HonestDoor

    Aspenglen, Spruce Grove - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Spruce Grove, Aspenglen

    Aspenglen, Spruce Grove: Your Neighbour Just Sold. Here Is What You Need To Know.

    If you have been watching the "For Sale" signs in Aspenglen lately, here is the honest picture. The market is not on fire, but it is not stalling out either. It is doing something more useful - it is giving buyers and sellers a clear, stable playing field. That is actually good news if you know how to use it.

    The Vibe: Houses vs. Condos in Aspenglen

    Let us break down what is actually happening on our streets right now, because houses and condos are telling two different stories.

    Houses - Steady, But Know Your Position

    Houses in Aspenglen are moving, just not at a sprint. Here is the snapshot:

    • Average HonestDoor Price: $443,878 - down a modest 0.84% from last period
    • Average sale price this period: $387,500
    • Active listings are averaging $542,450 - a notable gap worth watching
    • Price per square foot: $259
    • Homes sold for 98.53% of list price - buyers are getting a slight discount
    • Average days on market: 26 days
    • Only 2 houses sold this period - low volume, so each sale carries weight
    • Predicted market value: $447,652 - up from the 3-month average of $445,174
    • Rental yield: 5.74% - that is a strong return for investors
    • Estimated monthly rent: $2,293
    • 6 total property transactions recorded in 2026 so far

    On the neighbourhood leaderboard, Aspenglen houses rank 13 out of 19 for growth in Spruce Grove - below average, but not at the bottom. Days-on-market ranks 10 out of 17, meaning we are on the slower side of the selling curve. Price ranks 14 out of 18, so we sit below average compared to the broader Spruce Grove market. Nearby neighbourhoods like Fieldstone ($605,545) and Linkside ($603,953) are priced significantly higher, which tells us there is room for Aspenglen to grow into that gap over time.

    Condos - A Faster Lane With More Upside

    Condos in Aspenglen are a different conversation. Smaller volume, but the numbers are punchy.

    • Average HonestDoor Price: $501,798 - down 2.63% from last period
    • Average sale price: $348,000
    • Active listings averaging $351,000 - very tight gap, which means pricing is realistic
    • Price per square foot: $255
    • Sold for 99.15% of list price - almost full ask
    • Average days on market: 19 days - noticeably faster than houses
    • 1 condo sold this period
    • Predicted market value: $515,363 - up from the 3-month average of $490,917
    • Estimated monthly rent: $2,465
    • Rental yield: 3.79% - moderate, but the appreciation trend is doing the heavier lifting

    On the neighbourhood leaderboard, Aspenglen condos rank 7 out of 17 for growth - above average in Spruce Grove. Days-on-market ranks 4 out of 11, meaning condos here sell faster than most comparable spots in the city. Price ranks 5 out of 12, putting us above average. That is a meaningfully better position than the house segment, and it is worth noting if you are deciding what to do with a condo you own here.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

    Here is the thing about your city assessment - it is a snapshot from the past. It gets updated once a year, uses broad strokes, and has zero idea what happened on your street last month. It is not built to reflect what a buyer would actually pay you today.

    The HonestDoor Price is different. It pulls in real-time transaction data, current listing activity, and market movement to give you a live estimate of what your property is worth right now - not what it was worth eight months ago when the city ran its numbers.

    In Aspenglen right now, the HonestDoor Price for houses sits at $443,878, while the predicted market value for houses is tracking at $447,652 and climbing from its 3-month average. For condos, the predicted value of $515,363 is running well above the 3-month average of $490,917. That upward movement is not showing up in any government assessment yet. If you are making a financial decision - refinancing, selling, or just figuring out your net worth - using a stale assessment is leaving real information on the table.

    Check your HonestDoor Price. It is the real-world check your assessment was never designed to be.

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

    If selling is on your mind, here is the straight talk.

    For house owners - the market is stable, not surging. Buyers are paying close to list price (98.53%), but that gap between current listing averages ($542,450) and actual sale prices ($387,500) tells you that overpricing is getting punished. Homes sitting 26 days on average means you have a window, but you do not have unlimited runway. Price it right from day one. With only 2 sales in the recent period, every comparable matters enormously - one bad comp can drag your perceived value down fast.

    For condo owners - your timing is actually better. Condos are moving in 19 days, selling at 99.15% of list, and the predicted value is trending up. If you are going to list this summer, the condo segment in Aspenglen has more momentum working in your favour right now.

    Either way, the neighbours who win this summer are the ones who go in with accurate, current data - not a year-old assessment and a gut feeling. That is exactly what the HonestDoor Price is built for.

    aspenglen | spruce grove | july 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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