Folkstone Place, Stony Plain - August 2026 Real Estate Report

Folkstone Place, Stony Plain: Your Home Is Selling Fast - But Prices Are Easing Off

The Vibe Right Now

If you've been watching the "For Sale" signs on your street, here's what's actually happening. Folkstone Place is a stable, mid-range pocket of Stony Plain where homes are moving quickly - but the price ceiling is starting to drift down a little. The average HonestDoor Price sits at $450,328, which is off by about 0.71% from last period. Not a crash. Not even close. But worth paying attention to if you're timing a sale.

On the houses side, we're seeing an average sale price of $455,000, with listings coming in at $454,900. The really interesting number? Homes are selling at 100.02% of list price. That means buyers are paying slightly above asking. In this market, that's a signal that demand is still real - sellers just aren't getting to name their own price the way they might have a year or two ago.

• Average HonestDoor Price: $450,328
• Average sale price (houses): $455,000
• Average list price this month: $454,900
• Price per square foot: $361
• Sale-to-list ratio: 100.02% - buyers are paying above ask
• Average days on market: 7 days
• Properties sold in 2026: 2 transactions

The Neighborhood Leaderboard

Here's where we stand compared to the rest of Stony Plain. On speed, we're near the top - days-on-market ranks 2nd out of 23 neighbourhoods. That means Folkstone Place homes are among the fastest-selling in the entire city. Buyers are not sleeping on this area.

On price, we rank 13th out of 31 neighbourhoods - above average. So we're not the cheapest option, and buyers know it. On growth, though, we rank 26th out of 39. That puts us in the below-average tier right now. The market is taking a breather here, and the 3-month moving average of $460,409 confirms that predicted values at $453,534 are trending slightly lower.

• Days-on-market rank: 2 out of 23 - very fast-selling
• Price rank: 13 out of 31 - above average in Stony Plain
• Growth rank: 26 out of 39 - below average right now
• Nearby comparison - Silverstone: $542,213 avg HonestDoor Price
• Nearby comparison - Sun Meadows: $403,798 avg HonestDoor Price
• Nearby comparison - Cove Properties: $219,200 avg HonestDoor Price

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, based on data that's even older than that. It does not reflect what a buyer would actually pay for your home today. The HonestDoor Price is updated in real time, pulling from actual sales, current listing activity, and live market shifts. Right now, with values down 1.43% recently and the 3-month trend dipping from $460,409 toward $453,534, your assessment could be showing you a number that no longer exists in the real world.

Knowing your HonestDoor Price right now is not just a curiosity - it's a practical tool. If you're thinking about refinancing, listing, or just want to know where you actually stand, the HonestDoor Price gives you the real-world check that your tax notice simply cannot.

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

Honestly? The timing argument for selling this summer is pretty solid - but you need to move with intention. Here's why.

Homes in Folkstone Place are selling in 7 days on average. That is fast. Buyers are engaged, and the sale-to-list ratio above 100% tells us there's still competition when a good home hits the market. But the predicted value is sliding - down 1.43% recently - and the 3-month trend is heading in the wrong direction. Waiting until fall does not obviously help you here.

If you price it right - right around that $454,900 to $455,000 range - you have a real shot at a quick, clean sale at or above asking. Price it too high and you'll be chasing the market down. The rental angle is also worth knowing: at $2,318 per month in estimated rent and a 5.73% rental yield, investors are watching this neighbourhood. That keeps a floor under demand even as values ease.

• Estimated monthly rent: $2,318 - $2,329
• Rental yield: 5.73% - strong for investors
• Airbnb estimate: $116 per night
• Airbnb rank in Stony Plain: 19th
• Bottom line: price it sharp, list it now, and the 7-day market does the rest

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.