Stoney-Creek, London - July 2026 Real Estate Report

Stoney-Creek, London: Here's What Your Home Is Actually Worth Right Now

If you live in Stoney-Creek and you're still going off your last city assessment to figure out what your place is worth, you're working with old news. The market has moved. Here's the real picture.

The Vibe: What's Happening With Houses and Condos

Let's break it down by property type, because houses and condos are telling two different stories in our neighbourhood right now.

Houses in Stoney-Creek

If you've been watching the "For Sale" signs around here, you've probably noticed things aren't flying off the market. The data backs that up. Houses are sitting for an average of 146 days before selling - that's a long time. When they do sell, buyers are paying about 96.68% of the asking price, which means sellers are coming down a bit to close the deal. We're in a buyers' market, plain and simple.

• Average HonestDoor Price: $715,335 (down 0.46% from last period)
• Average sale price: $725,000
• Current average list price: $749,888
• Price per square foot: $403
• Predicted market value: $718,635
• 3-month moving average: $715,409 - and the predicted value is trending up from that
• Average days on market: 146
• Sale-to-list ratio: 96.68%
• Rental yield: 5.21% - that's a strong return if you're thinking landlord
• Estimated monthly rent: $3,364
• Airbnb potential: $167 per night (ranked 26th in London)
• Neighbourhood leaderboard - Growth rank: 32 out of 42 in London (below average)
• Neighbourhood leaderboard - Days-on-market rank: 12 out of 12 (slowest in London)
• Neighbourhood leaderboard - Price rank: 7 out of 18 (above average price in London)

Here's the honest read: we're not a fast-moving market right now, but we're not cheap either. Houses here rank above average on price across London. The slow days-on-market number isn't a panic signal - it just means sellers need to be realistic on pricing. The 5.21% rental yield is genuinely solid and worth paying attention to if you're weighing your options.

Condos in Stoney-Creek

The condo side of our neighbourhood is taking a bit more of a breather. Values have dipped 2.95% recently, and the predicted value of $428,104 is actually sitting below the 3-month moving average of $431,510 - meaning the short-term trend is softening. That said, we're still priced above nearby Stoneybrook condos, and the rental story is decent.

• Average HonestDoor Price: $427,916 (down 0.04% from last period)
• Predicted market value: $428,104
• 3-month moving average: $431,510 - current value is below this
• Recent value change: -2.95%
• Estimated monthly rent: $2,209 to $2,210
• Rental yield: 3.97% - moderate, not spectacular
• Airbnb potential: $110 per night (ranked 25th in London)
• Neighbourhood leaderboard - Growth rank: 22 out of 39 in London (below average)

Compared to neighbours, Stoneybrook condos are cheaper at around $412,946, while Uplands and Fanshawe are running significantly higher. We sit in the middle of the pack. If you own a condo here, the rental yield is workable but not a home run the way the house numbers are.

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

Here's the thing about city assessments - they're a snapshot from the past. They don't update in real time, and they definitely don't reflect what a buyer would actually put on the table today. The HonestDoor Price is a live, data-driven estimate that moves with the market. Right now, for houses in Stoney-Creek, that number sits at $715,335. For condos, it's $427,916.

Why does this matter for your wallet? Because if you're making any decision - selling, refinancing, even just figuring out if your insurance coverage makes sense - you need a current number, not a government estimate that could be a year or two behind. The HonestDoor Price is your real-world check. Use it.

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

Straight talk: if you're a house owner thinking about listing this summer, you need to go in with eyes open. Buyers have time on their side right now - 146 average days on market tells you that. The sellers who are winning are the ones pricing sharp from day one, not chasing the market down after starting too high.

The gap between average list price ($749,888) and average sale price ($725,000) is real. That's roughly $25,000 left on the table when pricing is off. Don't be that seller.

For condo owners, the softening trend (-2.95% recent change, predicted value below the 3-month average) suggests waiting for a market shift might not pay off in the short term. If you have a reason to sell, sooner is probably smarter than later while values are still holding above the $427,000 range.

Bottom line for Stoney-Creek: we're a stable, above-average-priced neighbourhood in London with a slow-moving market right now. That's not a disaster - it just means strategy matters more than ever. Check your HonestDoor Price, price your home honestly, and you'll be ahead of most of your competition on the street.

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.