Brentwood, Sherwood Park - July 2026 Real Estate Report

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

If you live in Brentwood and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment is already old news. Here's what's actually happening on your street right now.

The Vibe: What's Going On in Brentwood

Brentwood is a tale of two property types right now, and knowing which side you're on matters a lot if you're thinking about making a move.

Houses: Prices Are Climbing, But Buyers Have Patience

The average sale price for a house in Brentwood just hit $447,127 - that's up 8.4% from last month. That number will get your attention. But here's the full picture: homes are sitting on the market for an average of 39 days, and buyers are paying about 98.73% of the asking price. So yes, values are rising, but buyers aren't in a panic. They're taking their time.

Compare that to Nottingham, where homes are selling in 25 days. We're moving slower than our neighbours. That's not a crisis, but it's worth knowing before you price your listing.

• Average HonestDoor Price (Houses): $448,264
• Average sale price this month: $447,127 - up 8.4%
• Average list price: $415,950
• Price per square foot: $406
• Average days on market: 39
• Properties sold this month: 11
• Predicted market value: $458,159
• Rental yield: 5.72%
• Estimated monthly rent: $2,348
• Growth rank: 32 out of 54 neighbourhoods in Sherwood Park

That growth rank puts us in the below-average tier on the Sherwood Park neighbourhood leaderboard right now. Not last place, but not leading the pack either. The predicted value of $458,159 is trending above the 3-month moving average of $454,400, which is a quiet signal that momentum is building.

Condos: A Bit of a Breather

The condo side of Brentwood is taking a breather. The predicted market value sits at $362,778, which is actually down from the 3-month moving average of $368,803. Recent property value change comes in at -6.67%, and the growth rank is 25 out of 37 comparable neighbourhoods - again, below average on the leaderboard.

That said, the HonestDoor Price for condos is $371,557, up 2.42% from the previous period. And if you're a landlord or thinking about becoming one, a rental yield of 4.10% with estimated monthly rent of $1,866 is still a reasonable return. We're also sitting above nearby Nottingham condos, which are predicted at $307,037.

• Average HonestDoor Price (Condos): $371,557 - up 2.42%
• Predicted market value: $362,778
• 3-month moving average: $368,803
• Estimated monthly rent: $1,866
• Rental yield: 4.10%
• Growth rank: 25 out of 37 neighbourhoods in Sherwood Park

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on old sales data and a formula that doesn't know your renovated kitchen or your corner lot. It's not wrong on purpose. It's just slow.

The HonestDoor Price is updated in real time using actual market activity. Right now, houses in Brentwood are showing a predicted value of $458,159 against a current average sale price of $447,127. That gap matters. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - using a stale government number is leaving money on the table.

Check your HonestDoor Price today. It takes about 30 seconds and it's the most honest number you'll find without hiring an appraiser.

The So What: Should You Sell in Brentwood This Summer?

If you own a house in Brentwood and you've been on the fence, the data gives you a reasonable case to move. Prices are up month-over-month, the predicted value is climbing above recent averages, and 26 transactions happened in the neighbourhood in 2026 - that's real buyer activity, not a ghost town.

The catch is those 39 days on market. Buyers here are not rushing. That means your pricing strategy has to be sharp from day one. Overpricing will cost you weeks, not days. Come in at the right number - close to that $415,950 to $447,000 range - and you're in the game.

For condo owners, summer 2025 is more of a watch-and-wait situation. Values are dipping slightly against recent averages. If you don't have to sell, giving the market a few months to stabilize could work in your favour.

Either way, the first step is the same: pull your HonestDoor Price, compare it to what's actually selling on your street, and make a decision based on today's numbers - not last year's assessment notice.

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.