Grandin, St. Albert - October 2026 Real Estate Report
Grandin, St. Albert: Your Neighbour Just Got a Better Offer Than You Think
If you own a home in Grandin and you haven't checked your HonestDoor Price lately, you might be leaving real money on the table - or mispricing yourself right out of a sale. Here's the straight story on what's actually happening in our corner of St. Albert right now.
The Vibe: Houses vs. Condos
Houses - A Buyer's Market, But Not a Panic
Let's be honest - the house market in Grandin is taking a breather. Prices have dipped 4.63% recently, and the predicted market value for a house sits at $371,922, which is sliding down from a 3-month average of $387,250. That's a real number worth paying attention to.
- Average sale price this month: $318,000
- Average list price: $319,900
- Price per square foot: $250
- Homes are selling at 99.41% of list price - buyers are getting a slight edge
- Average days on market: 43 days
- Properties sold this month: 2
43 days on market is not lightning fast. We rank 13 out of 19 St. Albert neighbourhoods for speed of sale. That means if you list a house here right now, plan for a longer runway. Price it sharp from day one - overpriced listings are sitting.
The silver lining? Rental demand is real. Estimated rent comes in at $1,938 per month with a rental yield of 5.87%. For anyone thinking about holding rather than selling, that's a strong return by any measure.
On the neighbourhood leaderboard, Grandin houses rank 22 out of 22 for growth in St. Albert. Dead last. That's not a reason to panic, but it is a reason to be strategic about timing and pricing if you're thinking about a move.
Condos - A Completely Different Story
Here's where things get interesting. Condos in Grandin are outperforming almost every expectation right now. The HonestDoor Price for condos has jumped 10.54% from the previous period, landing at an average of $1,475,646. The predicted market value is $1,334,900 - and it's climbing, up from a 3-month average of $1,282,853.
- Average sale price this month: $144,000
- Average list price: $147,500
- Price per square foot: $179
- Properties sold at 97.63% of list price
- Average days on market: 103 days
- Properties sold this month: 1, down 50% from last month
Yes, condos are slow to sell - 103 days on average, ranking 11 out of 13 St. Albert neighbourhoods for speed. But the growth trajectory is strong. We rank 9 out of 23 comparable neighbourhoods for growth. That puts Grandin condos solidly above average on the leaderboard. Estimated rent is $3,660 per month with a rental yield of 3.63%.
The condo Airbnb rank is 4 out of all St. Albert neighbourhoods. If short-term rental income is part of your plan, Grandin condos are one of the better spots in the city to make that work, with an estimated $195 per night.
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 broad formulas that don't know your street, your renovations, or what sold two blocks over last Tuesday. It's a starting point, not a price tag.
The HonestDoor Price is updated in real time using actual transaction data. For Grandin houses, that average sits at $392,689 - up 5.58% from the previous period. For condos, it's $1,475,646 - up 10.54%. Those aren't guesses. They're calculated from what's actually changing hands in the market right now.
If you're a homeowner in Grandin and you're making any financial decision - refinancing, selling, even just understanding your net worth - your HonestDoor Price is the number to start with, not the one on your tax notice.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Grandin and you're eyeing a summer sale, here's the real talk. You're in the most affordable price tier in St. Albert - ranked 21 out of 21 neighbourhoods by price. That's not a bad thing if you position it right. Buyers looking for value in St. Albert will find their way to Grandin. But with 43 days on market and a growth rank at the bottom of the leaderboard, you cannot afford to overprice and wait.
Price it at or just under market from day one. Buyers here are paying 99.41% of list - they're not desperate, but they're not walking away from fair deals either.
If you own a condo, the calculus is different. Values are rising, the HonestDoor Price is up over 10%, and the growth rank puts you ahead of most of the city. The catch is time - 103 days is a long haul. If you're selling this summer, list early and price with patience built in.
Either way, the first step is the same - check your HonestDoor Price at HonestDoor.com before you call an agent, set a list price, or make any assumptions based on last year's assessment. The market has moved. Your numbers should too.
grandin | st. albert | october 2026This 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.