Mountview, Grande Prairie - August 2026 Real Estate Report

Mountview, Grande Prairie: Your Neighbour Just Got a Better Price Than You Think

If you own a home in Mountview and you're still going off your city assessment, you're probably leaving money on the table - or stressing over a number that doesn't reflect what's actually happening on your street right now. Here's the real picture.

The Vibe: What's Happening With Houses and Condos in Mountview

Houses - We're Holding Strong

The house market in Mountview is showing some real muscle. The average sale price hit $422,000 this period - up 8.3% from last month. Listings are sitting at $424,900, and homes are selling at 99.32% of list price. That means buyers are paying almost exactly what sellers are asking. That's not a soft market. That's a tight one.

• Average sale price: $422,000 (up 8.3% from last month)
• Average list price: $424,900
• Price per square foot: $395
• Average days on market: 19 days
• Sale-to-list ratio: 99.32%
• Properties sold: 1 (down 50% from last month - low volume, so take the swings with a grain of salt)

One thing worth flagging - only one house sold this period. When volume is that low, a single sale can move the average dramatically. Don't read too much into the month-over-month jump. What matters more is the trend line, and the predicted market value of $372,652 is creeping up past the 3-month moving average of $367,995. That's a quiet, steady climb.

On the neighbourhood leaderboard, Mountview houses rank 10 out of 56 neighbourhoods in Grande Prairie for growth. Top 20% in the city. That's a real stat worth knowing.

Condos - Taking a Breather, But Not Falling Apart

The condo side is a different story. The average sale price is sitting at $135,000, essentially flat. Homes are selling at 96.50% of list price, and the average days on market is 38 days - noticeably slower than houses. The condo market here is stable, but it's not setting any speed records right now.

• Average sale price: $135,000
• Average list price: $139,900
• Price per square foot: $140
• Average days on market: 38 days
• Sale-to-list ratio: 96.50%
• Properties sold: 1

That said, the predicted market value for condos is $275,841 - well above the recent sale price - and it's climbing past the 3-month moving average of $260,714. The HonestDoor Price for condos averages $260,200. There's a gap between what's selling and what the data says these units are worth. That gap matters if you're a condo owner thinking about your next move.

Condo growth ranks 6 out of 47 neighbourhoods in Grande Prairie. That's top 15% in the city. The market may be slow to move, but the value is quietly building.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here's the thing about city assessments - they're a snapshot from months ago, sometimes longer. They don't know that house prices in Mountview are trending up, or that the predicted value on your home is nudging past recent moving averages. They're looking in the rearview mirror.

The HonestDoor Price is updated in real time using actual market data. For houses in Mountview, that average sits at $365,805. For condos, it's $260,200. These numbers move with the market - not with the city's assessment cycle.

If you're a homeowner and you haven't checked your HonestDoor Price lately, now is a good time. The predicted value for houses ($372,652) is already above the HonestDoor average, which tells us the model sees upward pressure building. Your city assessment almost certainly doesn't reflect that yet.

And if you're thinking about renting? Houses in Mountview are estimated at $1,922 per month in rental income, with a rental yield of 5.87%. That's a solid return. Condos come in at $1,390 per month with a 4.19% yield - moderate, but still positive cash flow territory for the right buyer.

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

If you own a house in Mountview and you've been on the fence about selling, the timing isn't bad. Homes are moving in 19 days on average, buyers are paying close to full ask, and Mountview sits in the top 20% of Grande Prairie neighbourhoods for growth. You're not in a hot frenzy market, but you're not in a slow crawl either. It's a reasonable window.

For condo owners, patience is the word. The market is slower - 38 days on average, and buyers are negotiating a bit more off the list price. That doesn't mean don't sell. It means price it right from day one and don't expect a bidding war. The growth rank (top 15% in the city) suggests the value is there - it just takes a little longer to find the right buyer.

• Houses - growth rank: 10 out of 56 in Grande Prairie (top 20%)
• Condos - growth rank: 6 out of 47 in Grande Prairie (top 15%)
• House rental yield: 5.87% - strong by any measure
• Condo rental yield: 4.19% - moderate but workable
• Nearby comparison: Mountview houses are priced above Hillside ($350,000 avg sale) and below Vla Montrose ($494,204 HD Price) - solidly mid-range in the area

Bottom line - Mountview is not a neighbourhood you sleep on. Check your HonestDoor Price, know what your home is actually worth today, and make decisions based on real numbers - not last year's assessment letter.

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.