Aspen Trails, Sherwood Park - July 2026 Real Estate Report

Aspen Trails Real Estate Update: Houses Are Flying Off the Market, But Condos Tell a Different Story

The Vibe Right Now

If you live in Aspen Trails and you've been watching the "For Sale" signs, here's what's actually happening. The house market is running hot. Condos are a bit more of a mixed bag. Let's break it down so you know exactly where you stand.

Houses: Sellers Are Winning

We are in a strong sellers' market for houses right now - full stop. Homes are selling in an average of 8 days, which puts us at rank 3 out of 26 neighbourhoods in Sherwood Park for speed. That means Aspen Trails houses are among the fastest-selling properties in the entire area.

• Average sale price: $605,111 - up 1.4% from last month
• Homes are selling at 102.90% of list price - buyers are paying over asking
• Price per square foot: $339
• 9 properties sold this period
• Average listing price: $599,854

That 102.90% sale-to-list ratio is the number to pay attention to. It means if you list your house at $600,000, you can reasonably expect to walk away with more than that. That's not a guess - that's what our neighbours have been doing.

On the neighbourhood leaderboard, Aspen Trails houses rank 7 out of 32 for price in Sherwood Park. That puts us firmly in the top quarter. Growth ranks 27 out of 54, which is above average - not leading the pack, but holding solid ground.

Condos: Still Selling Fast, But Watch the Trend

The condo picture is more nuanced. The one condo that sold went for $690,000 - above list price at 101.49% - and it moved in 12 days. So demand is still there. But the predicted market value is sitting at $412,432, which is actually down from the 3-month moving average of $423,488. Values have shifted by -5.50% recently.

• Average sale price: $690,000
• Price per square foot: $535
• 1 property sold this period
• Average listing price: $679,900
• Days on market: 12

Condo growth ranks 21 out of 37 in Sherwood Park - below average. That doesn't mean condos are a bad investment here, but it does mean the momentum isn't on the same level as houses right now. If you own a condo in Aspen Trails, this is a good time to keep a close eye on your numbers rather than assume the tide is rising.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's the thing most Aspen Trails homeowners don't realize. Your city assessment is a snapshot from the past - it's calculated using data that can be many months old by the time it lands in your mailbox. The market doesn't wait for paperwork.

The HonestDoor Price is a real-time estimate that reflects what's actually happening on the ground right now. For houses in Aspen Trails, the average HonestDoor Price is $669,508. The predicted market value for houses is $685,977 - and that number is trending up from the 3-month average of $673,320. Your tax assessment almost certainly doesn't reflect that.

For condo owners, the HonestDoor Price sits at $420,831, up 2.04% from the previous period. That's your real-world check - not a number a government office calculated last year.

Bottom line: if you're making any financial decision based on your assessed value alone - whether that's refinancing, selling, or just understanding your net worth - you're working with old information. Check your HonestDoor Price instead.

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

If you own a house in Aspen Trails and you've been on the fence about selling, the data is giving you a clear signal. Homes are moving in 8 days. Buyers are paying over asking. Inventory is tight enough that 9 sales in a period still pushed prices up 1.4%. Summer is historically when motivated buyers are out in force, and right now the conditions are lined up in your favour.

For condo owners, the story is more about timing. You can still sell quickly - rank 3 out of 17 for days on market means condos here move fast when priced right. But with values dipping slightly from the 3-month trend, pricing strategy matters more than it does for houses. Don't just pick a number and hope. Use your HonestDoor Price as your starting point and talk to someone who knows this specific market.

Rental investors, take note too. Houses here are pulling an estimated $3,224 per month in rent with a 5.27% rental yield. That's a strong return by any measure. Condos sit at a 4.00% yield - moderate, but still positive cash flow territory at $2,071 per month estimated rent.

Aspen Trails is not a neighbourhood that's cooling off. For houses especially, it's one of the tighter markets in Sherwood Park right now. If selling is on your radar this summer, the window is open.

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.