Grandin, St. Albert - August 2026 Real Estate Report

Grandin, St. Albert: Your Neighbour Just Sold - Here Is What You Need to Know

If you have been watching the "For Sale" signs in Grandin lately, here is the honest picture. The market is moving, but it is not moving in one direction. Houses and condos are telling two very different stories right now, and which one you own matters a lot for what you do next.

The Vibe: Houses vs. Condos in Grandin

Houses - Taking a Breather

We will be straight with you. The house market in Grandin is cooling off. The average sale price sits at $272,500, which is down 12.5% from last month. Property values have slipped 3.52% recently, and on the neighbourhood growth leaderboard, Grandin houses rank 23 out of 23 in St. Albert. That is bottom of the pack.

• Average sale price: $272,500 (down 12.5% from last month)
• Average list price: $271,450
• Price per square foot: $224
• Sale-to-list ratio: 100.66% - buyers are still paying above asking
• Average days on market: 14 days (ranks 2nd fastest in St. Albert)
• Properties sold in 2026: 1 transaction recorded
• Growth rank: 23 out of 23 in St. Albert

Here is the twist though. Even with prices dipping, buyers are paying over list price and homes are selling in 14 days. That is fast - second fastest in all of St. Albert. So while the price trend is soft, demand is not dead. The predicted market value for a Grandin house is $399,680, which is actually ticking up from the 3-month moving average of $397,681. There is a floor forming here.

For landlords or anyone thinking about renting, the estimated rent is $2,066 per month with a rental yield of 5.82%. That is a strong return by any measure.

Condos - A Different Story Entirely

Our condo market is doing something interesting. While houses cool, condos are quietly climbing. The predicted market value for a Grandin condo is $1,338,251 - up from a 3-month moving average of $1,240,575. That is real upward movement. Recent value change sits at plus 7.39%, which puts Grandin condos at 5th out of 23 neighbourhoods in St. Albert for growth. That is a top-tier ranking.

• Average sale price: $310,000 (essentially unchanged month over month)
• Average list price: $307,450
• Price per square foot: $254
• Sale-to-list ratio: 100.61% - sellers are getting above asking here too
• Average days on market: 30 days
• Properties sold in 2026: 2 transactions recorded
• Growth rank: 5 out of 23 in St. Albert - above average

The rental picture for condos is solid too. Estimated rent comes in at $3,742 per month. The Airbnb rank for condos in St. Albert is 4th, which tells us short-term rental demand is real here. If you own a Grandin condo, you are sitting in a stronger position than most people realize.

The Secret Sauce: Check Your HonestDoor Price Before the City Does

Here is why this matters right now. The city's assessed value on your property is a snapshot from the past. It does not know what happened last month. It does not know that house values in Grandin have shifted 3.52% recently, or that condo predicted values have jumped well above the 3-month average.

The HonestDoor Price is the real-world check against that static number. For houses in Grandin, the average HonestDoor Price is $389,779. For condos, it is $1,179,109. These numbers are updated in real time, not once a year.

Why does that gap matter to your wallet? Because if you are making any decision - selling, refinancing, even just understanding your net worth - using a stale government assessment could cost you. You might underprice a sale. You might overpay on a purchase. The HonestDoor Price gives us the current read, not last year's guess.

Compare that to nearby neighbourhoods. Grandin Park houses average $510,468. Downtown sits at $503,324. Sturgeon Heights is at $479,642. Grandin houses are priced well below all three neighbours. That is useful context whether you are buying, selling, or just keeping score.

The So What - Thinking About Selling This Summer?

If you own a house in Grandin and are thinking about listing this summer, do not wait for the market to get better on its own. The price trend is soft and the growth rank is last in St. Albert right now. That does not mean you cannot sell well - buyers are still paying above list and homes are moving in two weeks. But timing and pricing matter more than usual. Get your HonestDoor Price, compare it to what sold recently at $272,500, and price sharp. A clean, well-priced listing in a fast-moving market can still win.

If you own a condo, the calculus is different. Values are climbing, the growth rank is strong, and buyers are paying above asking. You have a bit more leverage. Summer could be a good window, but the data suggests holding is not a bad play either if you are not in a rush.

Either way, the first move is the same - pull your HonestDoor Price today. Do not let a year-old assessment be the number you make a six-figure decision on.

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.