HonestDoor

    Stoneshire, Spruce Grove - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Spruce Grove, Stoneshire

    Stoneshire, Spruce Grove: Your Neighbour Just Asked "Should I Sell?" - Here's the Real Answer

    The Vibe Right Now

    If you've been watching the "For Sale" signs on your street, here's what's actually happening. Stoneshire is taking a breather. Prices are softer than they were a few months ago, but this neighbourhood still sits near the top of the Spruce Grove price leaderboard. That matters more than people realize.

    The average HonestDoor Price across Stoneshire sits at $587,523 for houses and $563,408 for condos. Compare that to nearby Spruce Village at $398,512 or Hilldowns at $420,857, and you can see Stoneshire is still punching well above its neighbours. We live in one of the pricier pockets in this city - and the data backs that up.

    Houses - Taking a Breather, But Still Standing Tall

    Let's be straight with each other. The house market in Stoneshire has cooled off. Here's the snapshot:

    • Average sale price this month: $588,750 - down 9.4% from last month
    • Current listings averaging: $596,000
    • Price per square foot: $315
    • Homes are selling at 99.09% of list price - buyers are getting a small discount
    • Average days on market: 30 days
    • Only 2 homes sold this month
    • Predicted market value: $596,658
    • 3-month moving average: $607,041 - values are drifting down from that peak
    • Recent value change: -3.28%
    • Rental yield: 5.45% - that is genuinely strong for this market
    • Estimated monthly rent: $2,882
    • Growth rate rank: 15 out of 19 neighbourhoods in Spruce Grove
    • Price rank: 4 out of 18 - we are still near the top for home values
    • Days-on-market rank: 8 out of 16 - moderately fast compared to the rest of the city
    • Total transactions in 2026: 66
    • Airbnb rank in Spruce Grove: 2nd - strong short-term rental demand

    The growth rank of 15 out of 19 is the honest part of this report. Price appreciation has slowed, and we are not going to pretend otherwise. But a price rank of 4th in the city means Stoneshire houses are still worth significantly more than most of Spruce Grove. Slow growth at a high price is a very different situation than slow growth at a low price.

    Condos - A Different Story, and a Good One

    The condo side of Stoneshire is actually doing something interesting. While houses cool down, condos are quietly climbing. Check this out:

    • Average HonestDoor Price: $563,408 - down just 0.04%, essentially flat
    • Average sale price this month: $339,000 - down 7.1% from last month
    • Current listings averaging: $364,800
    • Price per square foot: $247
    • Properties sold at 100% of list price - no discounts here
    • Average days on market: only 8 days
    • Predicted market value: $563,612
    • 3-month moving average: $550,803 - values are actually rising above this benchmark
    • Recent value change: +5.73%
    • Rental yield: 3.95%
    • Estimated monthly rent: $2,436
    • Growth rate rank: 3 out of 17 neighbourhoods - top performers in Spruce Grove
    • Price rank: 3 out of 12 - above average in price
    • Days-on-market rank: 3 out of 12 - selling fast

    A growth rank of 3rd out of 17 is not a small thing. Stoneshire condos are outpacing almost every comparable neighbourhood in the city right now. Eight days on market and selling at full list price tells you buyers are not hesitating when a condo comes up here.

    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 taken months ago, based on data that is even older than that. It does not know that house values in Stoneshire have shifted -3.28% recently. It does not know that condo values have jumped +5.73%. It is essentially a photo of a market that no longer exists.

    The HonestDoor Price is updated in real time. It is pulling from actual transactions, current listing data, and live market signals. Right now, that means a house HonestDoor Price of $587,523 and a condo HonestDoor Price of $563,408 - numbers that reflect what is actually happening on our streets today, not what was happening last year.

    If you are a homeowner in Stoneshire, your tax assessment might be telling you one thing while the real market is doing something completely different. Checking your HonestDoor Price right now is the fastest way to know where you actually stand - before you make any decisions about selling, refinancing, or even just understanding what you own.

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

    If you own a house in Stoneshire and you are thinking about listing this summer, here is the honest take. The market is softer than it was. Buyers are getting homes for just under list price, and it is taking about a month to sell. That is not a crisis - it is a normal market. But it does mean pricing your home right from day one matters more than it did six months ago.

    The good news is that Stoneshire still ranks 4th in Spruce Grove for price. You are not competing from a weak position. You are competing from a high-value position in a market that is taking a breather. There is a difference.

    If you own a condo in Stoneshire, the picture is more encouraging. Eight days on market, full list price sales, and a growth rank of 3rd in the city - if you are thinking about selling, the condo market is giving you a real window right now.

    • House sellers: Price sharp, lean on the $315 per square foot benchmark, and expect 30 days to find your buyer
    • Condo sellers: The market is moving fast - 8 days average - so be ready to act when you list
    • Landlords considering a sale: A 5.45% rental yield on houses is strong enough that holding might still win over selling
    • Anyone on the fence: Pull your HonestDoor Price today - it is the only number that reflects what your home is worth right now, not last year

    Stoneshire is not in trouble. It is just being honest about where the market is. And honestly, that is exactly the kind of neighbourhood we want to own in.

    stoneshire | spruce grove | september 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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