Elmwood Court, Stony Plain - August 2026 Real Estate Report

Elmwood Court Condos: Solid and Steady, But Here Is What You Need to Know Right Now

The Vibe in Elmwood Court

If you own a condo in Elmwood Court, the market is not setting any speed records - but it is not falling apart either. We are sitting in a stable buyers' market, which means buyers have a little leverage, but sellers who price smart are still getting deals done. One condo sold in 2026 so far, it moved in 17 days, and the seller got 98.34% of their asking price. That is close to full ask. Not bad.

The average sale price is sitting at $142,500, with listings coming in around $144,900. Price per square foot is roughly $189. For context, that puts us slightly ahead of Westerra Manor condos ($142,000 average sold price) but well below Cedar Brae ($299,622 HonestDoor Price) and Cedar Brae II ($258,958). We are the more affordable entry point in this part of Stony Plain - and that matters to buyers.

• Average sale price: $142,500
• Average list price this month: $144,900
• Price per square foot: $189
• Sale-to-list ratio: 98.34% (buyers paying just under ask)
• Average days on market: 17 days
• Rental estimate: $1,245 per month
• Airbnb estimate: $62 per night
• Total transactions in 2026: 2

The Neighborhood Leaderboard - Where We Actually Stand

Here is the honest picture. On the Stony Plain neighborhood leaderboard, Elmwood Court condos rank 26 out of 33 for growth. That puts us in the below-average tier right now. Price rank is 14 out of 18, so we are on the more affordable end of the spectrum. The one bright spot - days-on-market rank is 5 out of 15, meaning our condos are selling faster than most comparable spots in Stony Plain. Buyers who want in are not sitting on their hands.

The predicted market value is $229,400, but that number is trending down from a 3-month moving average of $235,992. Values have shifted -2.39% recently. This is the market taking a breather - not a crash, but worth paying attention to if you are thinking about timing a sale.

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

Here is something most Elmwood Court owners do not think about until it is too late. Your city assessment is a snapshot from months ago - sometimes longer. It does not know what happened on your street last week. The HonestDoor Price is updated in real time using actual sales data, current listings, and market movement. Right now, the average HonestDoor Price for Elmwood Court condos is $228,760.

Why does that gap matter? Because if you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - you want the number that reflects today, not last year. The HonestDoor Price is that real-world check. Pull yours up before you rely on whatever number the city last mailed you.

• Average HonestDoor Price: $228,760
• Recent change: -0.28% from the previous period
• Rental yield: 4.29% - moderate but consistent
• Predicted market value: $229,400
• 3-month moving average: $235,992 (values are easing)

The So What - Thinking About Selling This Summer?

If you are weighing a summer sale, the window is real but it requires a sharp price. Buyers in Elmwood Court are paying 98.34% of list - that means overpricing by even a few thousand dollars will cost you time and negotiating power. The sweet spot is listing close to that $144,900 range and letting the 17-day average work in your favour.

The growth rank of 26 out of 33 tells us this is not a neighbourhood where you can sit back and wait for appreciation to do the heavy lifting. If selling is on your radar, sooner beats later while values are still holding near the $229,400 predicted mark. Waiting for the next tax assessment to guide your decision would be a mistake - that number is already behind the curve.

Bottom line: price it right, move quickly, and check your HonestDoor Price first. That is the playbook for Elmwood Court this summer.

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.