Southridge, Stony Plain - July 2026 Real Estate Report

Southridge, Stony Plain: Homes Are Selling Above Ask - Here Is What That Means for You

The Vibe Right Now

If you have been watching the "For Sale" signs in Southridge lately, here is what is actually happening. The market is holding steady, and sellers are quietly winning. The one house that sold this year went for 100.48% of list price - meaning the buyer paid above what the seller asked. That is not a fluke. That is a signal.

We are sitting at an average sale price of $417,000, with current listings averaging $415,000. Price per square foot is running around $428. The HonestDoor Price for homes in our neighbourhood is $415,884 - down a slim 0.45% from the previous period, which is basically a rounding error, not a red flag. The predicted market value sits at $417,763, which is nudging up against the 3-month moving average of $416,993. Things are not flying, but they are not falling either.

• Average HonestDoor Price: $415,884
• Average sale price: $417,000
• Current average listing price: $415,000
• Price per square foot: $428
• Sale-to-list ratio: 100.48% - buyers are paying over ask
• Average days on market: 13

How We Stack Up Against the Neighbours

Context matters. Southridge is not the priciest street on the block, but we are far from the bottom. Here is a quick look at what is happening around us.

• Woodlands: HonestDoor Price $462,993 - about $47,000 more than Southridge
• Meridian Meadows: HonestDoor Price $529,557 - the priciest of the nearby options
• Brown St Condos: HonestDoor Price $111,900 - a completely different product at a completely different price point

Meridian Meadows is also selling faster - homes there are moving in 10 days versus our 13. That gap is worth watching. It is not a crisis, but it does suggest buyers have a slight preference for that pocket right now.

The Neighbourhood Leaderboard

Here is where Southridge actually stands in Stony Plain when you line us up against everyone else.

• Growth rank: 12 out of 39 neighbourhoods - that puts us in the above-average tier for value growth
• Days-on-market rank: 8 out of 26 - we are in the faster-selling half of the city
• Price rank: 17 out of 31 - we sit in the below-average range for price, which means there is room to grow
• Total transaction rank in Stony Plain: 7 - solid activity relative to other neighbourhoods

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

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that buyers in Southridge are currently paying above list price. It does not know that our growth rank sits at 12 out of 39 neighbourhoods across Stony Plain. It is a rear-view mirror number.

Your HonestDoor Price is updated in real time. It pulls in actual transaction data, current listing activity, and market movement to give you a live read on what your home is worth today - not what it was worth when a city assessor last ran the numbers. Right now, that difference could be meaningful. With a predicted market value of $417,763 trending above the 3-month average, the HonestDoor Price is the number you want in your back pocket before you make any decision about your property.

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

Short answer: the conditions are in your favour, but the window is not unlimited.

Buyers in Southridge are paying over asking price. Homes are moving in under two weeks. The rental yield on houses here is 5.79%, which means investors are paying attention too - and investor interest keeps demand healthy. If you have been sitting on the fence about listing, this is not a bad time to get off it.

A few things to keep in mind before you plant that sign in the lawn.

• Pricing it right matters - listings are averaging $415,000, and buyers are paying $417,000. That spread is tight. Overprice it and you lose the momentum.
• Meridian Meadows is your competition - if buyers are cross-shopping and those homes are selling 3 days faster, your presentation and pricing need to be sharp.
• The recent value change of -1.14% is a small dip, not a trend - but it is worth monitoring heading into fall.
• Check your HonestDoor Price before you call an agent - walk into that conversation knowing your real-world number, not the city's outdated one.

Southridge is not the flashiest neighbourhood in Stony Plain, but it is a solid, above-average performer with buyers who are willing to pay full price and then some. That is a good place to be.

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.