Durham Town Square, Sherwood Park - July 2026 Real Estate Report

Durham Town Square, Sherwood Park: What Your Neighbour Hasn't Told You Yet

If you own a home in Durham Town Square and you haven't checked your HonestDoor Price lately, you're probably working off a number that doesn't reflect what's actually happening on your street right now. Here's the real picture.

The Vibe: Houses vs. Condos

Houses - Strong Long Game, Soft Short Term

We've seen some softness in the recent sale numbers - the average house sold for $526,833 this month, down 4.4% from last month. Buyers are paying 99.58% of list price, which means they're getting a small discount at the table. That's a shift worth noting.

But here's the thing - our houses are still moving faster than the competition. The average days on market is 24, compared to 33 days in nearby Strathcona Centre. That gap matters. Faster sales mean sellers aren't sitting around waiting and dropping their price out of desperation.

• Average sale price: $526,833 (down 4.4% from last month)
• Average list price this month: $529,667
• Price per square foot: $396
• Average days on market: 24
• Sale-to-list ratio: 99.58%
• Properties sold in 2026: 9
• Rental yield: 5.45%
• Estimated monthly rent: $2,937

The predicted market value for houses sits at $641,210 - well above the recent sale average - and it's climbing against the 3-month moving average of $607,244. That 5.96% recent value change has us ranked 7th out of 54 neighbourhoods in Sherwood Park for growth. That's a top-tier leaderboard position. We're not just holding our own - we're outrunning most of the city.

Condos - The Busiest Corner in Sherwood Park

Condos here are a different story, and honestly a pretty interesting one. We had 19 condo transactions in 2026 already, which ranks us 2nd out of all Sherwood Park neighbourhoods for total transaction volume. That's not a slow market - that's a busy one.

The average condo sold for $344,967 this month, which is above what buyers are paying in nearby Strathcona Centre ($326,417). Sellers here are getting 100% of list price - no discounting, no negotiating down. Buyers are paying exactly what's asked.

• Average sale price: $344,967
• Average list price this month: $274,900
• Price per square foot: $316
• Average days on market: 42
• Sale-to-list ratio: 100%
• Properties sold in 2026: 19
• Rental yield: 3.99%
• Estimated monthly rent: $2,176

Condos are taking a bit longer to sell at 42 days versus 33 in Strathcona Centre, so the market is taking a breather on that front. But the HonestDoor Price for condos is up 3.53% from the previous period to $459,539, and our growth rank sits 4th out of 37 comparable neighbourhoods. That's a strong leaderboard position for condo owners watching their equity build.

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

Here's the honest truth about government assessments - they're a snapshot from months ago, sometimes longer. They don't know that houses in Durham Town Square have a predicted market value of $641,210 right now, or that condo values are up 3.53% in the most recent period. That assessment sitting in your drawer is already old news.

The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and neighbourhood-level trends. For houses, that means a current read of $634,647. For condos, it's $459,539 and climbing. These aren't guesses - they're built from what buyers are actually paying on streets like yours, right now.

If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage still makes sense - the HonestDoor Price is the number to start with. Not the one the city mailed you.

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

If you own a house in Durham Town Square and you're thinking about listing this summer, the timing conversation is real. Sale prices dipped this month, but the predicted value is heading in the right direction and we're outselling most of Sherwood Park on the growth leaderboard. The buyers who are showing up are serious - 24 days on market and near-full list price offers say that clearly.

For condo owners, the picture is solid. You're getting full list price when you sell, your HonestDoor Price is up over 3.5%, and you're in one of the most active condo markets in the city by transaction volume. The 42-day average is something to plan around - price it right from day one and you won't be sitting.

Either way, the move right now is to check your HonestDoor Price before you call an agent, set a list price, or assume your home is worth what the city says it is. The gap between those numbers might surprise you - and that gap is money in your pocket.

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.