If you've been watching the "For Sale" signs in Old Town lately, here's what's actually happening: houses are selling fast, buyers are paying over list price, and the numbers are moving in sellers' favour. This is not a slow market. This is a neighbourhood that is quietly punching above its weight in Stony Plain right now.
Let's start with the headline number. The average sale price for houses in Old Town hit $465,500 this month - that's up 8.8% from last month. Two homes sold, and they averaged just 8 days on the market before going firm. For context, that's a days-on-market rank of 3 out of 26 neighbourhoods in Stony Plain. We are near the top of the speed chart.
Here's the part that really matters for anyone thinking about listing: homes sold at 101.70% of list price. That means buyers in our neighbourhood are not negotiating down - they are bidding up. That is a textbook sellers' market signal.
The predicted market value for houses sits at $429,665, and that number is trending up from the 3-month moving average of $425,733. The direction is clear. If you own a house in Old Town, your asset is appreciating right now.
Condos in Old Town are a different story - and honestly, a fascinating one. The average HonestDoor Price for condos is $1,841,333, which is a significant step above anything in the nearby neighbourhoods we're usually compared to. The Glens, Woodlands, and Fairhaven Place all sit well below that mark on the condo side.
The predicted market value for condos is even higher at $2,068,978 - up sharply from the 3-month moving average of $1,610,267. That's a 14.75% recent change in property values, and it earns Old Town condos the top spot on the neighbourhood leaderboard: rank 1 out of 33 comparable neighbourhoods in Stony Plain for growth. Number one. That is not a small thing.
Here's the thing about your city tax assessment: it's a snapshot from the past. It gets updated on a schedule, not in real time. The market does not wait for that schedule.
The HonestDoor Price is the real-world check against that static number. It pulls in current sales data, market movement, and neighbourhood trends to give you a live estimate of what your property is actually worth today - not what it was worth when the assessor last ran the numbers. With houses in Old Town selling above list price and condos ranking first in Stony Plain for growth, there is a very real chance your HonestDoor Price has moved meaningfully since your last assessment.
For houses, the HonestDoor Price is currently $426,459. For condos, it's $1,841,333. If your tax assessment is sitting below those numbers - and in a market moving this fast, it likely is - you are making financial decisions based on outdated information. Check your HonestDoor Price before you do anything else.
If you are a homeowner in Old Town and you have been sitting on the fence about selling, the data is giving you a pretty clear nudge right now.
Buyers are active. Homes are moving in 8 days on average. People are paying over asking. The neighbourhood ranks above average in Stony Plain for both price and growth speed. Summer inventory tends to rise, which means more competition from other sellers. Getting ahead of that wave - listing before the market gets crowded - is the move that tends to pay off.
For house owners, the combination of a rising sale price, a strong sale-to-list ratio, and a 5.79% rental yield means you have options whether you sell or hold. For condo owners, sitting at rank 1 for growth in all of Stony Plain is a rare position. That kind of momentum does not always last, and locking in gains while the market is hot is a conversation worth having.
Bottom line: Old Town is not taking a breather right now. If anything, it is picking up speed. Know your HonestDoor Price, understand what the current market is actually doing, and make your move with real numbers - not last year's assessment.
old town | 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.