Stoneshire, Spruce Grove - October 2026 Real Estate Report
Stoneshire, Spruce Grove: What Your Home Is Actually Worth Right Now
If you live in Stoneshire and you haven't checked your HonestDoor Price lately, this is your nudge. The market here is moving - and not always in the direction you'd expect. Here's the straight story on what's happening to home values on your street.
The Vibe: Houses vs. Condos
We're seeing two pretty different stories play out in Stoneshire right now, depending on what you own.
Houses
If you've been watching the "For Sale" signs in Stoneshire, here's what's actually happening. House prices are taking a breather. The average sale price sits at $573,000, which is down 2.7% from last month. Homes are still selling close to asking - buyers paid 99.70% of list price on average - but that gap is starting to open up, and that matters when you're negotiating.
- Average HonestDoor Price: $590,735 (up 0.55% from last period)
- Average sale price: $573,000
- Average listing price: $574,950
- Price per square foot: $308
- Average days on market: 12
- Properties sold in 2026: 72
- Predicted market value: $587,523
- 3-month moving average: $600,352 (values are trending down from this)
- Estimated monthly rent: $2,849 - $2,861
- Rental yield: 5.47%
The 12-day average on market is actually a strong sign. On the Spruce Grove leaderboard for days-on-market, Stoneshire houses rank 4th out of 17 neighbourhoods - that means we're moving homes faster than most of the city. For price, we rank 4th out of 18, putting us solidly above average. The one softer number is growth rate, which ranks 11th out of 18. Not alarming, but worth watching.
The rental story is genuinely good here. A 5.47% rental yield is strong. If you own a house in Stoneshire and you're not living in it, renting it out at an estimated $2,849 a month is a real option worth running the numbers on.
Condos
The condo picture is a bit more nuanced. Only 1 condo sold last month, so we're working with a thin slice of data - keep that in mind. What we do know: condos are selling fast. We rank 2nd out of 12 Spruce Grove neighbourhoods for days-on-market, with an average of just 8 days. That's nearly the fastest in the city.
- Average HonestDoor Price: $522,512 (down 7.26% from last period)
- Average sale price: $339,000
- Average listing price: $364,800
- Price per square foot: $247
- Average days on market: 8
- Properties sold in 2026: 3
- Predicted market value: $563,408
- 3-month moving average: $553,362 (values are trending up from this)
- Estimated monthly rent: $2,290 - $2,431
- Rental yield: 3.95%
The 7.26% drop in the HonestDoor Price for condos is the number that stands out. That's a meaningful shift in a short period. On the flip side, the predicted market value of $563,408 is actually climbing above the 3-month moving average of $553,362, which suggests the model sees some recovery ahead. The rental yield of 3.95% is moderate - not a home run, but not a reason to panic either.
For context, Stoneshire condos rank 5th out of 12 for price in Spruce Grove - above average. And condos here are selling at 100% of list price, meaning sellers aren't having to discount to close deals.
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 house prices in Stoneshire dipped 2.7% last month. It doesn't know that the 3-month moving average for houses just crossed below $600,000. Your tax assessment is basically a rearview mirror.
The HonestDoor Price is updated in real time, pulling from actual transaction data, current listing activity, and live market signals. Right now, the HonestDoor Price for a Stoneshire house is $590,735. That's the number a buyer's agent is going to be looking at when they walk through your door. It's the real-world check - not the number the city printed on a form last year.
If you're a condo owner, that 7.26% drop in the HonestDoor Price is exactly the kind of shift your assessment won't reflect for months. Knowing it now gives you options. Waiting means surprises.
The "So What?" - Thinking About Selling This Summer?
For house sellers, the window is still open - but it's not as wide as it was. Prices are softening slightly, and the predicted value of $587,523 is running below the recent 3-month average of $600,352. If you've been sitting on the fence, summer 2026 still looks like a reasonable time to move, but pricing it right from day one matters more than it did six months ago. The good news is that homes here are still selling in about 12 days, and buyers are paying very close to asking price.
For condo sellers, the speed story is your friend. Eight days on market is exceptional. If you price it realistically - and the gap between the average listing price of $364,800 and the average sale price of $339,000 tells you buyers are negotiating - you can still move quickly. Just don't anchor to a number that the market has already moved past.
For anyone thinking about holding and renting instead, a 5.47% rental yield on a house is worth a serious conversation with your accountant. At an estimated $2,849 a month, Stoneshire houses are pulling real rental income in a market where a lot of neighbourhoods can't say the same.
Bottom line - Stoneshire is still one of the stronger-priced neighbourhoods in Spruce Grove. We're not in freefall. But the data is telling us to pay attention, price smart, and stop relying on last year's assessment to make this year's decisions.
stoneshire | spruce grove | 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.