Chelsea Heights, Sherwood Park - September 2026 Real Estate Report

Chelsea Heights, Sherwood Park: Your Neighbour Just Got a Raise - Did You?

The Vibe Right Now

If you've been watching the "For Sale" signs in Chelsea Heights lately, here's what's actually happening. Houses are moving fast - we're talking an average of 8 days on market. That's quicker than Davidson Creek next door, which is sitting at 9 days. Two homes sold recently, and buyers are paying 99.15% of list price. That's not a fire sale, but it's not a bidding war either. This is a stable, grounded market where serious buyers are showing up and deals are getting done without a lot of drama.

The average sale price for houses is sitting at $577,000, with current listings averaging $585,000. Price per square foot is around $428. For us as homeowners here, that's a solid floor. The market isn't running hot, but it isn't cooling off either. Think of it as a steady hand on the wheel.

The Neighbourhood Leaderboard

Here's a stat worth knowing. Chelsea Heights ranks 20 out of 53 neighbourhoods in Sherwood Park for growth rate. That puts us in above-average territory - not leading the pack, but well ahead of the middle. For days on market, we rank 6 out of 24, which means our homes sell faster than most comparable spots in the city. On price, we rank 12 out of 32, placing us above average there too. Three solid rankings. That's not a fluke - that's a neighbourhood with real demand behind it.

The Secret Sauce: Your HonestDoor Price vs. That Old Assessment

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know what sold on your street last week. The HonestDoor Price does. Right now, the average HonestDoor Price in Chelsea Heights is $619,883, up 3.15% from the previous period. The predicted market value for houses is $600,965, which is already climbing past the 3-month moving average of $597,900.

That gap between your old assessment and your HonestDoor Price? That's real money sitting on the table. If you're making any decision about your home - selling, refinancing, even just knowing where you stand - the HonestDoor Price is the real-world check you need. It's updated, it's local, and it reflects what buyers are actually paying right now, not what a government formula calculated last year.

• Average HonestDoor Price: $619,883 (up 3.15%)
• Predicted market value for houses: $600,965
• 3-month moving average: $597,900 - and rising
• Average sale price: $577,000
• Price per square foot: $428

How Does Chelsea Heights Stack Up Nearby?

Quick comparison for context. Davidson Creek has an average HonestDoor Price of $547,588. Lakeland Greens comes in at $569,217. Lakeland Ridge is slightly ahead of us at $646,101. Chelsea Heights sits comfortably in the middle of that range - more affordable than Lakeland Ridge, but priced above Davidson Creek and Lakeland Greens. For buyers, that's a meaningful value story. For sellers, it means you're not competing at the top of the market, which often means less friction and faster deals.

The So What - Should You Sell This Summer?

If you've been on the fence, here's the honest take. Homes here are selling in 8 days. Buyers are paying close to full list price. Values are ticking up, not down. The rental yield on houses is 5.44%, which means investors are paying attention too - and investor interest keeps a floor under prices.

The average rental estimate is $3,016 per month, which adds another layer of demand from buyers who might rent the property if they don't move in right away. That's a wider buyer pool for you as a seller.

Summer is typically when families want to move before school starts. Inventory in Chelsea Heights is tight - only 2 properties sold recently. If you list a well-priced home in the next few weeks, you're not fighting a crowded field. You're one of a handful of options for motivated buyers who want to be settled before September.

Check your HonestDoor Price first. Know your number. Then decide. That's the move.

• Average days on market: 8 - faster than Davidson Creek
• Sale-to-list ratio: 99.15% - buyers are serious, not lowballing
• Rental yield: 5.44% - strong investor appeal
• Average rental estimate: $3,016 per month
• Growth rank: 20 out of 53 neighbourhoods in Sherwood Park

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.