Graybriar, Stony Plain - August 2026 Real Estate Report

Graybriar, Stony Plain: Your Neighbour Just Asked "Should I Sell?" - Here's the Real Answer

The Vibe Right Now

If you've been watching the "For Sale" signs in Graybriar, here's what's actually happening. The market is a bit of a mixed bag depending on what you own - and that matters a lot if you're thinking about making a move this summer.

Houses: Prices Are Up, But Don't Get Too Excited

The average house sale price hit $545,000 last month - that's a 21.1% jump from the month before. Sounds huge. But here's the reality check: only 1 house sold, so that single sale is doing a lot of heavy lifting on that number. Take it with a grain of salt.

What we can say with more confidence is that buyers are paying 97.34% of list price on average. That means sellers are leaving a small gap - about $14,900 on a $559,900 listing. Houses are also sitting on the market for 47 days on average, which is on the slower side. On the neighbourhood leaderboard, our days-on-market ranks 17th out of 23 neighbourhoods in Stony Plain. That's not a badge of honour.

• Average sale price (houses): $545,000
• Average list price: $559,900
• Price per square foot: $298
• Sale-to-list ratio: 97.34%
• Average days on market: 47
• Growth rank: 23 out of 39 neighbourhoods in Stony Plain
• Price rank: 7 out of 31 - we're above average in price

The bright spot? On price, Graybriar houses rank 7th out of 31 comparable neighbourhoods. We're not cheap, and that's a good thing if you own here.

Condos: Steady, Affordable, and Moving

Condos in Graybriar are a different story. The average sale price came in at $185,000 - up 15.7% from last month - and the one unit that sold went for exactly list price. No discount. That's a balanced, healthy signal for condo owners.

Condos are also moving a bit faster than houses, averaging 41 days on market. And with 13 condo transactions recorded in 2026 so far, this is actually the most active property type in all of Stony Plain by transaction volume - ranking 1st out of all neighbourhoods. That's real demand.

• Average sale price (condos): $185,000
• Price per square foot: $228
• Sale-to-list ratio: 100%
• Average days on market: 41
• Transaction rank in Stony Plain: 1st - most active condo market in town
• Growth rank: 23 out of 33 neighbourhoods
• Price rank: 12 out of 18 - below average in price

The trade-off with condos is that the HonestDoor Price of $197,602 is actually higher than the recent average sale price of $185,000. That gap is worth paying attention to.

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, sometimes longer. It doesn't know what sold on your street last week. It doesn't adjust for the fact that Graybriar house values have shifted by -0.87% recently, or that the 3-month moving average for houses is sitting at $490,409 while the predicted market value is $483,811.

The HonestDoor Price is updated in real time. For houses, that's $480,412 right now. For condos, it's $197,602 - and that one is actually trending up 0.63% from the previous period. Your tax assessment won't tell you that. Your neighbour's guess won't either.

If you're a house owner, the HonestDoor Price is your real-world check against what the city thinks your home is worth. If there's a gap - and there often is - that's the conversation to have before you price a listing or dispute an assessment.

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

For house sellers: you're in a decent position on price - top quarter of Stony Plain neighbourhoods - but the market is taking a breather. Homes are sitting for 47 days and buyers are negotiating small discounts. If you want to sell fast, price sharp from day one. Don't chase the top number and sit.

For condo sellers: the demand is there. Ranking 1st in transaction volume across Stony Plain means buyers are actively looking in this category. A condo priced right in Graybriar has a real shot at a clean, full-price sale.

For both: the rental numbers are worth knowing even if you're not a landlord. Houses are pulling an estimated $2,397 per month in rent with a 5.66% rental yield. That's a strong return, and it signals that investors are watching this neighbourhood. Investor interest keeps a floor under prices.

Bottom line - Graybriar isn't the hottest neighbourhood on the Stony Plain leaderboard right now, but it's holding its own on price and showing real condo activity. Check your HonestDoor Price, know your number, and make a move based on facts - not what someone told you at a backyard barbecue.

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.