Stony Plain Real Estate Market Update: February 2026

The Stony Plain real estate market continued its winter pattern in February 2026, with moderate sales activity, steady inventory growth, and shifting pricing trends. While the number of homes sold declined compared to last year, the year-to-date data shows that home values remain strong overall, reinforcing Stony Plain’s reputation as a stable and desirable housing market in the Edmonton region.

February’s numbers provide valuable insight into how the market is positioning itself ahead of the busy spring real estate season. With more listings entering the market and buyers beginning to re-emerge after the winter slowdown, this month offers a preview of what we may expect as we move deeper into 2026.

February 2026 Market Snapshot

Market Overview: February Trends in Stony Plain

February delivered a mix of signals for the local housing market. While sales activity dipped compared to last year, the market continues to demonstrate resilience through strong asking prices and healthy year-to-date price growth.

The February report indicates that buyer activity is gradually returning, though not yet at the pace seen during the early months of 2025.

New construction activity in Stony Plain during February remained solid, with 10 new construction homes sold. These properties had an average list price of $575,912 and ultimately sold for an average of $569,025, showing that builders were achieving close to their asking prices. Prices ranged from $390,000 to $799,900, with a median sale price of $516,000, highlighting the wide variety of new build options available in the market. Homes spent an average of 44 days on market, with a range from 25 to 115 days, indicating that well-priced new builds continue to attract buyers relatively quickly. Overall, new construction generated $5,690,250 in total sales volume, demonstrating continued buyer interest in modern homes and newly developed communities in Stony Plain.

Below Graphs Are Interactive

Stony Plain Real Estate - New MLS® Listings 

New Listings Begin to Increase

February saw 50 new listings enter the Stony Plain market, representing a 6.38% increase compared to last year. However, year-to-date listings are still slightly lower overall:

• 86 new listings in 2026
• 91 new listings in 2025

This small decline indicates that inventory remains relatively tight, which may continue supporting property values as buyer activity increases in the coming months.

More listings typically begin appearing in March and April as the spring market ramps up.

Average Asking Price of Homes in Stony Plain

Average Asking Price Shows Strong Growth

The average asking price in February reached $454,000, representing an 11.68% increase compared to February 2025.

On a year-to-date basis, the average asking price sits at $455,000, up 6.37% from the same period last year.

This increase in list prices reflects continued seller confidence in the Stony Plain market. Homeowners appear optimistic about property values heading into the 2026 spring market.

Stony Plain Home Sales

Home Sales Decline Compared to Last Year

A total of 27 homes sold in February 2026, representing a 15.63% decrease from February 2025.

Looking at the broader picture, 48 homes have sold year-to-date, compared to 69 at the same point in 2025, a 30.43% decline.

While this may seem significant, it’s important to note that the early months of the year typically have fewer transactions as buyers wait for more inventory to appear in spring.

Lower sales early in the year often reflect seasonal market cycles rather than long-term shifts in demand.

Stony Plain Real Estate Market- Average Home Sale Price

Average Sale Price Dips in February

The average sale price in February 2026 was $388,000, representing a 9.57% decrease compared to February 2025.

However, the year-to-date average sale price tells a more encouraging story:

• $403,000 in 2026
• $378,000 in 2025

That represents a 6.68% increase year-over-year, confirming that overall property values in Stony Plain continue to trend upward despite short-term monthly fluctuations.

Monthly changes in average sale price are often influenced by the type and price range of homes sold during that specific month.

Ask-to-Sell Ratio Indicates Slightly Softer Negotiations

The average ask-to-sell ratio in February was 97.7%, meaning homes sold for slightly below asking price on average.

Year-to-date, the ratio sits at 98.3%, slightly below last year’s 99.3%.

This suggests that buyers currently have a bit more negotiating power compared to the competitive conditions seen earlier in 2025.

Stony Plain Average Days on Market

Days on Market Holds Steady for February

Homes in Stony Plain took an average of 57 days to sell in February, which is unchanged from February 2025.

However, year-to-date figures show a noticeable difference:

• 76 days on market in 2026
• 57 days in 2025

This represents a 33.33% increase in the time it takes homes to sell so far this year.

This shift may reflect buyers taking more time to evaluate properties, as well as the smaller number of active buyers during winter months.

What This Means for Buyers

For buyers considering entering the Stony Plain market, February offers several advantages:

More inventory is beginning to appear
As new listings increase, buyers have more options to choose from.

Less competition than the spring market
The slower winter pace means fewer bidding wars and more room for negotiation.

Stable long-term price growth
Despite a monthly dip in sale price, the year-to-date numbers show strong appreciation.

Opportunity before spring demand increases
Historically, March and April bring a surge in activity. Buyers who act early may benefit from better selection and pricing.

What This Means for Sellers

Sellers also have opportunities in the current market:

Strong asking price growth
Homes are entering the market at higher list prices than last year.

Limited inventory still supports values
Even with increased listings in February, overall supply remains tight.

Preparation for spring is key
Sellers considering listing should begin preparing now to take advantage of the upcoming spring market.

Pricing strategy matters
With buyers negotiating slightly more, accurate pricing is critical to attract strong offers quickly.

Why Stony Plain Continues to Attract Buyers

Stony Plain remains one of the most appealing communities in the Edmonton region thanks to its combination of affordability, location, and lifestyle.

Homebuyers are drawn to Stony Plain for its:

• Proximity to Edmonton and Spruce Grove
• Family-friendly neighbourhoods
• Growing local amenities and services
• Strong long-term property value growth

For many buyers seeking more space while remaining close to the city, Stony Plain offers the perfect balance of small-town charm and urban accessibility.

Looking Ahead to the Spring 2026 Market

As we move closer to spring, the Stony Plain real estate market is expected to experience increased activity.

Key trends to watch include:

Rising inventory levels as more sellers list homes in preparation for spring.

Increased buyer demand as warmer weather and improved selection attract more house hunters.

Continued price stability supported by strong demand and limited housing supply.

Overall, February’s numbers suggest that the Stony Plain market is preparing for a busy spring season, even if early-year sales remain slower than last year.

Year-to-Date Market Comparison (2026 vs 2025)

Thinking About Buying or Selling in Stony Plain?

If you're planning to buy or sell in Stony Plain, Spruce Grove, or the greater Edmonton region, understanding current market trends can make all the difference.

I'm Chris Reid, REALTOR® with Century 21 Leading, and I specialize in helping buyers and sellers navigate the local market with confidence.

📞 Call or Text: (780) 717-5267
📧 Email: creid@chrisreidedmonton.com
🌐 Website: chrisreidedmonton.com

Data provided by the REALTORS® Association of Edmonton and subject to change. Always consult with a real estate professional for the most current market information. 

If you are considering buying or selling a home in Stony Plain or just want more information on the Stony Plain real estate market, CONTACT ME HERE.

Town of Stony Plain Website