Brookwood, Spruce Grove - October 2026 Real Estate Report
Brookwood, Spruce Grove: Your Neighbour Probably Doesn't Know This Yet
If you own a home in Brookwood and you're still going off your city assessment, you're flying blind. The market has moved - and not in the direction most people expect. Here's the real picture, broken down so it actually makes sense.
The Vibe: What's Happening on Our Streets Right Now
Brookwood is holding steady, but it's not setting the world on fire. We're sitting at an average HonestDoor Price of $397,956 for houses, up a modest 0.94% from last period. That's not a boom - but it's not a crash either. Think of it as the market catching its breath.
On the condo side, the story is a bit more interesting. The average HonestDoor Price for condos is $216,400, and that's up 3.79% - a noticeably stronger move than what we're seeing with houses. If you own a condo in Brookwood, that number deserves your attention.
Houses - The Honest Numbers
- Average HonestDoor Price: $397,956 (up 0.94%)
- Average sale price: $212,500
- Current average list price: $219,900
- Price per square foot: $180
- Homes sold for 96.63% of list price on average - buyers are negotiating, and winning
- Average days on market: 15
- Estimated monthly rent: $2,076
- Rental yield: 5.83% - that's a strong return for landlords
- Airbnb estimate: $103 per night
- Transactions in 2026: 22
- Growth rate rank: 10 out of 18 neighbourhoods in Spruce Grove - below average on the leaderboard
- Price rank: 18 out of 18 - the most affordable option in Spruce Grove
- Days-on-market rank: 5 out of 17 - homes here move moderately fast
One thing worth flagging: the predicted market value for houses is $394,252, and that number is drifting down from the 3-month moving average of $400,787. Values have dipped 1.22% recently. It's not a freefall - but it's a signal to pay attention to, especially if you're thinking about timing a sale.
Compared to neighbours, Hilldowns houses averaged $177,000 in sales - so Brookwood is actually coming out ahead there. And if you're eyeing Woodhaven or Spruce Village, expect to pay more. Woodhaven sits at a HonestDoor Price of $475,657 and Spruce Village at $406,019.
Condos - A Different Story
- Average HonestDoor Price: $216,400 (up 3.79%)
- Average sale price: $259,000
- Current average list price: $215,000
- Price per square foot: $232
- Condos sold for 99.30% of list price - almost no wiggle room for buyers
- Average days on market: 13
- Estimated monthly rent: $1,184
- Rental yield: 4.33% - moderate, but workable
- Airbnb estimate: $59 per night
- Transactions in 2026: 8
- Growth rate rank: 16 out of 17 neighbourhoods in Spruce Grove - near the bottom of the leaderboard
- Price rank: 7 out of 12 - below average in price across Spruce Grove
- Days-on-market rank: 4 out of 12 - selling at a moderately fast pace
The condo predicted value sits at $208,498, down from a 3-month moving average of $215,098, and values have dropped 4.27% recently. That growth rank of 16 out of 17 is a real flag. Condos here are taking longer to sell than in nearby Woodhaven (7 days vs. 13 days), which suggests the condo segment is taking a bit of a breather. The HonestDoor Price increase of 3.79% is encouraging, but the short-term trend is worth watching closely.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from months ago, built on broad formulas that don't know your street, your upgrades, or what sold three doors down last month. The HonestDoor Price is updated in real time, using actual transaction data from Brookwood and the surrounding area.
Right now, house values in Brookwood are showing a 1.22% dip in the short term, while the city's assessment is still sitting frozen in the past. If you're making a financial decision - refinancing, selling, or even just figuring out if your insurance coverage makes sense - using a stale government number is a real risk. The HonestDoor Price gives you the real-world check you need, right now, not six months from now.
For condo owners especially, that gap matters. A 4.27% recent value shift is significant. Your assessment won't reflect that. Your HonestDoor Price already does.
The So What - Thinking About Selling This Summer?
If you own a house in Brookwood and you're considering listing this summer, the window is real but it requires a sharp strategy. Buyers are paying 96.63% of list price - so if you overprice, you'll sit. Homes are moving in about 15 days when priced right, which is a decent pace. The affordability angle works in your favour too - Brookwood is the most affordable neighbourhood in Spruce Grove right now, and that attracts first-time buyers who are actively looking.
For condo owners, be honest with yourself about the short-term trend. Values have slipped 4.27% recently and the growth rank is near the bottom of the Spruce Grove leaderboard. That doesn't mean don't sell - it means price it smart from day one. The good news is that condos are still moving in 13 days and buyers are paying very close to list price, so demand isn't gone. It just needs the right number on the sign.
Bottom line: Brookwood is a solid, affordable neighbourhood with real rental upside - especially on the house side with a 5.83% yield. But this is not the market to guess on pricing. Pull your HonestDoor Price, compare it to what's actually selling nearby, and make your move with real numbers in hand.
brookwood | spruce grove | 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.