If you own a home in Clover Bar Ranch and the last number you checked was your city assessment, you are probably looking at the wrong number. Here is what is actually happening on our streets right now.
We are seeing a split market in Clover Bar Ranch right now, and it matters a lot depending on what you own.
The house market is cooling off. The average sale price for houses sits at $572,250, which is down 11.4% from last month. That is a number worth paying attention to. Listings are averaging $559,707 right now, and buyers are paying about 98% of list price - meaning they are negotiating, and winning. Houses are sitting on the market for an average of 27 days, and only 4 sold recently, down 33% from the month before.
The short-term sales data looks soft, but the predicted value of $622,799 is sitting above that 3-month average of $605,882. So while the month-to-month feels bumpy, the underlying trend for houses here is still pointing upward. The 5.40% rental yield is genuinely strong - if you are thinking about holding instead of selling, the numbers support that too.
The condo side of Clover Bar Ranch is a completely different conversation. One condo sold recently, and it went for 104.82% of list price. That means the buyer paid above asking. The average sale price jumped to $655,100, up 45.6% from last month. Condos here are moving in just 6 days on average.
Condo owners here are sitting on some serious value. Compared to nearby neighbourhoods like Palisades ($302,330), Strathcona Centre ($373,767), and Durham Town Square ($459,539), Clover Bar Ranch condos are priced significantly higher. If you own a condo here, you are in a different league than most of Sherwood Park.
Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that condo buyers in Clover Bar Ranch are currently paying over asking price. It does not know that the predicted house value here is $622,799 while the 3-month trend is climbing. It is a static number in a moving market.
The HonestDoor Price is updated in real time using actual transaction data, current listings, and live market signals. For houses in Clover Bar Ranch, the average HonestDoor Price is $606,497. For condos, it is $910,686. These numbers reflect what is happening right now - not what happened last year when the city locked in your assessment.
If you are making any decision about your home - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need. Your assessment is a starting point. The HonestDoor Price is the actual conversation.
It depends on what you own, and the answer is pretty clear-cut.
If you own a condo, the timing is genuinely good. Buyers are paying over asking, properties are gone in less than a week, and your price rank puts you near the top of Sherwood Park. The predicted value of $897,860 is strong. If you have been thinking about it, this summer is worth a serious conversation with your agent.
If you own a house, the picture is more nuanced. The month-to-month data is soft - fewer sales, longer days on market, buyers getting small discounts. But the predicted value of $622,799 and the upward 3-month trend suggest the fundamentals are still solid. Clover Bar Ranch houses rank 12 out of 54 neighbourhoods for growth in Sherwood Park. That is a top-quarter finish on the neighbourhood leaderboard. You are not in a bad spot - you just need to price sharp and be patient.
Either way, check your HonestDoor Price before you do anything. It takes two minutes and it will tell you more than any assessment notice sitting in your kitchen drawer.
clover bar ranch | sherwood park | july 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.