Grandin Park, St. Albert - August 2026 Real Estate Report

Grandin Park, St. Albert: Your Neighbour Just Got a Surprise at the Appraisal Office

If you own a home in Grandin Park and you haven't checked your HonestDoor Price lately, now is the time. The market here is moving in two very different directions depending on what you own - and the gap between what the city thinks your place is worth and what buyers are actually paying is wider than most people realize.

The Vibe: Houses vs. Condos

Houses - We're Holding Real Value

Houses in Grandin Park are having a strong run. The average sale price hit $764,167 this month - up 24.9% from last month. That's not a typo. Listings are sitting at $771,633 on average, and homes are selling at 98.87% of list price. Buyers are paying close to full ask, and properties are moving in about 26 days. For context, that's faster than nearby Grandin, where homes sit for 30 days.

• Average sale price: $764,167 (up 24.9% from last month)
• Average list price: $771,633
• Price per square foot: $492
• Average days on market: 26
• Sale-to-list ratio: 98.87%
• Predicted market value: $527,533
• 3-month moving average: $512,791
• Estimated monthly rent: $2,622
• Rental yield: 5.58%
• Properties sold this month: 3
• Total 2026 transactions: 90

On the neighbourhood leaderboard, Grandin Park houses rank 2 out of 23 neighbourhoods in St. Albert for growth rate. That puts us near the very top of the city. Price rank sits at 8 out of 21 - above average. Days-on-market rank is 7 out of 17, meaning we're selling moderately fast compared to the rest of St. Albert. The rental yield of 5.58% is a number landlords should pay attention to - that's a strong return in today's market.

Condos - Taking a Breather

The condo side of Grandin Park is a quieter story. The average HonestDoor Price is $245,017, down 7.11% from the previous period. One condo sold this month at $214,000, with a price per square foot of $199. Activity is thin - only 2 transactions recorded in 2026 so far.

• Average HonestDoor Price: $245,017 (down 7.11%)
• Average sale price: $214,000
• Price per square foot: $199
• Predicted market value: $263,770
• 3-month moving average: $246,874
• Estimated monthly rent: $1,434
• Rental yield: 4.25%
• Properties sold this month: 1
• Total 2026 transactions: 2

Condo values have moved up 5.50% recently, and the predicted market value of $263,770 is climbing above the 3-month average of $246,874 - so there's upward momentum building even if sales volume is low. On the growth leaderboard, condos here rank 6 out of 23 in St. Albert - above average. Price rank is 13 out of 18, meaning condos here sit on the more affordable end of the city.

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on data that's already stale by the time it lands in your mailbox. It doesn't know that house prices in Grandin Park jumped nearly 25% last month. It doesn't factor in what buyers are actually bidding right now.

The HonestDoor Price is updated in real time using current sales, listing trends, and neighbourhood-level data. For houses, the HonestDoor Price is sitting at $510,468. The predicted market value for houses is $527,533 - and that number is trending up from the 3-month average of $512,791. That's the real-world check your assessment simply can't give you. If you're making any financial decision - refinancing, selling, or just figuring out where you stand - the HonestDoor Price is the number to start with, not the one the city mailed you.

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

If you own a house in Grandin Park and you've been sitting on the fence about selling, the data is giving you a clear signal. Buyers are active, homes are moving in under a month, and the sale-to-list ratio means you're not leaving much money on the table. Ranking 2nd out of 23 St. Albert neighbourhoods for growth is not a small thing - that's a story you can tell buyers.

For condo owners, the picture is more patient. Volume is low, which means less competition if you list - but also fewer comparable sales to anchor your price. The upward trend in predicted value is encouraging, but this is a market where pricing it right from day one matters more than ever.

Bottom line - check your HonestDoor Price before you call an agent, before you refinance, and definitely before you assume your city assessment tells the whole story. In a market moving this fast, last year's number is already old news.

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.