Fairways, Stony Plain - October 2026 Real Estate Report
Fairways, Stony Plain: What Your Neighbour's House Is Actually Worth Right Now
The Vibe in Fairways
If you've been watching the "For Sale" signs on your street, here's what's actually happening. Fairways is holding its own in Stony Plain - houses are moving, prices are up, and the neighbourhood is sitting above average on the price leaderboard. It's not a runaway market, but it's not cooling off either. It's steady, and steady is good.
Houses - The Real Numbers
The average HonestDoor Price for a house in Fairways right now is $504,349 - up 2.38% from the previous period. The average sale price came in at $485,000, which is up 4.9% from last month. Listings are sitting at $499,900 on average, and homes are selling at 97.02% of list price. That means buyers are getting a small discount, but sellers are still commanding strong numbers.
- Average HonestDoor Price: $504,349 (up 2.38%)
- Average sale price: $485,000 (up 4.9% month over month)
- Average list price: $499,900
- Price per square foot: $454
- Average days on market: 16 days
- Sale-to-list ratio: 97.02%
- Estimated monthly rent: $2,538
- Rental yield: 5.65% - that's a strong return
- Airbnb estimate: $126 per night (ranked 11th in Stony Plain)
- Total transaction rank in Stony Plain: 2nd - we're one of the busiest neighbourhoods around
Homes here are selling faster than South Creek (20 days vs. our 16), which tells us demand in Fairways is real. On the neighbourhood leaderboard, our growth rate ranks 21 out of 37 in Stony Plain - below average on growth, but our price rank is 12 out of 31, which puts us above average in value. Days on market ranks 8 out of 22, meaning we're in the faster half of Stony Plain for selling speed. Not bad at all.
One thing worth watching: the predicted market value of $492,638 is sitting below the 3-month moving average of $501,401, and recent values have shifted by -3.54%. That's not a alarm bell, but it's worth keeping an eye on. The market is taking a small breather on the prediction side even as sale prices tick up.
Condos - A Different Story
Condos in Fairways are in a softer spot right now. The average HonestDoor Price is $387,686, which has dipped 2.00% from the previous period. The predicted market value is $395,581, and that's also trending down from the 3-month moving average of $401,967. Recent value change sits at -2.64%.
- Average HonestDoor Price: $387,686 (down 2.00%)
- Predicted market value: $395,581
- 3-month moving average: $401,967
- Estimated monthly rent: $2,031
- Rental yield: 4.03% - moderate, but workable
- Airbnb estimate: $101 per night (ranked 7th in Stony Plain)
- Growth rank: 29 out of 32 in Stony Plain - bottom of the pack right now
That growth rank of 29 out of 32 is the number that matters most for condo owners. It means if you're holding a condo in Fairways hoping for a quick appreciation win, the data isn't on your side at the moment. That doesn't mean it's a bad asset - the rental yield is still moderate and the Airbnb potential is there - but the growth story is weak compared to most of Stony Plain 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 just jumped 4.9% in a single month. It doesn't know what your neighbour's place actually sold for last week. The HonestDoor Price is updated in real time using actual transaction data - it's the number that reflects what a buyer would pay for your home today, not what a government formula calculated last year.
For house owners in Fairways, that gap matters. Your HonestDoor Price of $504,349 could be sitting well above your current assessment. That's the number you want in your back pocket before you talk to a realtor, refinance, or even just figure out where you stand. Don't let a stale assessment be the last word on what your home is worth.
So What - Should You Sell This Summer?
If you own a house in Fairways and you've been thinking about listing, the timing is worth a serious look. Here's why:
- Prices are up 4.9% month over month - that's real momentum
- Homes are moving in 16 days on average - buyers are active
- We're ranked 2nd in Stony Plain for total transactions - this neighbourhood gets traffic
- Your predicted value of $492,638 is higher than nearby South Creek at $454,946 - we have a price advantage over the competition
The one thing to watch is that the predicted value is drifting below the 3-month average. That could mean the peak of this mini-run is behind us. If you're a house owner thinking about selling, sooner rather than later makes sense based on what the data is showing right now.
If you own a condo, the calculus is different. With a growth rank of 29 out of 32 and values trending down, this isn't the moment to rush a sale expecting top dollar. Hold, rent it out at $2,031 a month, and watch the market. The rental yield of 4.03% means the asset is still working for you while you wait.
Bottom line - check your HonestDoor Price today. It takes two minutes and it's the most honest number you'll find on what your Fairways property is actually worth right now.
fairways | stony plain | october 2026This 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.