If you own a home in Meridian Meadows and you haven't checked your property value lately, you're probably working off a number that doesn't tell the whole story. Here's what's actually going on in our neighbourhood right now.
We've got two distinct things happening in Meridian Meadows depending on what you own, and it matters a lot for how you think about your next move.
The house market here is running hot. The average sale price hit $265,000 recently - up 19.1% from last month. That's not a typo. Homes are selling in an average of 12 days, and buyers are paying 102.06% of the asking price. That means people are going over list to win a house in our neighbourhood.
One thing worth watching: the predicted market value for houses sits at $462,017, which is slightly below the 3-month moving average of $470,743. Values have dipped 6.16% recently. So while the sales data is strong, the forward-looking number is taking a breather. On the neighbourhood leaderboard, houses in Meridian Meadows rank 37 out of 39 for growth among comparable Stony Plain neighbourhoods. That's a stat worth knowing before you assume the momentum lasts forever.
The rental yield on houses comes in at 5.71%. For anyone thinking about holding rather than selling, that's a solid return by any measure.
The condo side of Meridian Meadows tells a calmer story. Prices are up a modest 0.5% month over month, sitting at an average sale price of $221,200. Condos are moving fast - average 10 days on market - but buyers are landing deals at 98.31% of list price, which means there's a little room to negotiate.
The predicted condo value is $199,466, and it's actually trending up against the 3-month moving average of $197,684. Recent value change is a positive 1.76%. On the neighbourhood leaderboard, condos rank 20 out of 33 for growth - below average, but not at the bottom. The days-on-market rank is 3 out of 15, meaning our condos sell faster than almost everything else in Stony Plain. That's a real advantage if you're listing.
Condo rental yield sits at 4.31% - moderate, but still meaningful if you're holding as an investment. Our condo prices also beat nearby Whispering Waters ($187,000 average sold price), which tells us Meridian Meadows holds its own in the local condo pecking order.
Here's the thing about your municipal assessment: it's a snapshot from the past. The city calculates it once a year using data that can be 12 to 18 months old by the time it lands in your mailbox. A lot has changed in Meridian Meadows since then.
The HonestDoor Price is updated in real time using actual sales data, current listing activity, and live market signals. For houses here, that number is $529,557 - reflecting a 14.62% jump from the previous period. Your tax assessment almost certainly doesn't show that. For condo owners, the HonestDoor Price of $200,257 gives you a current, real-world check on what your unit is actually worth today - not what a government formula said it was worth last year.
Think of the HonestDoor Price as the number your savvy neighbour would give you over the fence. The assessment is what the city uses for tax purposes. The HonestDoor Price is what actually matters when you're making a financial decision.
If you own a house in Meridian Meadows and you're thinking about listing this summer, the timing has some real arguments in its favour. Buyers are paying over asking, homes are gone in under two weeks, and the HonestDoor Price has climbed nearly 15%. That's a strong hand to play.
The one thing to keep an eye on: the predicted value is dipping slightly below the recent 3-month average, and the growth rank of 37 out of 39 tells us we're not leading the pack in Stony Plain right now. If you're going to sell, sooner rather than later is the smarter call while buyer demand is still outpacing supply.
If you own a condo, the picture is steadier. Prices are inching up, condos are selling fast, and you're priced above some nearby competition. It's not a frenzy, but it's a functional market. A summer listing is reasonable - just price it right and don't expect a bidding war.
Either way, the first step is the same: pull your HonestDoor Price and compare it to what you think your place is worth. You might be sitting on more than you realize - or you might catch a shift before it costs you. That's the kind of heads-up a good neighbour gives you.
meridian meadows | stony plain | july 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.