Forest Green, Stony Plain - July 2026 Real Estate Report

Forest Green, Stony Plain: Your Neighbour Just Texted You This

If you own a home in Forest Green and you haven't checked your property value lately, now is the time to pay attention. The market here is doing two very different things depending on what you own - and knowing which side you're on could change your plans for this summer.

The Vibe: Houses vs. Condos - Two Very Different Stories

Let's be straight with each other. The house market in Forest Green is taking a breather right now. The condo market, on the other hand, is quietly doing something impressive.

Houses: The average sale price sits at $420,000, but that number is down 10.6% from last month. Listings are averaging $425,000, and homes are selling at about 98.82% of list price - meaning buyers are getting a small discount at the table. Properties are moving in around 20 days, which is actually a decent pace. But with values dipping 2.74% recently and a growth rank of 24 out of 39 neighbourhoods in Stony Plain, we are sitting in below-average territory right now. Not a crisis - just a cooling stretch.

• Average HonestDoor Price (Houses): $420,743
• Average sale price: $420,000
• Price per square foot: $394
• Days on market: 20
• Sale-to-list ratio: 98.82%
• Rental estimate: $2,179 per month
• Rental yield: 5.80%
• Growth rank: 24 out of 39 in Stony Plain
• Transaction rank: 2 out of all Stony Plain neighbourhoods

Condos: This is the good news side of Forest Green. Condo values have jumped 10.00% recently, and the predicted market value of $213,273 is climbing above the 3-month average of $202,682. That upward momentum earned Forest Green condos a growth rank of 2 out of 33 comparable neighbourhoods in Stony Plain. That puts us near the top of the leaderboard. If you own a condo here, that number deserves your attention.

• Average HonestDoor Price (Condos): $221,818
• HonestDoor Price growth: up 4.01%
• Predicted market value: $213,273
• 3-month moving average: $202,682
• Rental estimate: $1,213 per month
• Rental yield: 4.33%
• Recent value change: +10.00%
• Growth rank: 2 out of 33 in Stony Plain - top performer

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that condo values in Forest Green just moved up 10% or that house prices dipped this month. It is basically a photo of a market that has already changed.

The HonestDoor Price is updated in real time. For houses, it is sitting at $420,743 - up 1.63% from the previous period. For condos, it is $221,818 - up 4.01%. These numbers reflect what is actually happening on the street right now, not what was happening when a government assessor last ran the numbers.

If you are a condo owner in Forest Green, your tax assessment is almost certainly behind the curve. Your real-world value has moved faster than the paperwork has caught up. That gap matters if you are refinancing, selling, or just trying to understand what you actually own.

Compare that to nearby neighbourhoods. Whispering Waters condos are sitting at $223,637 - barely above Forest Green. Brown St Condos are at $115,785. Meridian Pines Condos at $110,843. Forest Green condos are punching well above the local competition in both price and growth momentum.

The So What - Should You Sell in Forest Green This Summer?

If you own a house here, the honest answer is: it depends on your timeline. Prices are softer right now, buyers are getting small discounts, and the growth rank is below average. That does not mean you cannot sell - 12 transactions happened in 2026 and the days-on-market number of 20 days shows buyers are still active. But if you can wait a few months to see if momentum returns, that patience might pay off.

If you own a condo, the conversation is different. You are sitting on a top-2 growth performer in all of Stony Plain. Values are rising, the 3-month trend is pointing up, and rental demand backs it up at $1,213 per month. If you have been thinking about cashing out, this summer is worth a serious conversation with your agent.

Either way - check your HonestDoor Price before you do anything else. It is the fastest way to know where you actually stand before you make a move.

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.