Broadview Park, Sherwood Park - July 2026 Real Estate Report

Broadview Park, Sherwood Park: Your Neighbour-to-Neighbour Market Update

The Headline

"Our house prices are still in the millions - but the market is telling us something we should pay attention to right now."

The Vibe: Houses vs. Condos in Broadview Park

If you have been watching the "For Sale" signs in Broadview Park lately, here is what is actually happening on both sides of the market.

Houses

We are sitting at an average HonestDoor Price of $2,151,140 - up 5.41% from the previous period. That sounds great on the surface, and it is. But here is the honest part: the predicted current market value has slipped to $2,040,738, which is already below the 3-month moving average of $2,153,146. Property values have moved -4.50% recently. The market is taking a breather.

On the neighbourhood leaderboard, our houses rank 44 out of 54 comparable neighbourhoods in Sherwood Park for growth. That puts us in the bottom tier right now. Not a panic signal - but a number worth knowing before you assume your home is still riding the same wave it was six months ago.

• Average HonestDoor Price: $2,151,140 (up 5.41% from previous period)
• Predicted current market value: $2,040,738
• 3-month moving average: $2,153,146
• Recent value change: -4.50%
• Average rental estimate: $6,499 per month
• Rental yield: 4.52% (moderate returns)
• Airbnb estimate: $323 per night
• Airbnb rank in Sherwood Park: 19th
• Growth rank: 44 out of 54 neighbourhoods

Condos

Our condo market tells a similar story. The average HonestDoor Price is $404,485 - up 4.85% from the previous period. But the predicted current value has pulled back to $385,771, sitting below the 3-month moving average of $395,089. Recent value change is -6.63%. That is a steeper short-term dip than what we are seeing on the house side.

On the condo leaderboard, we rank 24 out of 37 neighbourhoods in Sherwood Park - below average for growth. The one bright spot: our predicted condo value still beats nearby Strathcona Centre at $362,663. So we are not at the bottom of the pack, but we are not leading it either.

• Average HonestDoor Price: $404,485 (up 4.85% from previous period)
• Predicted current market value: $385,771
• 3-month moving average: $395,089
• Recent value change: -6.63%
• Average rental estimate: $2,058 per month
• Rental yield: 4.04% (moderate returns)
• Airbnb estimate: $102 per night
• Airbnb rank in Sherwood Park: 24th
• Growth rank: 24 out of 37 neighbourhoods

The Secret Sauce: Why You Should Check Your HonestDoor Price Today

Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know what happened to values in the last 90 days. It does not know that our predicted house values have slipped roughly $110,000 below the recent moving average. It is just a number frozen in time.

The HonestDoor Price is updated in real time. It is pulling in current market signals, not last year's data. For a neighbourhood like Broadview Park - where house prices are in the $2 million range and a 4-5% swing means $80,000 to $100,000 in real money - waiting for your next assessment to understand what your home is worth is a costly habit. Check your HonestDoor Price now. It is the real-world check your assessment will never give you.

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

If selling is on your radar this summer, the data is giving us a clear message: do not wait and assume prices will keep climbing. Both houses and condos are showing short-term value dips against their moving averages. The growth rankings put us in the lower half of Sherwood Park neighbourhoods right now.

That does not mean it is a bad time to sell - a $2 million average price is still a strong position to be in. But the window where you could name almost any price and expect a bidding war has narrowed. Buyers are paying attention to value. You should be too.

A few things to keep in mind before you list:

• Your HonestDoor Price reflects today's market - use it as your starting point, not your tax assessment.
• With a rental yield of 4.52% on houses, investors are still interested - that keeps demand alive even when the market softens.
• Nearby Mills Haven and Strathcona Centre are priced significantly lower, which means Broadview Park sellers are competing for a specific buyer. Price it right and that buyer is out there. Price it on hope and they will walk.
• Summer listings move faster when they are priced with current data. Get your HonestDoor Price, talk to a local agent, and go in with eyes open.

Bottom line: Broadview Park is still a premium address in Sherwood Park. But right now, the market rewards sellers who are sharp - not ones who are guessing.

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.