Broadmoor Estates, Sherwood Park - September 2026 Real Estate Report

Broadmoor Estates, Sherwood Park: What Your Neighbours Are Not Telling You About Home Prices 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 sending mixed signals depending on whether you own a house or a condo - and the difference matters a lot for what you do next.

Houses: Taking a Breather

Let us be straight with you. The house market in Broadmoor Estates is cooling off. The average sale price this month sits at $470,600, which is down 15.4% from last month. That is a number worth paying attention to. Listings are averaging $423,950, and homes are selling at 99.78% of list price - so buyers are not overpaying, but sellers are not getting crushed either.

• Average HonestDoor Price: $588,871 (up 3.19% from the previous period)
• Average sale price this month: $470,600
• Average listing price: $423,950
• Price per square foot: $352
• Properties sold this month: 5
• Average days on market: 76 days
• Predicted market value: $570,645
• Rental yield: 5.52%
• Estimated monthly rent: $2,671

Seventy-six days to sell is slow. For context, homes in Woodbridge Farms are moving in 49 days. We are sitting at a days-on-market rank of 22 out of 24 neighbourhoods in Sherwood Park - that puts us near the bottom of the speed chart. The predicted value of $570,645 is also slipping below the 3-month moving average of $581,980, and recent price change is sitting at -2.20%. On the neighbourhood leaderboard for growth, houses in Broadmoor Estates rank 46 out of 53. That is bottom-tier territory, and it is worth knowing before you make any moves.

The rental story is a bright spot though. A 5.52% rental yield is genuinely strong. If selling is not the plan, holding and renting makes real financial sense right now.

Condos: A Different Story Altogether

Condos here are a completely different conversation. We are talking about one of the pricier condo markets in Sherwood Park - ranked 3rd out of 21 comparable neighbourhoods on price. That is top-shelf territory.

• Average HonestDoor Price: $805,520 (down 6.58% from the previous period)
• Average sale price this month: $565,000
• Average listing price: $579,900
• Price per square foot: $495
• Properties sold this month: 1
• Average days on market: 111 days
• Predicted market value: $862,227
• Rental yield: 3.88%
• Estimated monthly rent: $2,706

One sale this month and 111 days on market tells us the condo pool here is thin and slow-moving. Buyers exist, but they are not rushing. Properties are selling at 97.43% of list price, so there is a small but real negotiating gap. The good news is the predicted value of $862,227 is actually climbing above the 3-month moving average of $849,831, and the growth rank sits at 11 out of 37 - that puts condos in Broadmoor Estates in the above-average tier on the neighbourhood leaderboard. The HonestDoor Price did dip 6.58%, so watch that number closely over the next quarter.

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 old sales data, and has no idea what happened on your street last month. The HonestDoor Price is a real-time check on what your property is actually worth today, not what a government office decided it was worth six to twelve months ago.

For houses in Broadmoor Estates, the HonestDoor Price of $588,871 is sitting notably above the current average sale price of $470,600. That gap is information. It tells you the market has softened faster than assessments have caught up. If you are making any financial decision - refinancing, selling, or just figuring out your net worth - using a stale assessment number could lead you in the wrong direction. The HonestDoor Price updates continuously and reflects what buyers are actually doing right now.

For condo owners, the predicted market value of $862,227 gives you a forward-looking number that your assessment simply cannot provide. That is the real-world check you need before you price anything.

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

If you own a house in Broadmoor Estates and are thinking about listing this summer, here is the honest take. The market is not your enemy, but it is not your best friend right now either. Prices are softer, days on market are high, and buyers have options. That does not mean you cannot sell - it means you need to price sharp from day one. Overpricing and chasing the market down is the worst play in a cooling environment.

If you own a condo, the calculus is a bit different. You are in a higher-priced, slower-moving segment. One sale a month means your buyer pool is small. Patience is part of the strategy. But with a predicted value trending upward and a top-3 price rank in Sherwood Park, you have real equity to work with.

For both property types, the move right now is simple - check your HonestDoor Price before you do anything else. It is free, it is current, and it will tell you more about your actual position than any assessment notice in your mailbox. Broadmoor Estates had 33 total property transactions in 2026, ranking 13th in Sherwood Park for transaction volume. The activity is there. The question is whether your timing and your price are lined up correctly.

Bottom line: do not guess. Get the number, then make the call.

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.