Southridge, Stony Plain - October 2026 Real Estate Report
Southridge, 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 Southridge, here's what's actually happening. The one house that sold in 2026 closed at 100.48% of list price. That means the buyer paid above asking. In a market where a lot of Alberta neighbourhoods are seeing buyers push back, that's a real signal worth paying attention to.
The average sale price sits at $417,000, with active listings coming in at $415,000. Those two numbers being this close together tells us the market isn't inflated by wishful-thinking pricing - what sellers are asking is pretty much what buyers are paying. Properties are moving in 13 days on average, which puts us in the same lane as Meridian Meadows next door. Fast, but not frantic.
- Average sale price: $417,000
- Average list price this month: $415,000
- Sale-to-list ratio: 100.48% - buyers are paying over ask
- Average days on market: 13 days
- Price per square foot: $428
- Total transactions in 2026: 6
Low volume, yes. But the transactions happening are clean and competitive. That's not a soft market - that's a stable one.
The Neighbourhood Leaderboard
Here's where Southridge stands against the rest of Stony Plain, and it's worth knowing before you make any moves.
- Growth rank: 12 out of 37 neighbourhoods - that puts us in the top third in Stony Plain
- Days-on-market rank: 7 out of 22 - homes here sell faster than most
- Price rank: 18 out of 31 - we sit below average on price, which actually works in our favour for buyers coming from pricier spots
- Transaction volume rank: 8 in Stony Plain - more activity than most neighbourhoods
Compare that to nearby options. Woodlands averages $465,591 and Meridian Meadows hits $494,029. Southridge at $422,708 is the entry point into a solid pocket of Stony Plain - and buyers know it.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment: it's a snapshot from months ago, sometimes longer. It doesn't know that a house on your street just sold above asking. It doesn't adjust for what buyers are actually willing to pay today.
The HonestDoor Price for Southridge is $422,708, up 0.89% from the previous period. That's a live, real-world number - not a government estimate that's already aging by the time it hits your mailbox. The predicted market value for houses specifically comes in at $418,988, and the 3-month moving average is $420,447. Values have dipped slightly by 1.75% recently, which is worth knowing if you're timing a sale.
Bottom line: your tax assessment tells you what the city thinks your home was worth. Your HonestDoor Price tells you what a buyer might actually write a cheque for. Those are two very different conversations.
The "So What?" - Thinking About Selling This Summer?
If selling is on your radar, the conditions in Southridge right now are about as clean as you'll get. Homes are selling in under two weeks. The one sale we have on record closed above list price. And at $422,708, you're priced attractively compared to Woodlands and Meridian Meadows - which means buyers who get outbid over there are going to look here next.
The rental picture also gives you options if you're not ready to sell. At $2,184 per month in estimated rent and a 5.79% rental yield, holding the property isn't a bad play either. That yield is genuinely strong for this market.
One honest note: values have softened slightly in the short term, down 1.75%. The market isn't in trouble - it's taking a breather. But if you're thinking summer, sooner is probably smarter than later. Get your HonestDoor Price, know your real number, and make the call with actual data instead of guesswork.
- HonestDoor Price: $422,708 (up 0.89%)
- Estimated monthly rent: $2,184
- Rental yield: 5.79%
- Airbnb potential: $108 per night (ranked 25th in Stony Plain)
- Short-term value change: -1.75% - worth watching, not panicking over
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.