Fairways, Stony Plain - July 2026 Real Estate Report

Fairways, Stony Plain: What Your Home Is Actually Worth Right Now

If you live in Fairways and you haven't checked your home's value since your last tax assessment, you're probably working with a number that's already out of date. Here's the real picture - straight from the street.

The Vibe: What's Happening in Our Neighbourhood

Fairways is holding its own in Stony Plain, but the two sides of the market - houses and condos - are telling pretty different stories right now. Let's break it down.

Houses: Taking a Breather

If you've been watching the "For Sale" signs in Fairways lately, here's what's actually happening. The average sale price for houses sits at $445,500, which is down 2.9% from last month. Listings are averaging $450,000, and homes are selling at 99% of list price - meaning buyers are getting a small edge, but sellers aren't giving the house away either.

• Average HonestDoor Price: $500,831 (up 0.55% from last period)
• Average sale price: $445,500
• Average list price: $450,000
• Price per square foot: $469
• Average days on market: 16 days
• Properties sold in 2026: 12 transactions (ranked 2nd in Stony Plain for total transactions)
• Sale-to-list ratio: 99% - buyers are paying just under asking

Sixteen days on market is actually a decent pace. We're selling at the same speed as Graybriar Green, which tells us Fairways isn't sitting cold - it's just not a bidding war right now. That's a stable market, not a scary one.

The predicted market value for houses is $498,082, which is slightly off the 3-month moving average of $502,505. Values have dipped 2.42% recently, landing us at rank 22 out of 39 comparable neighbourhoods for growth - below average, but not the bottom of the leaderboard. On price alone, we rank 12 out of 31 in Stony Plain, which puts us solidly above average. And for how fast homes sell, we rank 9 out of 26 - that's moderately fast, which is a good sign for sellers who price it right.

Rental income is a real story here too. Estimated rent of $2,509 per month and a rental yield of 5.64% puts Fairways houses in strong territory for anyone thinking about holding rather than selling.

Condos: A Different Story - and a Good One

Condo owners in Fairways, pay attention. While the HonestDoor Price for condos has dipped 2.01% to $404,000, the predicted market value is $412,281 - and that number is actually climbing above the 3-month moving average of $392,990. That's momentum in the right direction.

• Average HonestDoor Price: $404,000 (down 2.01%)
• Predicted market value: $412,281
• 3-month moving average: $392,990 - current value is above this
• Recent value change: up 5.98%
• Growth rank: 8 out of 33 in Stony Plain - above average on the neighbourhood leaderboard
• Estimated rent: $2,143 per month
• Rental yield: 4.00%
• Airbnb rank in Stony Plain: 7th

A 5.98% recent value change and a top-8 growth ranking out of 33 neighbourhoods? That's a condo market that's quietly outperforming a lot of the competition in Stony Plain. If you own a condo here, the trend is working in your favour right now.

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, sometimes longer. It doesn't know that house prices in Fairways shifted 2.9% last month, or that condo values are trending upward right now. It's a static number in a moving market.

The HonestDoor Price is updated in real time using actual transaction data, local comparables, and current market signals. For houses in Fairways, that number is $500,831. For condos, it's $404,000. These aren't guesses - they're calculated from what's actually selling in our neighbourhood and the ones around us.

If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - your tax assessment is the wrong number to use. Your HonestDoor Price is the real-world check you need.

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

If you're a house owner in Fairways and you're thinking about listing this summer, the window is real but it requires smart pricing. Homes are moving in 16 days when priced right, and buyers are paying 99% of list - so there's very little room for wishful-thinking pricing. Come in sharp, and you'll move it fast.

The fact that Fairways ranks 2nd in Stony Plain for total transactions tells you this neighbourhood has genuine buyer interest. That's not nothing. But with values down 2.42% recently and the market cooling slightly, overpricing will cost you time and negotiating power.

If you own a condo and you're on the fence, the data actually suggests holding or listing sooner rather than later. The predicted value is above the 3-month average, growth is ranked top 8 in the city, and the trend line is pointing up. That's a decent position to be in.

Bottom line - Fairways is not a neighbourhood in trouble. It's a neighbourhood in transition. Check your HonestDoor Price today, know what you're actually sitting on, and make your move with real numbers in hand.

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.