Aspen Trails, Sherwood Park - October 2026 Real Estate Report
Aspen Trails Real Estate Update: Houses Are Hot, Condos Are a Mixed Bag
If you own a home in Aspen Trails and you haven't checked your property value lately, now is the time. The market here is moving fast in some spots and shifting quietly in others. Here's the straight story on what's happening in our neighbourhood right now.
The Vibe: Houses vs. Condos
Let's start with houses, because the numbers are hard to ignore. The average sale price for a house in Aspen Trails hit $633,850 last month - that's up 11.4% from the month before. Homes are sitting on the market for just 11 days on average, and sellers are getting 101.73% of their asking price. That means buyers are going over list. We're firmly in seller's territory right now, and if you own a house here, that's good news for your wallet.
- Average house sale price: $633,850 (up 11.4% from last month)
- Average list price this month: $696,860
- Price per square foot: $326
- Average days on market: 11
- Sale-to-list ratio: 101.73% - buyers are paying above asking
- 10 houses sold last month
- Predicted market value: $694,085
- Estimated monthly rent: $3,250 with a rental yield of 5.26%
On the neighbourhood leaderboard, Aspen Trails houses rank 9 out of 32 for price in Sherwood Park - that puts us in the top third. Days-on-market ranks 6 out of 24, meaning we're one of the faster-moving pockets in the city. The one softer stat is growth rate, which ranks 34 out of 51. The market isn't sprinting, but it's not standing still either.
Condos tell a different story. Only one condo sold last month, which is down 50% from the month before. The average sale price came in at $377,000, up 16% month-over-month, but with just one sale that number needs some context - a single transaction can swing the average hard. Condos here are sitting on the market for about 30 days, and sellers are getting 97.11% of list price, so there's a bit of room to negotiate if you're a buyer. That said, 30 days is still faster than nearby Emerald Hills at 41 days, so demand isn't dead.
- Average condo sale price: $377,000
- Average list price this month: $334,900
- Price per square foot: $260
- Average days on market: 30
- Sale-to-list ratio: 97.11%
- 1 condo sold last month
- Predicted market value: $406,707
- Estimated monthly rent: $2,040 with a rental yield of 4.01%
The condo growth rate ranks 21 out of 37 in Sherwood Park - below average. The predicted value of $406,707 is also trending slightly down compared to the 3-month moving average of $414,593. Condo owners here should keep a close eye on things over the next couple of months.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's something most of us don't think about until it's too late. Your city assessment is a snapshot from the past - it's calculated using data that can be six to twelve months old by the time it lands in your mailbox. In a market where house prices jumped 11.4% in a single month, that lag matters a lot.
The HonestDoor Price is updated in real time using actual transaction data. Right now, the average HonestDoor Price for a house in Aspen Trails is $673,105. For condos, it's $403,174. These numbers reflect what the market is actually doing today - not what it was doing last year when the city ran its numbers.
If you're making any decision - selling, refinancing, even just figuring out if your insurance coverage still makes sense - the HonestDoor Price is the real-world check you need. Don't let a stale government number be the only data point you're working with.
The So What: Should You Sell in Aspen Trails This Summer?
If you own a house in Aspen Trails, the case for selling this summer is pretty strong. Buyers are paying over asking, homes are moving in under two weeks, and the predicted value of $694,085 is climbing above the 3-month average. There are 65 total property transactions recorded in 2026 so far, and Aspen Trails ranks 5th in Sherwood Park for total transaction volume. This neighbourhood is active. Serious buyers are here.
Compare that to nearby Emerald Hills, where the predicted house value sits at $598,169. Aspen Trails is commanding a meaningful premium, and right now the market is rewarding sellers who price it right and move quickly.
For condo owners, the picture is more cautious. With values dipping slightly against the 3-month trend and only one sale last month, it's worth watching another month or two before pulling the trigger. That said, if your condo is well-priced and well-presented, you're still selling faster than Emerald Hills - so the demand is there.
Bottom line - if you've been sitting on the fence about selling your house in Aspen Trails, this summer looks like your window. Check your HonestDoor Price first so you know exactly what you're working with before you call your agent.
aspen trails | sherwood park | october 2026This 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.