South Creek, Stony Plain - August 2026 Real Estate Report

South Creek, Stony Plain: Your Neighbour Just Got More Than List Price. Here's the Full Story.

The Vibe Right Now

If you've been watching the "For Sale" signs in South Creek, here's what's actually happening. The one house that sold recently went for $367,000 - and the buyer paid above asking. Specifically, 100.58% of list price. That means the seller walked away with more than they listed for. In a market where a lot of Alberta neighbourhoods are seeing buyers push back, that's worth paying attention to.

Listings are sitting at an average of $364,900 right now, and price per square foot is running around $251. The catch? Homes are taking about 51 days to sell. That's longer than nearby Graybriar, where properties are moving in 41 days. So yes, buyers are paying above list - but they're taking their time getting there. Think of it as a stable sellers' market that's catching its breath, not collapsing.

• Average sale price (Houses): $367,000
• Average list price this month: $364,900
• Price per square foot: $251
• Sale-to-list ratio: 100.58% - buyers paid over asking
• Average days on market: 51 days
• Rental yield: 5.69% - strong returns for investors
• Average rental estimate: $2,406 per month

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

Here's the thing most South Creek homeowners don't realize. Your city assessment is a snapshot frozen in time - usually based on data that's already 12 to 18 months old by the time it lands in your mailbox. The market doesn't wait for paperwork.

The HonestDoor Price for South Creek sits at $480,744 right now, up 4.58% from the previous period. Compare that to the predicted market value for houses specifically at $459,676. These are live, real-world numbers - not a government estimate that was calculated before your neighbour's renovation or before that new development broke ground nearby.

That gap between what the assessment says and what the HonestDoor Price reflects? That's money sitting on the table that a lot of homeowners don't even know they have. If your tax assessment is lower than $480,744, you might be underpricing yourself if you ever decide to sell - or leaving equity on the table when refinancing.

• Average HonestDoor Price: $480,744 (up 4.58%)
• Predicted market value (Houses): $459,676
• 3-month moving average: $463,402 - values are slightly softening short-term
• South Creek predicted value beats nearby Fairways houses at $404,000

The Neighbourhood Leaderboard

We rank 16 out of 39 neighbourhoods in Stony Plain for growth. That puts us in the above-average tier - not leading the pack, but solidly ahead of more than half the competition. For context, here's how our closest neighbours stack up on HonestDoor Price:

• Creekside Point: $549,324 average HD Price - the priciest of the group
• Fairways: $510,734 average HD Price - slightly above us
• South Creek: $480,744 average HD Price
• Graybriar: $480,412 average HD Price - nearly identical to us

We're sitting right in the middle of the pack on price - rank 18 out of 31 in Stony Plain. That's not a bad thing. It means South Creek is accessible without being the cheapest option on the block, and there's room to grow toward what Fairways and Creekside Point are already doing.

The So What - Should You Sell This Summer?

If you're thinking about listing this summer, here's the honest take. The one sale we saw went above asking, which is a good sign. But 51 days on market means you need to price it right from day one - not high with the hope of negotiating down. Buyers here are patient. They'll wait you out.

The sweet spot is this: list sharp, present well, and you've got a real shot at replicating that 100.58% sale-to-list result. With the HonestDoor Price up 4.58% and rental yields running at 5.69%, South Creek is also catching the eye of investors - which gives you more than one type of buyer to attract.

Check your HonestDoor Price before you call an agent. It takes 30 seconds and gives you a live number - not last year's assessment - to anchor your conversation. That's the difference between leaving money on the table and walking away knowing exactly what your home is worth today.

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.