Old Town, Stony Plain - September 2026 Real Estate Report

Old Town, Stony Plain: Your Neighbours Are Selling Fast - Here Is What You Need to Know

If you have been watching the "For Sale" signs in Old Town lately, here is what is actually happening. This neighbourhood is quietly punching above its weight in Stony Plain, and the numbers back it up. Whether you own a house or a condo here, the market is telling a story worth reading before summer hits.

The Vibe: Houses vs. Condos

Let us start with houses, because that is where things get interesting for most of us on the street.

• Average sale price: $465,500
• Average listing price this month: $457,241
• Price per square foot: $353
• Homes are selling at 101.70% of list price - buyers are paying over asking
• Average days on market: 8 days
• Only 2 sales this month, but demand is clearly outpacing supply
• Predicted market value: $446,226 - up from the 3-month average of $434,117
• Rental yield: 5.77% - that is a strong return if you are thinking about holding
• Recent value change: 4.64%

Eight days on market. That is not a slow burn - that is a sprint. When homes are selling above list price in under two weeks, we are in sellers' territory. The predicted value is also climbing past its 3-month average, which tells us the momentum is real, not a fluke.

On the neighbourhood leaderboard, Old Town houses rank 4 out of 36 neighbourhoods in Stony Plain for growth rate. Days-on-market rank is 2 out of 24 - meaning almost nowhere in Stony Plain moves faster. Price rank sits at 12 out of 31, which puts us solidly above average. That is a strong hand to hold.

Now, condos. The numbers here look different, and we should be honest about that.

• Average HonestDoor Price: $1,934,511 - up 1.49% from the previous period
• Predicted market value: $1,906,156
• 3-month moving average: $1,938,822 - the predicted value is currently sitting below that
• Estimated rent: $4,610 per month
• Rental yield: 3.20% - moderate, not spectacular
• Airbnb potential: $229 per night, ranked 4th in all of Stony Plain for Airbnb
• Recent value change: 3.52%

Condo values here are taking a small breather - the predicted value has dipped below the 3-month moving average. That said, a 3.52% recent change and a top-4 Airbnb ranking in Stony Plain means this is not a market in trouble. It is a market catching its breath. For condo owners, the short-term rental angle is genuinely worth exploring given that Airbnb rank.

On the condo leaderboard, Old Town ranks 4 out of 32 neighbourhoods in Stony Plain for growth. That is top-tier company.

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

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that houses in Old Town are selling at 101.70% of list price right now. It does not know that values have moved 4.64% recently. It is essentially a photo of a market that has already moved on.

The HonestDoor Price is updated in real time. For houses, it is sitting at $440,573. For condos, it is $1,934,511 - already up 1.49% from the previous period. These numbers reflect what is actually happening on the ground today, not what was happening when a government assessor last ran the numbers.

If you are making any decision - selling, refinancing, even just figuring out if your insurance coverage makes sense - your HonestDoor Price is the real-world check. Your tax assessment is the old map. You would not use an old map to navigate a road that has already changed.

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

If you own a house in Old Town and you have been sitting on the fence about selling, the case for moving this summer is pretty clear.

• Buyers are paying over asking - that 101.70% sale-to-list ratio is your leverage
• Homes are gone in 8 days on average - you are not looking at a long, stressful listing period
• Old Town ranks near the top of Stony Plain for both growth and speed of sale
• The predicted value is trending up from its 3-month average - the window is open right now

For condo owners, the picture is a bit more nuanced. Values are solid and growth ranks well across Stony Plain, but the predicted value is currently running slightly below the 3-month average. If you are not in a rush, watching the next 60 to 90 days makes sense. If you do need to move, the Airbnb income potential and strong rental yield of nearby comparable properties suggest buyers will still see value here.

Bottom line - Old Town is not a neighbourhood that is sitting still. Check your HonestDoor Price today, compare it to what your assessment says, and you will quickly see which one is actually telling you the truth about what your home is worth right now.

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.