Davidson Creek, Sherwood Park - July 2026 Real Estate Report

Davidson Creek, Sherwood Park: Here's What Your Home Is Actually Worth Right Now

If you've been watching the "For Sale" signs on your street and wondering what's really going on, here's the straight story. Davidson Creek is a neighbourhood in transition - houses are taking a breather while condos are quietly punching above their weight. Let's break it down.

The Vibe: Houses vs. Condos in Davidson Creek

Houses - A Buyer's Window Is Opening

The average sale price for a house here sits at $491,667, down 8.8% from last month. That's a number worth paying attention to. Only 3 houses sold this period - down 40% - which tells us inventory is thin and sellers are being selective. The good news? The homes that did sell moved in 20 days on average, which is actually faster than Lakeland Ridge at 24 days. So demand hasn't disappeared. It's just being picky.

• Average sale price: $491,667 (down 8.8% from last month)
• Average list price: $500,000
• Sale-to-list ratio: 99% - buyers are getting a small discount
• Average days on market: 20 days
• Price per square foot: $437
• Predicted market value: $554,858 (up from 3-month average of $542,891)
• Estimated rent: $2,704/month with a 5.56% rental yield

That predicted value climbing to $554,858 while sale prices dip is an interesting split. It suggests the market is in a short-term soft patch, not a long-term slide. On the neighbourhood leaderboard, Davidson Creek houses rank 26 out of 54 for growth in Sherwood Park - solidly above average. Days-on-market ranks 12 out of 26, meaning we're moving homes at a moderately fast clip. Price rank sits at 18 out of 32, which puts us in the affordable-to-mid range for Sherwood Park.

Condos - Small Market, Fast Moves

The condo story here is different, and honestly more interesting. Only 1 condo sold this period, but it sold at 100.04% of list price - meaning the buyer paid over asking. It sat on the market for just 9 days, faster than Lakeland Greens at 13 days. When a condo sells that fast and over list, that's a sellers' market signal, even with thin volume.

• Average sale price: $285,000
• Average list price: $284,900
• Sale-to-list ratio: 100.04% - buyers paid above asking
• Average days on market: 9 days
• Price per square foot: $221
• HonestDoor Price: $295,084 (up 6.89% from previous period)
• Estimated rent: $1,491/month with a 4.23% rental yield

The HonestDoor Price for condos is up 6.89% - that's the real-world signal. On the neighbourhood leaderboard, condo growth ranks 32 out of 37 in Sherwood Park, so appreciation isn't the headline here. But days-on-market ranks 2 out of 17 - that means Davidson Creek condos are among the fastest-selling in all of Sherwood Park. If you own one, that's leverage.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that house predicted values in Davidson Creek just climbed to $554,858, or that condo HonestDoor Prices jumped 6.89% in the latest period. The HonestDoor Price updates in real time using actual transaction data, current listings, and market signals. It's the difference between checking yesterday's weather and looking out the window right now.

If you're a house owner in Davidson Creek, your HonestDoor Price of $532,858 is the number a real buyer would reference today - not whatever the assessment said last January. That gap between your assessment and your HonestDoor Price could be thousands of dollars you're either leaving on the table or overpaying tax on. Worth knowing either way.

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

For house sellers, the market is taking a breather. Sale prices dipped and volume is low. But here's the counter-argument - properties are still moving in 20 days, the predicted value trend is pointing up, and you're competing against very few other listings right now. Less competition can work in your favour if you price it right. Coming in at or just under $500,000 puts you in line with where buyers are already looking.

For condo sellers, the window looks better right now. One condo sold over asking in under 10 days. That's not a fluke - that's a thin supply story. If you've been sitting on the fence, this summer could be your moment before more listings hit the market.

Either way, the first step is checking your HonestDoor Price today - not your tax assessment, not a neighbour's guess. The real number, based on what's actually happening in Davidson Creek right now.

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.