Broxton Park, Spruce Grove - September 2026 Real Estate Report

Broxton Park, Spruce Grove: What Your Neighbours Are Not Telling You About Home Prices Right Now

If you have been watching the "For Sale" signs on your street and wondering what is actually going on, here is the straight story. Broxton Park is in an interesting spot right now - not crashing, not exploding, but sending some clear signals that every homeowner here should pay attention to.

The Vibe: Houses vs. Condos - Two Very Different Stories

We are seeing a real split in this neighbourhood depending on what you own. Let us break it down.

Houses in Broxton Park

The house market is taking a breather. The average sale price sits at $419,833, which is down 12.5% from last month. That is a number worth noticing. Active listings are averaging $487,450, and homes are selling at about 98.45% of list price - meaning buyers are getting a small discount, but sellers are not giving the place away.

• Average HonestDoor Price: $433,733 (down 0.70% from the previous period)
• Average sale price: $419,833
• Current average list price: $487,450
• Price per square foot: $452
• Sale-to-list ratio: 98.45% - buyers are paying just under asking
• Average days on market: 44 days
• Properties sold this period: 3 - up 50% from last month
• Estimated monthly rent: $2,255
• Rental yield: 5.76%

Here is the good news for us on the house side - 44 days to sell is actually faster than nearby Spruce Grove, where homes are sitting for 55 days. So while prices have dipped, demand is not dead. Buyers are still showing up. The growth rate also ranks 4 out of 19 neighbourhoods in Spruce Grove - that puts Broxton Park houses in the above-average category on the neighbourhood leaderboard. That matters when you are comparing your options.

On the rental side, a 5.76% yield is genuinely solid. If you are holding a house here as an investment, the numbers are working in your favour.

Condos in Broxton Park

The condo picture is a completely different conversation. We are talking about an average HonestDoor Price of $4,842,139 - up 2.82% from the previous period. The predicted market value is $4,709,542, and that figure is climbing above the 3-month moving average of $4,578,771. Values have moved up 4.92% recently, which ranks 4 out of 17 neighbourhoods in Spruce Grove for growth. Again, above average on the leaderboard.

• Average HonestDoor Price: $4,842,139 (up 2.82%)
• Predicted market value: $4,709,542
• 3-month moving average: $4,578,771 - and current value is above it
• Recent value change: up 4.92%
• Estimated monthly rent: $12,530
• Airbnb rank in Spruce Grove: No. 1
• Airbnb income estimate: $622 per month

That No. 1 Airbnb rank in all of Spruce Grove is a standout stat. If you own a condo here and have not thought about short-term rental income, that ranking says the market is paying attention to Broxton Park condos in a big way.

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for Your Tax Assessment

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that house sale prices just moved 12.5% in a single month. It does not know that condo values are trending up 4.92%. It is basically a photo of a market that has already changed.

The HonestDoor Price is updated in real time using actual transaction data, current listings, and live market signals. For houses, it is sitting at $433,733 right now. For condos, it is $4,842,139. Those are not guesses - they are built from what is actually happening on the ground in Broxton Park today.

If you are making any decision - selling, refinancing, even just figuring out if your insurance coverage makes sense - your government assessment is the wrong number to use. The HonestDoor Price is the real-world check that reflects what a buyer would actually pay today.

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

If you own a house in Broxton Park and are thinking about listing this summer, here is the honest read. The market is not on fire, but it is not frozen either. Homes are moving faster here than in neighbouring Spruce Grove. Three sales went through recently, up 50% from the month before - that is momentum, even if prices have softened.

The gap between list prices ($487,450) and sale prices ($419,833) tells you that buyers are negotiating. Price your home sharp and you will attract real offers. Price it like it is 2022 and you will sit on the market. At 44 days average, you have a window - but it is not wide open.

For condo owners, the story is more straightforward. Values are rising, the growth rank is strong, and Broxton Park sits well above every nearby neighbourhood in condo pricing. If you are thinking about selling, the trend is currently working in your favour.

Bottom line - check your HonestDoor Price before you do anything else. It takes about 30 seconds and it will tell you more about where you actually stand than any assessment notice sitting in your mailbox.

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.