that's the headline number for condo owners. The predicted market value sits at $489,733, and it's trending upward against the 3-month moving average of $480,253. That's a good sign.

      • Average HonestDoor Price: $519,600 (up 6.10%)
      • Predicted market value: $489,733
      • 3-month moving average: $480,253 (values trending up)
      • Estimated monthly rent: $2,490
      • Rental yield: 3.86%
      • Airbnb estimate: $130 per night
      • Transactions in 2026: 1

      The rental yield of 3.86% is moderate - not as punchy as houses, but still a reasonable return. Condo transaction volume is low with just 1 sale in 2026 so far, which means there isn't a lot of comparable data to work with. Growth rate ranks 8 out of 17 neighbourhoods - above average, same as houses. Consistent.

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

      Here's the thing about your city assessment - it's a snapshot from months ago, calculated on a formula that doesn't know your renovated kitchen or the new park at the end of the block. It's a bureaucratic number, not a market number.

      The HonestDoor Price is updated in real time using actual sales data, current listing activity, and neighbourhood trends. For Creekside houses, that number is $584,503 right now. For condos, it's $519,600. These aren't guesses - they're the closest thing to what a buyer would actually pay today.

      If your tax assessment is sitting below these numbers, you might be underpricing yourself in conversations with buyers, lenders, or even your own financial planner. Check your HonestDoor Price before you make any decisions. It's the real-world check your assessment can't give you.

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

      Straight talk: Creekside is one of the pricier addresses in Spruce Grove - ranked 2nd out of 18 neighbourhoods on price. That's a strong position. But homes are taking about 109 days to sell, so if you're planning to list this summer, you need to get ahead of it now. Waiting until July to list means you might be negotiating in September.

      Here's what the numbers are telling us for sellers:

      • Price momentum is positive - houses up 3.6% last month, condo HonestDoor Price up 6.10%
      • Buyers are paying close to list price (98.13%) - not a fire sale situation
      • Competition is relatively low - only 6 houses sold last month
      • 109 average days on market means pricing it right from day one is critical
      • Nearby Linkside ($592,002 HonestDoor Price) is your closest competition - we're in the same tier

      If you're a condo owner, the rising predicted value trend is your friend right now. Values are climbing off the 3-month average. That window doesn't stay open forever.

      Bottom line: Creekside is holding its value and then some. But this market rewards sellers who are prepared, priced correctly, and move before the summer rush hits. Check your HonestDoor Price today - it's the number that actually reflects what your home is worth right now, not what the city thought it was worth last year.

      creekside | spruce grove | october 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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      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. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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