If you've been watching the "For Sale" signs in Sun Meadows, here's what's actually happening. The market is steady - not on fire, not falling apart. Houses are sitting at an average sale price of $480,000, and listings are coming in around $499,900. That gap matters. Buyers are negotiating, and on average they're landing at about 96% of list price. So if you list at $500K, expect offers closer to $480K. That's the real number to plan around.
The good news? When a house does hit the market here, it's not sitting long. The average days on market is just 11 days - that's a days-on-market rank of 6 out of 26 neighbourhoods in Stony Plain. We move product fast in Sun Meadows. That's a genuine edge.
Sun Meadows sits in a comfortable middle ground. Silverstone is running higher at $490,000 average sold price, and Brickyard is a bit softer at $420,000. We're priced above Brickyard and right in the conversation with Silverstone. If you're a buyer who got priced out of Silverstone, Sun Meadows is the next logical stop - and that keeps demand ticking.
Price rank is 7 out of 31 neighbourhoods in Stony Plain. That means we're in the top quarter for price. That's not nothing.
Here's the thing about your city tax assessment - it's a snapshot from months ago, calculated on a formula that doesn't know your renovated kitchen or your corner lot. The HonestDoor Price is updated in real time using actual market signals. Right now, the average HonestDoor Price in Sun Meadows is $389,942, up 0.62% from the previous period.
The predicted market value for houses is sitting at $387,537 - and that number is actually drifting down from the 3-month moving average of $397,840. Property values have shifted by -4.42% recently, and the growth rank is 33 out of 39 neighbourhoods in Stony Plain. That puts us near the bottom of the leaderboard on growth right now. That's the honest read - Sun Meadows is taking a breather on appreciation.
Why does this matter for your wallet? If you're waiting for your next annual assessment to figure out what your home is worth, you're working with old data in a market that's already moved. Check your HonestDoor Price today - it's the real-world check that your assessment simply can't give you.
If you're thinking about selling in Sun Meadows this summer, here's the straight talk. The price trend is softening - down 4.42% recently and sitting below the 3-month average. That's not a crash, but it's a signal. Waiting to see if values bounce back is a gamble right now, especially with a growth rank of 33 out of 39 in the city.
The flip side? Homes here are selling fast - 11 days on market is genuinely quick. Demand hasn't dried up. If you price it right, you'll get action. The mistake would be listing at $499,900 and expecting full ask. Price sharp, closer to that $480,000 average sold price, and you'll move it.
One more thing worth knowing - the rental yield here is 5.82% with an estimated rent of $1,995 per month. If selling doesn't feel right yet, holding and renting is a legitimate play. That yield is solid. It gives you options.
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.