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

Durham Town Square, Sherwood Park: Your Neighbours Are Watching the Numbers. You Should Too.

The Vibe Right Now

If you own a home in Durham Town Square, you are sitting in one of Sherwood Park's quietly strong spots. Prices are moving, condos are flying off the market, and the gap between what the city thinks your place is worth and what buyers will actually pay is wider than most people realize. Here is the honest breakdown.

Houses - Strong Growth, Fast Sales

The house market here is doing something interesting. Yes, the average sale price dipped to $509,900 this month - down from last month - but do not let that single number spook you. The bigger story is that the one house that sold went for 103.86% of the list price. That means a buyer paid above asking. That does not happen in a dead market.

Homes are sitting on the market for an average of just 8 days. That is a days-on-market rank of 3 out of 22 neighbourhoods in Sherwood Park. Three. That is elite territory. When a house hits the MLS here, it does not linger.

• Average HonestDoor Price: $639,140 - up 5.62% from the previous period
• Predicted market value: $605,156 - up from the 3-month average of $575,654
• Average sale price this month: $509,900
• Price per square foot: $427
• Average days on market: 8
• Sold-to-list ratio: 103.86%
• Estimated monthly rent: $2,813
• Rental yield: 5.51%
• Growth rank: 6 out of 53 neighbourhoods in Sherwood Park

That growth rank is the one to bookmark. Out of 53 comparable neighbourhoods across Sherwood Park, Durham Town Square houses rank 6th for value growth. That puts us in the top 12% of the city. Not bad for a neighbourhood that does not always make the headlines.

Condos - The Busiest Corner of the Market

If houses are the steady performer, condos are the ones turning heads right now. Four condos sold this month, the average sale price jumped 30.4% from last month to $483,250, and buyers are still paying above list - 100.71% of asking price on average. Listings are sitting at $455,720, so the gap between list and sale is real money.

We are also selling faster than nearby Clover Bar Ranch, where condos average 19 days on market. Here in Durham Town Square, condos are moving in 14 days. That is a meaningful difference when you are a seller trying to avoid carrying costs through a long listing period.

• Average HonestDoor Price: $443,852 - down 1.24% from the previous period
• Predicted market value: $449,444 - up from the 3-month average of $434,396
• Average sale price this month: $483,250
• Price per square foot: $376
• Average days on market: 14
• Sold-to-list ratio: 100.71%
• Total transactions in 2026: 14 - transaction rank of 2 in Sherwood Park
• Estimated monthly rent: $2,203
• Rental yield: 3.98%
• Growth rank: 25 out of 37 neighbourhoods in Sherwood Park

The condo growth rank is more middle-of-the-pack at 25 out of 37, so this is not a neighbourhood where condo values are screaming upward. But the transaction volume tells a different story - a rank of 2 out of all Sherwood Park neighbourhoods means buyers are choosing Durham Town Square condos over almost everywhere else. Demand is real, even if appreciation is moderate.

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

Here is the thing most homeowners in Durham Town Square do not know. Your city assessment is a snapshot from the past. It is calculated using data that can be 12 to 18 months old by the time it lands in your mailbox. The market does not wait for paperwork.

The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and neighbourhood-level trends. For houses here, that number is $639,140 - reflecting a 5.62% increase from the previous period. Your tax assessment almost certainly does not show that gain yet. That gap is not just a number on a screen. It is the difference between knowing what your home is worth today versus what a government spreadsheet thought it was worth last year.

If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage is still adequate - the HonestDoor Price is the real-world check you need. The assessment is a starting point. The HonestDoor Price is where the conversation with a buyer actually begins.

The So What - Should You Sell This Summer?

If you own a house in Durham Town Square and you have been on the fence, the data is nudging you toward the door. Homes are selling in 8 days. Buyers are paying over asking. Values are up 5.62% and the neighbourhood ranks 6th out of 53 in Sherwood Park for growth. Summer inventory tends to rise, which means more competition from other sellers. Getting ahead of that wave makes sense.

For condo owners, the picture is still solid but slightly different. Values have dipped 1.24% on the HonestDoor Price, and the growth rank is below average for Sherwood Park. That said, 14 condos have already transacted in 2026 - the second-highest volume in the city - which means buyers are actively looking here. If your unit is well-maintained and priced right, you are not going to sit long.

The short version: Durham Town Square is not a market where you wait and see. The buyers are already here. The question is whether your listing will be ready when they come looking.

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.