Broxton Park, Spruce Grove - October 2026 Real Estate Report
Broxton Park, Spruce Grove: Here Is What Your Home Is Actually Worth Right Now
If you have been glancing at your last property tax assessment and assuming that is what your home is worth, it is time for a reality check. The numbers on the ground in Broxton Park tell a more interesting story - and depending on whether you own a house or a condo, that story is very different.
The Vibe: Houses vs. Condos in Broxton Park
Let us start with houses, because that is where most of us live. The average sale price for a house here just hit $430,000 - up 9.4% from last month. That is not a typo. Homes are selling in an average of 17 days, which is actually faster than nearby Mobile City Estates at 18 days. We are moving product quickly. The average HonestDoor Price sits at $426,822, and the predicted market value comes in at $433,733. Sellers are getting 99.37% of their list price, which means buyers are not getting big discounts - but they are not overpaying either. This is a tight, competitive market for houses right now.
- Average House Sale Price: $430,000 (up 9.4% from last month)
- Average Days on Market: 17 days
- Sale-to-List Price Ratio: 99.37%
- HonestDoor Price: $426,822
- Predicted Market Value: $433,733
- Price Per Square Foot: $312
- Estimated Monthly Rent: $2,236
- Rental Yield: 5.77%
- Neighbourhood Growth Rank: 7 out of 18 in Spruce Grove - above average
Now condos. This is where things get unusual. The average HonestDoor Price for a condo in Broxton Park is $4,940,568 - up 2.03% from the previous period. The predicted market value is $4,842,139, which is climbing above the 3-month moving average of $4,680,133. That upward trend is meaningful. On the neighbourhood leaderboard for condo growth, Broxton Park ranks 3rd out of 17 neighbourhoods in Spruce Grove. That puts us near the top of the city for condo value momentum. Every comparable neighbourhood nearby - Spruce Grove, Mobile City Estates, and Westgrove - comes in cheaper on condos. We are leading the pack here.
- Average Condo HonestDoor Price: $4,940,568 (up 2.03%)
- Predicted Market Value: $4,842,139
- 3-Month Moving Average: $4,680,133 (values trending up)
- Estimated Monthly Rent: $12,694
- Rental Yield: 1.24%
- Condo Growth Rank: 3 out of 17 in Spruce Grove - top performer
- Airbnb Rank in Spruce Grove: 1st
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about government assessments - they are a snapshot from months ago, sometimes longer. They do not know that house prices in Broxton Park just jumped 9.4% in a single month. They do not know that condo values here are trending above their 3-month average right now. Your tax assessment is looking in the rearview mirror. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. For houses, that means a live estimate of $426,822 with a predicted value of $433,733. For condos, it means catching a 2.03% increase that a static assessment would have missed entirely. If you are making any financial decision - refinancing, selling, or just figuring out your net worth - the HonestDoor Price is the number you want in your hand, not a document from last year.
The So What - What This Means If You Are Thinking About Selling This Summer
For house owners, the timing is genuinely good. Prices are up, homes are moving fast at 17 days on average, and buyers are paying close to full ask. You are not leaving money on the table right now. The rental yield of 5.77% also means investors are paying attention to Broxton Park - which keeps demand healthy. The one thing to watch is that the 3-month predicted value trend is slightly down from $437,050 to $433,733. Nothing alarming, but it suggests the peak of this particular wave may be close. Listing this summer while momentum is still strong makes sense.
For condo owners, the picture is different but equally compelling. Values are rising, you rank near the top of Spruce Grove for growth, and you are priced above every comparable neighbourhood nearby. If you own a condo here and have been sitting on it, the market is rewarding patience right now. That said, a rental yield of 1.24% means this asset class is more about appreciation than cash flow - so if your goal is to cash out and redeploy, the current upward trend gives you a strong window to do exactly that.
Bottom line - Broxton Park is not the cheapest neighbourhood in Spruce Grove, but it is earning its price tag. Check your HonestDoor Price today, because the number might surprise you.
broxton park | 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.