Brookwood, Spruce Grove - July 2026 Real Estate Report

Brookwood, Spruce Grove: Your Neighbour Just Got More Than List Price. Here's What That Means for You.

If you've been watching the "For Sale" signs in Brookwood lately, here's what's actually happening: houses are selling fast, buyers are paying over asking, and the HonestDoor Price is climbing. This is not a slow market. Let's break it down.

The Vibe: Houses vs. Condos in Brookwood

Houses - Sellers, This One's for You

We are sitting in one of the fastest-moving house markets in all of Spruce Grove right now. The average HonestDoor Price for a house in Brookwood is $408,982, up 0.21% from the previous period, and the predicted market value is tracking at $408,132 - increasing from a 3-month moving average of $399,715. That upward trend is real.

The number that should get your attention: houses here sold at 101.18% of list price. That means buyers paid above asking. In this rate environment, that tells you demand in Brookwood is genuine. Properties are also moving in an average of just 8 days - which ranks 1st out of 17 neighbourhoods in Spruce Grove for speed. First. Out of seventeen.

• Average HonestDoor Price: $408,982
• Predicted Market Value: $408,132
• 3-Month Moving Average: $399,715
• Recent Value Change: 3.05%
• Growth Rank: 3rd out of 19 neighbourhoods in Spruce Grove
• Days on Market: 8 days average (ranked 1st out of 17 in Spruce Grove)
• Sale-to-List Ratio: 101.18% - buyers paid over asking
• Price per Square Foot: $206
• Estimated Monthly Rent: $2,124 - $2,127
• Rental Yield: 5.81%
• Price Rank: 18th out of 18 - among the most affordable in Spruce Grove

That last point is worth sitting with. Brookwood houses are among the most affordable in Spruce Grove, yet they rank 3rd for growth and 1st for speed. That combination - affordable entry point, strong appreciation, fast sales - is exactly what buyers are chasing right now. And us sellers benefit from that chase.

Condos - A Different Story, But Still Moving

The condo side of Brookwood is showing some interesting signals. The average HonestDoor Price is $219,008, and it has jumped 7.56% from the previous period. That is not a small move. The predicted market value sits at $203,613, up from a 3-month moving average of $198,212, with a recent value change of 2.62%.

One condo sold last month at $259,000 - up 21.3% from the month before - while current listings are averaging $215,000. Properties sold at 99.30% of list price, just a hair under asking, and they moved in 13 days on average. That ranks 2nd out of 11 neighbourhoods in Spruce Grove for condo sales speed. We are not sitting on inventory here.

• Average HonestDoor Price: $219,008
• HonestDoor Price Change: up 7.56%
• Predicted Market Value: $203,613
• 3-Month Moving Average: $198,212
• Recent Value Change: 2.62%
• Growth Rank: 4th out of 17 neighbourhoods in Spruce Grove
• Days on Market: 13 days average (ranked 2nd out of 11 in Spruce Grove)
• Sale-to-List Ratio: 99.30%
• Price per Square Foot: $232
• Estimated Monthly Rent: $1,118 - $1,198
• Rental Yield: 4.34%
• Price Rank: 8th out of 12 - below average in price in Spruce Grove

For investors eyeing Brookwood condos: a 7.56% HonestDoor Price increase in one period is a signal worth paying attention to. The rental yield at 4.34% is moderate, but paired with that appreciation rate, the total return picture looks solid.

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 months ago, calculated on a formula that does not know your specific street, your renovated kitchen, or the fact that houses in Brookwood are now selling in 8 days flat. It is a rear-view mirror number.

The HonestDoor Price is the real-world check. It updates in real time, pulls from actual transaction data, and reflects what buyers are genuinely paying in your neighbourhood today - not what a government model estimated last year. With house values in Brookwood up 3.05% recently and condo HonestDoor Prices up 7.56%, there is a very real chance your city assessment is already behind the curve. That gap is money left on the table if you are pricing, refinancing, or just trying to understand what you actually own.

Check your HonestDoor Price now. Do not wait for the next assessment cycle to tell you what the market already knows.

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

If you own a house in Brookwood and you are thinking about listing this summer, the data is pointing in your direction. Buyers are paying over asking. Properties are gone in 8 days. Growth is ranked 3rd in the city. Compared to nearby Hilldowns, where houses averaged $177,000 in sales, Brookwood houses at $220,000 are holding a clear premium - and that gap is backed by real transactions, not wishful thinking.

For condo owners, the 7.56% HonestDoor Price jump is the headline. If you bought a few years ago and have not looked at your current value recently, now is the time. The market is moving faster than most people realize.

The bottom line for Brookwood right now: affordable entry, fast sales, above-average growth, and buyers who are motivated. That is a good combination if you are on the selling side of the equation this summer. Get your HonestDoor Price, know your number, and make a move from a position of real information - not guesswork.

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.