HonestDoor

    Sandstone Estates, Stony Plain - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Stony Plain, Sandstone Estates

    Sandstone Estates, Stony Plain: Here Is What Your Home Is Actually Worth Right Now

    If you live in Sandstone Estates and you have not checked your HonestDoor Price lately, this is your nudge. The market here is steady but sending some mixed signals - and the gap between what the city thinks your home is worth and what a buyer would actually pay is wider than you might expect.

    The Vibe: Houses vs. Condos

    Houses - Steady, But Watch the Trend

    We are sitting in a balanced market right now. Houses in Sandstone Estates are selling right at asking price - a 100% sale-to-list ratio - and the average sale price is holding at $315,000. That is actually a tick above what homes are fetching in nearby Stonegate Place ($305,000), which is a good sign for us.

    The speed story is interesting too. Homes here are moving in an average of 10 days. That is fast. Our days-on-market rank is 5 out of 26 neighbourhoods tracked in Stony Plain - meaning we are one of the quickest-selling spots in the area. South Business Park clocks in at 6 days, so they edge us out, but we are still in very fast territory.

    • Average HonestDoor Price: $311,179 (up 1.12%)
    • Average sale price: $315,000
    • Price per square foot: $275
    • Days on market: 10
    • Sale-to-list ratio: 100%
    • Rental estimate: $1,669 per month
    • Rental yield: 5.99% - that is a strong return
    • Airbnb estimate: $83 per night

    Here is the part worth paying attention to. The predicted market value for houses right now is $307,721, and that number is drifting down from the 3-month moving average of $311,223. Property values have shifted -3.41% recently. The market is not falling off a cliff, but it is taking a breather. Our growth rate ranks 30 out of 39 neighbourhoods in Stony Plain - that puts us in below-average territory on the leaderboard. Something to keep an eye on heading into summer.

    Condos - A Different Animal Entirely

    Condos in Sandstone Estates are a completely different conversation. We are talking about an average HonestDoor Price of $1,729,700 - up 3.03% from the previous period. These are not your typical starter condos. Rental estimates come in at $6,120 per month, and the Airbnb potential sits at $305 per night, earning us the number 2 Airbnb rank in all of Stony Plain. That is a real standout stat.

    • Average HonestDoor Price: $1,729,700 (up 3.03%)
    • Predicted market value: $1,678,800
    • 3-month moving average: $1,782,167
    • Rental estimate: $5,990 per month
    • Rental yield: 2.03%
    • Airbnb estimate: $305 per night
    • Airbnb rank in Stony Plain: 2nd
    • Recent value change: +2.18%

    The predicted condo value of $1,678,800 is still above nearby South Business Park ($1,504,077), which tells us we hold a premium position in the area. Growth rate ranks 19 out of 33 on the neighbourhood leaderboard - below average, but the short-term appreciation and Airbnb income potential keep condos here genuinely interesting for investors.

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

    Here is the honest truth about municipal assessments. They are snapshots from the past. The city looks at sale data from months - sometimes over a year - ago, runs it through a formula, and mails you a number. That number drives your property tax bill, but it has almost nothing to do with what a buyer would hand you a cheque for today.

    The HonestDoor Price is updated in real time. It pulls from current sales, current listing activity, and current market movement. Right now, for houses in Sandstone Estates, the HonestDoor Price is $311,179 - and the predicted value is $307,721. That gap between those two numbers, and the gap between both of them and whatever your last assessment said, is exactly the kind of information you need before making any decision about your home.

    If your assessment is sitting higher than $307,721, you may be overpaying on taxes relative to where the market actually is. If it is sitting lower, you have equity you might not even know about. Either way, you deserve the real number - not a government estimate that is already six months stale.

    The So What - Should You Sell This Summer?

    If you are a house owner thinking about listing this summer, here is the straight answer. The conditions are not bad, but the window may be tightening. Homes are selling fast - 10 days on average - and you are still getting full asking price. That is a seller-friendly setup. But the predicted value is trending below the 3-month average, and our growth rank of 30 out of 39 tells us we are not leading the pack right now.

    Selling this summer means listing while buyers are still active and days-on-market are low. Waiting could mean selling into a softer trend. If your plan is to move in the next 6 to 12 months, sooner likely beats later in this specific neighbourhood.

    For condo owners, the story is a bit more patient. Values are up 3.03% and the Airbnb income potential here is among the best in Stony Plain. If you do not need to sell, holding and renting - either long-term at $5,990 per month or short-term at $305 per night - is a legitimate strategy worth running the numbers on.

    Either way, start with your HonestDoor Price. It is the real-world check that tells you where you actually stand - before you call an agent, before you set a price, and before you make a move.

    sandstone estates | stony plain | july 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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