Aspen Trails, Sherwood Park - September 2026 Real Estate Report

Aspen Trails, Sherwood Park: Here's What Your Home Is Actually Worth Right Now

If you've been watching the "For Sale" signs on your street and wondering what's really going on, here's the straight answer. Aspen Trails is one of the more active corners of Sherwood Park, and the numbers tell an interesting story depending on whether you own a house or a condo.

The Vibe: Houses vs. Condos

Let's split this up, because the two markets are behaving very differently right now.

Houses - Fast, Competitive, and Still Strong

If you own a house in Aspen Trails, the market is working in your favour. Nine homes sold last month - up 50% from the month before. Those homes averaged just 5 days on the market. That is not a typo. Five days. That puts us at a days-on-market rank of 4 out of 24 neighbourhoods in Sherwood Park, meaning we are one of the fastest-moving house markets in the entire area.

The average sale price came in at $595,111, which is down 8.4% from last month. Before you panic, look at the other number: homes sold at 101.71% of list price. Buyers are still paying over asking. The price dip likely reflects the mix of homes that sold this month, not a collapse in value. The market is taking a breather on price, but demand is clearly still there.

• Average sale price: $595,111
• Average list price: $673,267
• Sale-to-list ratio: 101.71% (above asking)
• Average days on market: 5
• Price per square foot: $330
• Properties sold last month: 9 (up 50%)
• Predicted market value: $680,996
• Estimated monthly rent: $3,207
• Rental yield: 5.28%
• Growth rank: 19 out of 53 neighbourhoods in Sherwood Park (above average)
• Price rank: 9 out of 32 neighbourhoods in Sherwood Park (above average)

A 5.28% rental yield is genuinely strong. If you've ever thought about holding your Aspen Trails house as a rental, the math is actually working right now.

Condos - Steady, But Worth Watching

The condo side of Aspen Trails is a different story. Two condos sold last month at an average of $325,000, and buyers paid 97.11% of list price - meaning sellers gave up a little ground. Properties sat for about 30 days on average. Not alarming, but not the sprint we're seeing with houses.

The HonestDoor Price for condos has dipped 2.29% recently, and the predicted value of $416,240 is trending slightly below its 3-month average. The growth rank sits at 30 out of 37 comparable neighbourhoods. That puts condo owners in the bottom tier for value growth right now in Sherwood Park.

• Average sale price: $325,000
• Average list price: $334,900
• Sale-to-list ratio: 97.11% (below asking)
• Average days on market: 30
• Price per square foot: $274
• Properties sold last month: 2
• Predicted market value: $416,240
• Estimated monthly rent: $2,085
• Rental yield: 3.99%
• Growth rank: 30 out of 37 neighbourhoods in Sherwood Park (bottom performers)
• Price rank: 5 out of 21 neighbourhoods in Sherwood Park (above average)

One bright spot: Aspen Trails condos are still selling faster than nearby Emerald Hills (30 days vs. 41 days), and the average sale price edges out both Emerald Hills ($320,000) and Summerwood ($313,800). So we're holding our own on price, even if growth has slowed.

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, sometimes longer. It does not know that houses in Aspen Trails are selling in 5 days right now. It does not know that buyers are paying over asking. It is a static number in a moving market.

The HonestDoor Price is updated in real time using actual transaction data, current listings, and live market signals. For houses, that number sits at $694,085 - up 1.92% from the previous period. For condos, it's $406,707. These are the numbers that reflect what a buyer would actually pay today, not what a government formula calculated last year.

If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - your HonestDoor Price is the real-world check you need. Your assessment is a starting point. Your HonestDoor Price is the answer.

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

If you own a house in Aspen Trails, this summer looks like a reasonable window. Demand is real - 57 total transactions in 2026 puts us at a transaction rank of 6 in Sherwood Park, meaning we are one of the busiest neighbourhoods for deals. Homes are moving fast and buyers are still stretching past list price. The key is pricing it right from day one. With a 5-day average on market, overpriced homes will stick out immediately.

If you own a condo, the picture calls for more patience. Values have slipped slightly, growth is lagging, and the buyer pool is smaller. That does not mean you cannot sell - it means you need to be sharp on price and presentation. Buyers in the condo segment are negotiating, and they know it.

Either way, the first step is knowing your real number. Check your HonestDoor Price before you call an agent, before you set a list price, and before you make any assumptions based on what your neighbour's place sold for two years ago. The market has moved. Your information should too.

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.