Meridian Pines Condos, Stony Plain - October 2026 Real Estate Report
Meridian Pines Condos, Stony Plain: Prices Are Sliding - Here Is What Every Owner Needs to Know Right Now
The Vibe: What Is Actually Happening in Our Corner of Stony Plain
If you own a condo in Meridian Pines Condos, you have probably noticed things feel a little quieter. That gut feeling is backed up by the numbers. The average sale price for condos here sits at $90,000, down 2.2% from last month, and homes are sitting on the market for an average of 88 days before finding a buyer. For context, condos in nearby Whispering Waters are selling in 58 days. That gap matters.
Only 1 condo sold recently, and that buyer paid just 90.45% of the asking price. In plain terms - sellers are having to negotiate down to close deals. We are not in a panic, but we are definitely in a market that is taking a breather.
- Average sale price: $90,000 (down 2.2% from last month)
- Average list price: $99,500
- Price per square foot: $106
- Average days on market: 88 days
- Sale-to-list price ratio: 90.45% - buyers are winning negotiations
- Properties sold recently: 1
- Total 2026 transactions in the neighbourhood: 5
On the neighbourhood leaderboard, Meridian Pines Condos ranks 18 out of 18 for price in Stony Plain - meaning we are the most affordable option around. Growth ranks 17 out of 32, which puts us in below-average territory compared to other Stony Plain neighbourhoods. Days-on-market rank is 12 out of 15, confirming that our properties are among the slower sellers in town.
The neighbours are not struggling the same way. Whispering Waters condos average $226,513. Meridian Meadows sits at $202,927. Elmwood Court comes in at $234,155. We are priced well below all three - which cuts both ways. It is a lower entry point for buyers, but it also means less equity for current owners.
The Secret Sauce: Your HonestDoor Price Is the Number That Actually Matters
Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that prices in Meridian Pines Condos just dipped. It does not know buyers are negotiating sellers down by nearly 10%. It is basically a photo of a market that no longer exists.
The HonestDoor Price updates in real time. Right now, the average HonestDoor Price for a condo here is $102,197 - and that number has already moved down 6.60% from the previous period. That is the real-world check. The predicted market value for condos sits at $109,420, which is also slipping - it is down from the 3-month moving average of $110,139.
If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage still makes sense - use the HonestDoor Price. Your old assessment is not doing you any favours right now.
- Average HonestDoor Price: $102,197 (down 6.60% from previous period)
- Predicted market value: $109,420
- 3-month moving average: $110,139 - values are trending down
- Recent value change: -0.67%
- Growth rank: 17 out of 32 neighbourhoods in Stony Plain
The So What - Should You Sell in Meridian Pines Condos This Summer?
Straight talk: this is not the easiest market to sell into right now. Prices are down, buyers are negotiating hard, and your condo will likely sit for close to three months before the right offer comes in. If you do not need to sell, waiting for conditions to shift is a reasonable call.
That said, if you do list, pricing sharp from day one is everything. Homes here are already selling at 90.45% of list price - meaning if you price too high hoping to negotiate down, you are just adding days on market and signalling desperation. Come in tight and realistic.
On the rental side, the numbers are modest but steady. Estimated rent is $601 per month, with a rental yield of 4.34%. The average rental estimate from HonestDoor sits at $562. Airbnb potential is minimal at around $30 per month - Meridian Pines Condos ranks 33rd in Stony Plain for Airbnb income. If you are thinking of holding and renting instead of selling, the yield is there, but do not count on short-term rental income to move the needle.
- Estimated monthly rent: $601
- Rental yield: 4.34%
- HonestDoor rental estimate: $562 per month
- Airbnb monthly estimate: $30
- Airbnb rank in Stony Plain: 33rd
Bottom line - check your HonestDoor Price today, not next assessment cycle. The market is moving faster than the paperwork, and knowing your real number is the first step to making a smart call, whether you sell, hold, or rent.
meridian pines condos | 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.