South Business Park, Stony Plain - June 2026 Real Estate Report

South Business Park, Stony Plain: Here's What Your Neighbour Probably Doesn't Know Yet

If you own property in South Business Park and you're still going off your last city assessment, you're working with old information. The market here is telling two very different stories right now - one for houses, one for condos - and both are worth paying attention to.

The Vibe: Houses vs. Condos

Houses - Steady, Affordable, and Quietly Useful

Let's be straight with you. Houses in South Business Park are not setting any speed records on the leaderboard. On the neighbourhood growth rankings, we sit at 30 out of 38 in Stony Plain. That's below average, and there's no point dressing it up. Values have nudged down 0.15% recently, and the average HonestDoor Price sits at $167,789 - down 1.46% from the previous period.

But here's the flip side. We are the most affordable game in town. Price rank? 31 out of 31. That means if someone is looking to get into Stony Plain without stretching their budget, South Business Park houses are the entry point. The average sale price came in at $139,900, properties are selling at 100% of list price, and homes are moving in about 17 days. That's not a slow market - that's a stable one.

• Average HonestDoor Price: $167,789 (down 1.46%)
• Average sale price: $139,900
• Price per square foot: $156
• Average days on market: 17
• Sale-to-list ratio: 100%
• Estimated monthly rent: $914
• Rental yield: 6.11% - that's a strong return
• Growth rank: 30 out of 38 in Stony Plain

That 6.11% rental yield is the number worth circling. If you're holding a house here as an investment, the income story is actually solid even if the appreciation story is quiet right now.

Condos - The Surprise in the Room

Nobody talks about condos in South Business Park, and that might be exactly why the numbers look the way they do. The HonestDoor Price for condos has jumped 7.04% to $1,504,077. The predicted market value sits at $1,405,167 - up sharply from a 3-month moving average of $1,160,810. And the growth rank? Number 1 out of 33 comparable neighbourhoods in Stony Plain.

We are at the top of the leaderboard for condo growth. Full stop.

Condos are also selling fast - averaging just 6 days on market, which beats nearby Sunrise Village at 9 days. Buyers are paying 98.61% of list price, which means there's a touch of negotiating room, but not much. Two properties sold last month, and listings are averaging $143,900.

• Average HonestDoor Price: $1,504,077 (up 7.04%)
• Average sale price: $141,900
• Price per square foot: $172
• Average days on market: 6
• Sale-to-list ratio: 98.61%
• Estimated monthly rent: $3,225
• Airbnb estimate: $160 per night (Airbnb rank: 5 in Stony Plain)
• Growth rank: 1 out of 33 in Stony Plain - top of the board

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

Your city assessment is a snapshot taken months ago, sometimes longer. It doesn't know what sold last week. It doesn't factor in that condo values here just moved up 7% or that house rental yields are running at 6.11%. It's a rear-view mirror number.

The HonestDoor Price is updated in real time using actual sales data, current listings, and live market signals. For houses, it's sitting at $167,789 - noticeably higher than the $139,900 average sale price, which tells you the market is pricing in future potential even while current sales stay modest. For condos, the HonestDoor Price of $1,504,077 reflects the sharp upward momentum that a static assessment simply won't capture yet.

If you're making any financial decision - refinancing, selling, even just understanding what you actually own - the HonestDoor Price is the real-world check. The assessment is just the government's best guess from a while back.

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

Here's the honest read depending on what you own.

If you own a house in South Business Park, the market is stable but not on fire. You'll likely sell close to list price and move the property within a few weeks - 17 days on average is respectable. The challenge is that we rank at the bottom for price compared to the rest of Stony Plain. Buyers know they can get in cheap here. That's not a bad thing if you're pricing right, but don't expect a bidding war. Price it sharp, lean on the 6.11% rental yield story to attract investors, and you've got a real selling angle.

If you own a condo, this summer could be interesting. Growth ranked first in Stony Plain, values climbing, and properties moving in under a week - that's a combination that favours sellers. The market is still technically a buyers' market based on the sale-to-list ratio, so you won't get away with overpricing. But if you come in at the right number, you're in a fast-moving segment with real momentum behind it.

Either way, check your HonestDoor Price before you call an agent. Know your number before anyone else does.

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.