If you have been watching the "For Sale" signs pop up around Stillwater this year, here is the real picture. The market is moving, but it is not moving the same way for every property type. Houses and condos are telling two very different stories right now, and which one you own matters a lot for what you do next.
Let us start with houses, because the headline number is a good one. The average sale price for a house in Stillwater is sitting at $549,500, up 2.4% from last month. That is real money moving in the right direction. But here is the nuance - homes are averaging 156 days on the market before they sell. That is a long time. Yes, we are moving faster than nearby The Uplands at 176 days, but buyers in Stillwater are not rushing. They are doing their homework. The 98.89% sale-to-list ratio tells you that sellers are pricing close to the mark, but buyers are still negotiating a small discount off the ask.
The predicted market value for houses at $489,686 is actually running below that $549,500 sale price, and it is also dipping below the 3-month moving average of $498,018. Property values have shifted -2.01% recently. The market is not collapsing - it is taking a breather. On the neighbourhood leaderboard, Stillwater houses rank 146 out of 285 for growth. That is middle of the pack. Not a star performer, but not falling behind either.
Condos are a completely different conversation. This is where Stillwater gets interesting for us. The predicted condo value is $528,500, and it is climbing - up from a 3-month moving average of $517,367. Recent condo value growth is 7.16%, and that puts Stillwater condos at rank 18 out of 297 neighbourhoods in Edmonton. That is top-tier. If you own a condo here, you are sitting in one of the fastest-moving segments in the entire city right now.
One thing worth flagging on condos - the HonestDoor Price of $505,850 has dropped 4.29% from the previous period, even as the predicted value climbs. Watch that gap. It is worth understanding before you price anything.
Here is the thing about your city assessment. It is a snapshot taken months ago, based on data that is even older than that. The average assessed value in Stillwater is $489,958. The average HonestDoor Price is $489,266. Those numbers look almost identical on the surface, and that is actually the point - but the HonestDoor Price updates in real time as the market shifts.
Right now, house values have moved -2.01% recently while condo values have jumped +7.16%. Your city assessment does not know that yet. If you are a condo owner, your assessment is almost certainly lagging behind what your unit is actually worth today. If you are a house owner, the assessment might be slightly flattering compared to where the predicted value sits. Either way, the HonestDoor Price is the real-world check that tells you where things stand today - not where they stood when a city appraiser last ran the numbers.
With 815 properties assessed in Stillwater and neighbourhood growth running at 0.17% year over year, this is not a static market. Prices are moving. Your assessment is not keeping up. Check your HonestDoor Price before you make any decisions.
If you own a house in Stillwater and you are thinking about listing this summer, the honest answer is: the conditions are workable, but you need to be patient and priced right. Buyers are active - 4 sales in the last period is a 33.3% jump - but they are taking their time at 156 days average. Price your home sharp. The 98.89% sale-to-list ratio tells you that buyers will negotiate, so do not leave room you cannot afford to give back. At $281 per square foot, Stillwater houses are priced above average for Edmonton (rank 110 out of 285), which is a selling point worth using.
If you own a condo, the summer picture looks genuinely strong. A growth rank of 18 out of 297 is not something you see every day. Values are trending up, rental demand is solid at $2,525 per month, and Stillwater condos are outperforming almost every comparable neighbourhood nearby - Riverview Area, Edgemont, and Windermere are all coming in cheaper. If you have been waiting for a good window, this is worth a serious conversation with your agent.
For anyone thinking about renting instead of selling, the house rental yield of 5.68% is strong. That is a number that makes holding the property a legitimate strategy, not just a fallback plan.
Bottom line - Stillwater is not the flashiest market in Edmonton right now, but it is a steady one with a condo segment that is quietly punching well above its weight. Know your HonestDoor Price, understand which side of the house-versus-condo story you are on, and make your move with the actual numbers in hand.
stillwater | edmonton | october 2026This 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.