If you have been watching the "For Sale" signs around Clover Bar Ranch lately, here is the honest picture. The market is taking a breather on the house side, while condos are doing something completely different. We are not in a freefall - but we are not in a frenzy either. Let us break it down by property type so you know exactly where you stand.
The average HonestDoor Price for a house in Clover Bar Ranch sits at $625,957 - up 2.56% from the previous period. That is the good news. The more recent sales data, though, tells a slightly different story. The average sale price this month came in at $588,820, which is down 6.0% from last month. Ten houses sold, and they sat on the market for an average of 42 days before finding a buyer.
Buyers paid 98.62% of list price on average. That means sellers are giving a little ground at the negotiating table. Not a lot - but enough to notice. The predicted market value for houses is $610,313, which is just below the 3-month moving average of $613,018. The market is drifting slightly lower, not crashing.
For landlords and investors in the neighbourhood, that 5.43% rental yield is worth paying attention to. With an estimated rent of $2,961 per month, houses here are pulling real income. That is not a number you see everywhere in Sherwood Park.
Condos in Clover Bar Ranch are a different animal right now. The average HonestDoor Price is $880,747 - which makes these among the most expensive condos in Sherwood Park (ranked 2nd out of 21 neighbourhoods). When condos do sell here, they move fast. The average days on market is just 7 days, and that earns Clover Bar Ranch the top spot - ranked 1st out of 19 - for condo selling speed in Sherwood Park.
The catch? The HonestDoor Price is down 4.27% from the previous period, and the average sale price this month dropped to $532,500 - down 18.7% from last month. Now, only 2 condos sold this month, so that swing is partly a small-sample-size story. What is interesting is that buyers still paid 102.73% of list price. So when a condo hits the market here, people want it - and they are willing to pay over asking to get it.
Here is something most neighbours do not think about until it is too late. Your city assessment is a snapshot from months ago - sometimes longer. It does not know what sold on your street last week. It does not adjust for the fact that condo prices here are swinging month to month, or that house buyers are now negotiating a little harder than they were before.
The HonestDoor Price is updated in real time using actual sales data. For houses, it is sitting at $625,957 right now. For condos, it is $880,747. Those numbers reflect what is actually happening in the market today - not what a government office calculated last year. If you are making any decision about your home - selling, refinancing, or just figuring out your net worth - the HonestDoor Price is the real-world check you need before you rely on a number that is already out of date.
Compared to nearby neighbourhoods, Clover Bar Ranch houses are priced above average for Sherwood Park. Strathcona Centre comes in slightly higher at an average HonestDoor Price of $651,114, while Palisades sits well below at $373,931. Knowing where you sit on that spectrum is the difference between pricing your home to sell and leaving money on the table.
For house sellers - the window is still open, but it is not as wide as it was. Buyers are taking 42 days on average to make a decision, and they are coming in just under asking price. That means your list price needs to be sharp from day one. Overpricing right now will cost you time, and time costs you money when the market is drifting lower. The predicted value of $610,313 is your anchor - price around that range and you are in the conversation.
For condo sellers - you are in a better spot than you might think. Yes, the HonestDoor Price dipped 4.27%, but condos here are selling in 7 days and buyers are paying over asking. If you list a well-presented condo this summer, the demand is there. The key is getting the price right relative to that $920,045 predicted market value - not the lower recent sale averages that are being skewed by only a handful of transactions.
Bottom line for Clover Bar Ranch: houses are in a cooling buyers' market where preparation and pricing matter more than ever. Condos are scarce, fast-moving, and commanding premium prices. Either way, check your HonestDoor Price before you make a move. It is the most current number you have got.
clover bar ranch | sherwood park | september 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.