Clover Bar Ranch, Sherwood Park - August 2026 Real Estate Report

Clover Bar Ranch Real Estate Update: Your House Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in Clover Bar Ranch lately, here's what's actually happening. The market is sending two very different signals depending on whether you own a house or a condo - and knowing which camp you're in could change how you think about your next move.

Houses: Prices Are Up, But the Market Is Selective

The average sale price for houses in Clover Bar Ranch hit $699,202 this period - that's a 22.2% jump from last month. Before you get too excited, context matters here. Only 3 houses sold, which is down 25% from the month before. A small number of sales can swing averages hard, so treat that price spike as a signal to watch, not a guarantee.

What we can say with confidence: houses are selling at 99.4% of list price. Buyers are paying close to asking, but not over it. Homes are sitting on the market for an average of 26 days. That's not flying off the shelf, but it's not collecting dust either.

• Average sale price: $699,202 (up 22.2% from last month)
• Average list price this month: $703,036
• Price per square foot: $455
• Sale-to-list ratio: 99.4% - buyers are paying just under asking
• Average days on market: 26
• Properties sold this period: 3

On the neighbourhood leaderboard, houses in Clover Bar Ranch rank 7 out of 32 for price in Sherwood Park - that puts us in the top quarter for value. Growth rate sits at 34 out of 54, which is below average for now. The market is taking a breather on appreciation, but the price floor here is still strong compared to most of the city.

Condos: Fast, Competitive, and Expensive

The condo story in Clover Bar Ranch is a different beast entirely. One condo sold in 6 days - that's the fastest days-on-market rank in all of Sherwood Park (rank 1 out of 19). And it sold at 104.82% of list price. That means a buyer paid over asking. That is a sellers' market, full stop.

Condos here also rank 2 out of 21 for price across Sherwood Park. We are near the top of the leaderboard. Compare that to nearby neighbourhoods like Palisades, Strathcona Centre, and Durham Town Square - every single one of them comes in cheaper than Clover Bar Ranch condos. That premium is real.

• Average sale price: $655,100
• Average list price this month: $625,000
• Price per square foot: $503
• Sale-to-list ratio: 104.82% - buyers are paying over asking
• Average days on market: 6
• Properties sold this period: 1
• Airbnb rank in Sherwood Park: 11 out of all neighbourhoods

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from months ago, built on old data, and it does not move when the market moves. The HonestDoor Price is updated in real time using actual transaction data. That difference matters when you're making a decision worth hundreds of thousands of dollars.

Right now, the average HonestDoor Price for a house in Clover Bar Ranch is $610,313. For a condo, it's $918,155. Your city assessment is not telling you either of those numbers. If you're a condo owner especially, your property is likely being undervalued on paper while the actual market is paying a premium to get in here fast.

Think of the HonestDoor Price as the real-world check - the number that reflects what a buyer would actually put on a contract today, not what a government office calculated last year.

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

If you own a condo in Clover Bar Ranch and you've been on the fence about selling, the data is telling you something clear. Condos are moving in under a week and buyers are paying above list. That combination does not last forever. Summer inventory typically rises, which means more competition for sellers. Getting ahead of that wave makes sense.

If you own a house, the picture is more nuanced. Prices are high relative to Sherwood Park - top quarter - and the HonestDoor Price of $610,313 gives you a solid baseline. With a rental yield of 5.43% on houses, holding is also a legitimate play if selling doesn't feel urgent. That yield is strong enough that keeping it as a rental is not a consolation prize.

Either way, the move right now is to check your HonestDoor Price before you do anything else. Don't let a stale tax assessment be the number you're negotiating from. The market has moved. Your starting point should reflect that.

• House HonestDoor Price: $610,313 (up 0.67%)
• House rental estimate: $2,961 per month
• House rental yield: 5.43% - strong returns
• Condo HonestDoor Price: $918,155 (up 0.63%)
• Condo rental estimate: $3,291 per month
• Condo Airbnb rank in Sherwood Park: 11 - top tier short-term rental potential

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.