Mission Park, St. Albert - October 2026 Real Estate Report
Mission Park, St. Albert: Houses Are Flying Off the Market - But Condos Are a Different Story
The Vibe Right Now
If you live in Mission Park and you've been watching the "For Sale" signs, here's what's actually happening. The house market is on fire. Condos? They're taking a breather. These two property types are moving in completely opposite directions right now, and knowing which side of that fence you're on matters a lot for your wallet.
Houses - The Hot Side of the Street
We are sitting in one of the fastest-moving house markets in St. Albert right now. Homes are selling in an average of 7 days - faster than Downtown St. Albert at 9 days. That's not a slow market. That's a sprint.
- Average sale price: $508,000 - up 10.4% from last month
- Average list price: $450,000
- Sale-to-list ratio: 101.11% - buyers are paying above asking
- Properties sold this period: 3 - up 50% from last month
- Price per square foot: $351
- Days on market rank: 3rd fastest out of 19 neighbourhoods in St. Albert
That 101.11% sale-to-list ratio is the number to pay attention to. It means if your house is listed at $450,000, it's realistically selling closer to $455,000. Buyers are competing, and they're blinking first. For sellers, that's exactly the environment you want.
On the neighbourhood leaderboard, Mission Park houses rank 6th out of 22 for growth in St. Albert - above average. And for affordability, we rank 19th out of 21, meaning we're one of the more accessible entry points into the city. That combo - affordable and fast-selling - is what keeps demand strong here.
Condos - Time to Pay Attention
The condo picture is more complicated. The HonestDoor Price for condos here is $651,800 - up 10.01% from the previous period, which sounds great. But the predicted market value has slipped to $592,500, down from a 3-month moving average of $641,800. Values have moved -7.49% recently. That gap between the HonestDoor Price and the current trend is something condo owners need to watch closely.
- Average HonestDoor Price: $651,800 (up 10.01% from previous period)
- Predicted market value: $592,500
- 3-month moving average: $641,800
- Recent value change: -7.49%
- Rental estimate: $3,140 per month
- Rental yield: 3.66%
- Airbnb estimate: $155 per night - ranked 6th in St. Albert for Airbnb potential
- Growth rank: 23rd out of 23 neighbourhoods in St. Albert
That growth rank - last out of 23 - is a real signal. It doesn't mean condos here are worthless. It means the momentum isn't there right now. The silver lining? That Airbnb rank of 6th in St. Albert is genuinely strong. If you own a condo here and aren't thinking about short-term rental income, that's a conversation worth having.
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 the past. It's calculated on data that can be 12 to 18 months old by the time it lands in your mailbox. The market doesn't wait for paperwork.
The HonestDoor Price updates in real time using actual transaction data, current listing activity, and neighbourhood trends. For houses in Mission Park, the HonestDoor Price is sitting at $476,160. For condos, it's $651,800. Those numbers reflect what's happening on the ground today - not what was happening last year when your assessment was being calculated.
If you're a house owner here and your tax assessment is lagging behind the current sale prices of $508,000, you could be making decisions - about selling, refinancing, or even home insurance - based on a number that undersells your actual position. Check your HonestDoor Price. It's the real-world check your assessment can't give you.
The So What - Should You Sell This Summer?
If you own a house in Mission Park, the case for selling this summer is strong. Buyers are paying over asking. Homes are gone in a week. You're in a seller's market with above-average growth momentum for St. Albert. The window is open right now.
If you own a condo, the calculus is different. Values are trending down in the short term and the growth rank is at the bottom of the city leaderboard. That doesn't mean you can't sell - but it means pricing it right is everything. Overpricing a condo in this environment is the fastest way to sit on the market and watch your leverage disappear.
Either way, the first step is the same: know your actual number. Pull your HonestDoor Price for your specific property, compare it to what's selling on your street right now, and make the call from there. That's how neighbours here make smart moves - not by guessing, and not by trusting a year-old assessment.
mission park | 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.