If you've been watching the "For Sale" signs in Graybriar, here's what's actually happening. The market is splitting into two very different stories depending on whether you own a house or a condo. Let's break it down.
Houses in Graybriar are sitting at an average sale price of $545,000, with listings coming in around $559,900. The price per square foot is $298. That's not bad. But here's the honest part - buyers are paying about 97.34% of list price, which means they're negotiating. If you're pricing your house like it's a hot market, you'll feel that gap.
Forty-seven days on market is the number to pay attention to. That's not a fast market. We're in stable buyers' market territory here. Homes are moving, but buyers have options and they know it. The predicted market value sits at $470,897, which is drifting slightly below the 3-month moving average of $478,289. Values have dipped 1.95% recently. The market is taking a breather.
The good news? If you're thinking about renting instead of selling, a 5.68% rental yield is genuinely strong. At $2,393 a month in estimated rent, a Graybriar house pulls real income.
Condos in Graybriar tell a different story. They're selling fast - we're talking an average of 1 day on market, which ranks 1st out of 15 neighbourhoods in Stony Plain for speed. But the price is sliding. The average sale price dropped to $165,000, down 10.8% from last month. Buyers are actually paying 100.06% of list price, so demand is real - but the list prices themselves are coming down.
That growth rank of 28 out of 32 is the number condo owners need to sit with. On the neighbourhood leaderboard, Graybriar condos are near the bottom for value growth right now. Values have slid 2.36% recently, and the predicted value of $192,948 is below the 3-month moving average of $195,635. This is a cooling sellers' market. The speed of sales is a silver lining, but the direction of prices is not.
Here's something most Graybriar homeowners don't think about until it's too late. Your city assessment is a snapshot from months ago - sometimes longer. It doesn't know what sold on your street last week. It doesn't adjust for where the market is heading right now.
The HonestDoor Price is updated in real time using actual transaction data. For houses in Graybriar, that number is $479,312. For condos, it's $191,427. These aren't guesses - they're calculated from what buyers are actually paying in today's market. If you're making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the real-world check you need. Your tax assessment is a rear-view mirror. The HonestDoor Price is the windshield.
If you own a house in Graybriar and you're thinking about listing this summer, here's the straight talk. You're in one of the pricier neighbourhoods in Stony Plain - top 5 out of 31 on the price leaderboard. That's a real advantage. But 47 days on market and buyers negotiating below list price means you need to price it right from day one. Overpricing will cost you time, and time costs you money.
Nearby, Fairways is averaging $504,349 - slightly ahead of Graybriar houses. Jutland Ridge sits at $321,608. Knowing where you land on that spectrum helps you set expectations before you call an agent.
If you own a condo and want to sell this summer, the speed is on your side - condos are moving in a single day. But price it to the current market, not last year's number. With values down 10.8% month-over-month and a growth rank near the bottom of the Stony Plain leaderboard, this is not the moment to test the ceiling. Price it sharp, get it sold fast, and move on.
Either way, check your HonestDoor Price before you do anything else. It takes 30 seconds and it's the most current number you'll find anywhere.
graybriar | stony plain | 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.