Broadmoor Estates, Sherwood Park - October 2026 Real Estate Report
Broadmoor Estates, Sherwood Park: What Your Neighbours Are Not Telling You About Home Values Right Now
The Vibe in Broadmoor Estates
If you have been watching the "For Sale" signs around Broadmoor Estates lately, here is what is actually happening. The market is not crashing, but it is not on fire either. It is taking a breather - and depending on whether you own a house or a condo, that breather feels very different.
Houses - Steady, But Buyers Are in the Driver's Seat
Let us talk houses first, because that is where most of us live. The average sale price for a house in Broadmoor Estates is sitting at $798,375, and the HonestDoor Price is tracking at $575,401 - down 2.29% from the previous period. That gap between sale price and HonestDoor Price tells a story worth paying attention to.
- Average sale price: $798,375
- HonestDoor Price (real-time estimate): $575,401 - down 2.29%
- Current listings averaging: $423,950 this month
- Price per square foot: $449
- Homes selling at 99.78% of list price - buyers are getting deals
- Average days on market: 76 days
- 4 properties sold recently - down 20% from last month
- Rental estimate: $2,691 per month
- Rental yield: 5.49% - that is a strong return
The 76-day average sounds slow, but here is the thing - houses in nearby Sherwood Heights are sitting for 90 days. So relative to our neighbours, Broadmoor Estates houses are moving faster. On the neighbourhood leaderboard, our house growth rate ranks 23 out of 51 in Sherwood Park - that puts us in the above-average half of the pack. Not leading the race, but not falling behind either.
The buyers-market signal is real though. Homes are selling just under list price, and with only 4 sales last month, there is not a lineup at the door. If you are a seller, pricing sharp from day one matters more than ever right now.
Condos - A Different Story, and You Need to Know It
Condos in Broadmoor Estates are in choppier water. One sale last month, sitting on the market for 111 days on average, and a growth rate that ranks 33 out of 37 comparable neighbourhoods in Sherwood Park. That is bottom-of-the-leaderboard territory, and we should not sugarcoat it.
- Average sale price: $565,000
- HonestDoor Price: $866,242 - up 7.54% (but watch the predicted value below)
- Current listings averaging: $579,900 this month
- Price per square foot: $495
- Homes selling at 97.43% of list price - buyers negotiating harder here
- Average days on market: 111 days
- Predicted market value: $805,520 - trending down from a 3-month average of $837,111
- Recent value change: -6.58%
- Rental estimate: $2,591 per month, rental yield: 3.91%
The HonestDoor Price jumped 7.54%, but the predicted value is actually sliding - down from $837,111 to $805,520 over the last three months. That is the kind of nuance a static government assessment will never show you. Condos here are also the 3rd most expensive in Sherwood Park by price rank, yet they are the slowest to sell. That combination - high price, slow movement - is exactly why condo owners need a real-time number, not last year's assessment.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the honest truth about government assessments: they are a snapshot from months ago, sometimes longer. They do not know that condo values in Broadmoor Estates have shifted by -6.58% recently. They do not know that house values are up 3.19%. Your tax assessment is basically a history book. The HonestDoor Price is today's newspaper.
For houses, the HonestDoor Price at $575,401 gives you a real-world check on where the market actually sits - not where it was when the city last looked. For condos, the gap between the HonestDoor Price of $866,242 and the predicted value of $805,520 is a signal that the market is recalibrating. Knowing that now - before you list, before you refinance, before you make any move - is the advantage.
Broadmoor Estates ranks 10 out of 32 in price among Sherwood Park neighbourhoods. That is a strong position. But strong positioning only pays off if you know your actual number, not a stale one.
The "So What?" - Thinking About Selling This Summer?
For house owners - this is not a bad time to sell, but it is not a forgiving one either. With 76 days on market and buyers paying just under list price, the sellers who win this summer will be the ones who price accurately from the start. Overpricing and then chasing the market down is a losing strategy right now. Get your HonestDoor Price, compare it to what is actually listed in the neighbourhood, and price to sell - not to negotiate.
For condo owners - be realistic. With 111 days on market, a declining predicted value, and a growth rank near the bottom of the Sherwood Park leaderboard, this is a market that rewards patience and honest pricing. If you need to sell this summer, price it to move. If you can wait, keep watching the numbers - the HonestDoor Price will tell you when the tide turns before anyone else does.
Bottom line for Broadmoor Estates: houses are holding their own, condos are cooling, and the smartest thing any homeowner here can do right now is check their HonestDoor Price before making any decision. It is free, it is current, and it is the closest thing to what a buyer will actually pay today.
broadmoor estates | 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.