Whispering Waters, Stony Plain - August 2026 Real Estate Report

Whispering Waters, Stony Plain: Prices Are Holding, But the Market Is Telling You Something

If you own a home in Whispering Waters and you haven't checked your actual market value lately, now is the time to pay attention. The numbers are moving - and not all in the same direction.

The Vibe: What's Happening With Houses and Condos Right Now

Houses

We're sitting in a stable but soft spot. The average sale price for houses is $184,000, and listings are coming in around $189,000. Buyers are paying about 97.35% of list price, which means if you list at $189,000, expect offers closer to $184,000. That gap matters when you're doing the math on your next move.

• Average sale price: $184,000
• Average list price this month: $189,000
• Price per square foot: $164
• Average days on market: 38 days
• Properties sold last month: 1
• Sale-to-list ratio: 97.35%
• Rental yield: 6.12%
• Estimated monthly rent: $1,135

The HonestDoor Price for houses sits at $205,331 - down 0.92% from the previous period. The predicted market value is $207,246, which is actually dipping below the 3-month moving average of $211,823. Translation: values have been quietly sliding. The recent change is -2.26%, and on the neighbourhood growth leaderboard, Whispering Waters houses rank 31 out of 39 in Stony Plain. That puts us in the lower third. Not a crisis, but not a bragging point either.

One bright spot for investors: a 6.12% rental yield is genuinely solid. If you're not living in it, renting it out makes real financial sense right now.

Condos

Our condo market is a slightly different story. The average sale price is $187,000, with listings averaging $189,900. Buyers here are paying 98.47% of list - closer to asking than the house buyers are. But condos are sitting longer. We're averaging 58 days on market, which is slower than nearby Meridian Pines Condos at 53 days. That's a signal the condo pool of buyers is thin.

• Average sale price: $187,000
• Average list price this month: $189,900
• Price per square foot: $168
• Average days on market: 58 days
• Properties sold last month: 1
• Sale-to-list ratio: 98.47%
• Rental yield: 4.31%
• Estimated monthly rent: $1,222

The HonestDoor Price for condos is $223,741, up a hair at 0.05%. The predicted market value is $223,637, just below the 3-month moving average of $225,288. Values have shifted -1.31% recently. On the growth leaderboard, condos rank 21 out of 33 in Stony Plain - below average, but not at the bottom. The days-on-market rank of 12 out of 15 tells us condos here are among the slower sellers in the city. Price-wise, we're middle of the pack at 10 out of 18.

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, built on formulas that don't know your street, your renovations, or what buyers are actually paying right now. The HonestDoor Price is updated in real time, using live transaction data. It's the difference between a weather forecast from last season and checking the radar this morning.

For houses in Whispering Waters, the HonestDoor Price of $205,331 is notably higher than the average sale price of $184,000. That gap is worth understanding before you price anything. For condos, the HonestDoor Price of $223,741 sits well above the $187,000 average sale price. If you're relying on your tax assessment to guess what your place is worth, you could be off by tens of thousands of dollars in either direction.

Check your HonestDoor Price before you call an agent, before you refinance, and definitely before you assume your assessment tells the full story.

The So What: Thinking About Selling This Summer?

Let's be straight with each other. This is a buyers' market right now. Homes are selling below list price, volume is low at 4 transactions in 2026, and values have been drifting down. If you're selling a house, expect 38 days on market and offers around 97% of your list price. If you're selling a condo, budget for closer to 58 days and a slower process overall.

That doesn't mean don't sell. It means price it right from day one. Overpriced listings in a slow market just sit and get stale. A sharp, well-priced listing at or just below $189,000 will move faster than one that starts high and chases the market down.

The rental angle is worth considering too. If you don't need to sell immediately, a house here at a 6.12% rental yield is a legitimate hold strategy while you wait for conditions to improve. Condos at 4.31% are more modest but still in positive territory.

Bottom line: Whispering Waters is affordable, stable, and taking a breather right now. If you're selling, go in with clear eyes and a competitive price. If you're holding, your rental numbers give you options. Either way, start with your HonestDoor Price - not a number from last year's tax notice.

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.