Brentwood, Sherwood Park - August 2026 Real Estate Report

Brentwood, Sherwood Park: Your Home Is Worth More Than Your Assessment Says

If you've been watching the "For Sale" signs in Brentwood lately, here's what's actually happening. Houses are selling above asking price, condos are holding steady, and the city's tax assessment is already out of date. Let's break it down.

The Vibe: Houses vs. Condos in Brentwood

For those of us with houses in Brentwood, the market is genuinely hot right now. The average sale price hit $471,236 this month - that's up 6.3% from last month alone. Homes are sitting on the market for just 18 days on average, which is faster than nearby Nottingham at 25 days. The stat that really tells the story? Buyers are paying 102.37% of list price. That means people are fighting over homes here, not negotiating them down.

• Average sale price (houses): $471,236 - up 6.3% month over month
• Average list price this month: $461,836
• Price per square foot: $372
• Average days on market: 18 days
• Sale-to-list ratio: 102.37% - sellers are winning
• Properties sold this month: 3
• Rental yield: 5.74% - strong returns for investors
• Estimated rent: $2,304 per month

On the condo side, we're seeing a steadier picture. The HonestDoor Price for condos sits at $370,606, with a slight dip of 0.26% from the previous period. But here's the upside - condos in Brentwood rank 17 out of 37 comparable neighbourhoods for growth in Sherwood Park. That puts us in above-average territory. Rental returns are moderate at 4.09%, with estimated rent coming in at $1,905 per month. Not flashy, but solid.

• Average HonestDoor Price (condos): $370,606
• Predicted market value: $371,557
• Estimated rent: $1,905 per month
• Rental yield: 4.09%
• Growth rank: 17 out of 37 neighbourhoods - above average in Sherwood Park
• Beats nearby Nottingham condos, which are predicted at $320,297

The Neighbourhood Leaderboard

Here's where Brentwood sits on the Sherwood Park leaderboard right now. For houses, we rank 28 out of 54 neighbourhoods for growth - right in the middle of the pack. But our days-on-market rank is 8 out of 26, meaning homes here sell faster than most. For price, we rank 28 out of 32, which makes Brentwood one of the more affordable options in Sherwood Park. That affordability is exactly what's driving buyer demand and pushing sale prices above list.

For condos, that above-average growth rank of 17 out of 37 is worth paying attention to. It means Brentwood condos are outpacing more than half the competition in the city. Compare that to Nottingham condos, which are priced significantly lower, and you can see why buyers looking for value with upside are landing here.

The Secret Sauce: Check Your HonestDoor Price Before Your Next Assessment Arrives

Here's the thing about your city tax assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that houses in Brentwood just sold at 102% of list price this month. It doesn't know that sale prices jumped 6.3% in a single month. That number on your assessment notice is already stale.

The HonestDoor Price is the real-world check. It pulls from actual transaction data and updates in real time. For houses in Brentwood, the average HonestDoor Price is $455,189 - up 1.54% from the previous period. For condos, it's $370,606. These numbers move with the market, not with a government update cycle. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you should be looking at first.

• Average HonestDoor Price (houses): $455,189 - up 1.54%
• Average HonestDoor Price (condos): $370,606
• Total transactions in Brentwood in 2026: 30
• Transaction rank in Sherwood Park: 13 out of all neighbourhoods - this is an active market

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

If you own a house in Brentwood and you've been on the fence about selling, the data is giving you a clear signal. Buyers are paying over asking. Homes are moving in 18 days. Inventory is tight enough that 3 sales this month is enough to push prices up 6.3%. That's a sellers' market, full stop.

The one thing to watch - the predicted market value for houses sits at $448,264, which is slightly below the 3-month moving average of $451,397. That tells us the recent price spike is fresh, and the longer-term trend is still finding its footing. If you're thinking about listing, sooner is likely better than waiting to see if that gap closes in the wrong direction.

For condo owners, the story is more about patience than urgency. Values are holding, rental demand is real at $1,905 per month, and your growth rank puts you ahead of most of the city. If you're not in a rush, you're in a decent spot. If you are looking to sell, pricing sharp against Centre in the Park - which averages $408,039 - gives you a competitive edge.

Bottom line for Brentwood: houses are the hot ticket right now, condos are quietly competitive, and your city assessment is not keeping up with either. Pull your HonestDoor Price today and know what you're actually sitting on.

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.