Fairways, Stony Plain - September 2026 Real Estate Report

Fairways, Stony Plain: Your Neighbour Just Texted You This

If you own a home in Fairways and you haven't checked your actual market value lately, you're probably working off a number that's already out of date. Here's the real picture - no fluff, no spin.

The Vibe: What's Happening Right Now

Houses in Fairways

The house market here is taking a breather. The average HonestDoor Price sits at $492,638, down 3.54% from the previous period. Homes are selling at an average of $462,500, and buyers are paying about 98 cents on the dollar - so yes, there's a little room to negotiate if you're buying.

Listings are sitting for around 22 days on average. That's a touch longer than South Creek (20 days) and noticeably longer than Graybriar Green (16 days). We're not in a panic situation, but sellers need to price sharp to move.

• Average HonestDoor Price: $492,638 (down 3.54%)
• Average sale price: $462,500
• Current listings averaging: $472,000
• Price per square foot: $384
• Sale-to-list ratio: 97.97% - buyers are winning small
• Average days on market: 22
• Transactions in 2026: 15 - ranks 2nd in Stony Plain for volume

The forward-looking number is actually more encouraging. The predicted market value for houses is $510,734, up from a 3-month moving average of $503,216. That gap between where homes are selling today and where values are predicted to go is worth paying attention to. Rental yield on houses is sitting at a solid 5.61%, with estimated rent around $2,566 per month.

On the neighbourhood leaderboard, Fairways houses rank 19 out of 36 for growth in Stony Plain - below average for now. But price rank is 13 out of 31, meaning we're sitting above average in value compared to most of the city. Days-on-market rank is 10 out of 24 - moderately fast, not blazing.

Condos in Fairways

The condo side is a quieter story. The average HonestDoor Price is $395,581, down 2.64%. The predicted value is $406,319, which is actually dipping slightly below the 3-month moving average of $407,533 - a small but real signal that condo values are levelling off here.

• Average HonestDoor Price: $395,581 (down 2.64%)
• Predicted market value: $406,319
• Estimated rent: $2,068 per month
• Rental yield: 4.02% - moderate, not spectacular
• Recent value change: 0.57%
• Airbnb estimate: $102 per night

Condos rank 16 out of 32 for growth in Stony Plain - actually above average for the condo segment. If you own a condo here and have been sitting on the fence, that ranking is a decent sign you're not falling behind the pack.

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 interest rates shifted, that your street had a bidding war in March, or that the predicted value for Fairways houses just crossed $510,000.

The HonestDoor Price updates in real time. It's pulling from actual transaction data, current listing activity, and forward-looking models. Right now, there's a meaningful gap between what the city thinks your home is worth and what the market is actually signalling. For houses, the predicted value of $510,734 is sitting well above recent sale prices of $462,500. That gap is your real-world check - and it's the number you want in your back pocket before any conversation about selling, refinancing, or even just knowing where you stand.

Don't wait for next year's assessment to tell you what your home is worth today.

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

Selling in Fairways this summer is doable, but you need to go in with clear eyes. Here's the honest breakdown:

• Buyers are paying just under list price - so overpricing by even 3-4% will cost you time and momentum
• 22 days on market means you have a window, but it's not flying off the shelf territory
• Your competition includes South Creek, where houses are selling at $534,900 on average - that's your price ceiling benchmark
• The predicted value of $510,734 gives you a target to aim for if you price and present well
• Fairways ranks 2nd in Stony Plain for total transaction volume - buyers are actively looking here, which is a real advantage

The bottom line: if you price based on the HonestDoor predicted value and not last year's assessment, you're starting the conversation in the right place. Price too high and you'll sit. Price it right and 22 days is very manageable. Summer is a reasonable time to move - just don't leave money on the table by guessing.

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.