Durham Town Square, Sherwood Park - October 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, now is the time. The market here is sending mixed signals - and the gap between what the city thinks your place is worth and what buyers are actually paying is wider than most people realize.
The Vibe: Houses vs. Condos
Houses - Taking a Breather
Let's be straight with each other. The house market in Durham Town Square is cooling off. The average sale price sits at $543,500, which is down 6.1% from last month. Only 3 houses sold, down 25% from the month before. That's a slow month by any measure.
- Average sale price: $543,500 (down 6.1% month-over-month)
- Average list price: $749,900
- Price per square foot: $382
- Sold-to-list ratio: 98.01% - buyers are negotiating below ask
- Average days on market: 15
- Properties sold this period: 3
The predicted market value for houses is $599,690, and that number is sliding - it's down from a 3-month moving average of $625,384. On the neighbourhood leaderboard, house growth ranks 49 out of 51 in Sherwood Park. That puts us near the bottom of the pack right now. The one bright spot? Houses here sell relatively fast - a days-on-market rank of 7 out of 24 means when a house is priced right, it moves.
The rental picture is stronger than the sales picture. Estimated rent comes in at $2,917 per month with a rental yield of 5.44%. If selling feels uncertain, holding and renting is a real option worth running the numbers on.
Condos - A Different Story
We are seeing something very different on the condo side. Six condos sold this period, and the average sale price jumped to $493,292 - up 29.5% from last month. That is a big swing. Volume is still down slightly from the month before, but the price movement tells us buyers are serious when the right unit hits the market.
- Average sale price: $493,292 (up 29.5% month-over-month)
- Average list price: $544,900
- Price per square foot: $362
- Sold-to-list ratio: 98.43% - close to full ask
- Average days on market: 24
- Properties sold this period: 6
The predicted condo value is $452,698, slightly below the 3-month moving average of $457,755, so there is a mild softening trend to watch. On the neighbourhood leaderboard, condo growth ranks 17 out of 37 in Sherwood Park - that puts us solidly above average. Price rank is 4 out of 21, meaning Durham Town Square condos are among the most expensive in the city. That is a strong position to be in.
Rental yield on condos comes in at 3.97% with an estimated rent of $2,226 per month. Moderate, but steady. The HonestDoor Price for condos is $445,344, down a modest 1.62% from the previous period - a small dip, not a freefall.
The Secret Sauce: Why Your HonestDoor Price Matters More Right Now Than Your Tax Assessment
Here is the thing about your city assessment - it is a snapshot from months ago, built on sales data that is already old by the time it lands in your mailbox. The market in Durham Town Square has moved. Prices on houses have shifted by -6.56% recently. Condo values have adjusted too. Your assessment does not know any of that.
The HonestDoor Price is updated in real time using actual transaction data. For houses, it sits at $637,016 - up 6.22% from the previous period. For condos, it is $445,344. These numbers reflect what is happening on the ground right now, not what was happening last year. If you are making any decision - refinancing, selling, or just figuring out where you stand - the HonestDoor Price is the real-world check your assessment cannot give you.
Compare that to your neighbours. Strathcona Centre houses are averaging $629,871 and Clover Bar Ranch sits at $602,911. Durham Town Square houses are priced above both. On the condo side, we are well above Strathcona Centre ($374,195) and Lakeland Ridge ($321,052). Knowing where you stand on that leaderboard is worth something.
The So What: Thinking About Selling This Summer?
If you own a house in Durham Town Square and you are thinking about listing this summer, the data is telling you to move with intention. Prices are softer, fewer buyers are closing deals, and the growth rank of 49 out of 51 means this is not a market where you can overprice and wait. Buyers are paying 98% of list - not over ask. Price it sharp, or it sits.
If you own a condo, your position is stronger. You are in one of the top-priced condo pockets in Sherwood Park, and last month's sales showed real buyer demand. The 30 condo transactions recorded in 2026 and a total transaction rank of 1 in Sherwood Park means this is the most active condo market in the city. That is leverage.
Either way, the first step is the same - check your HonestDoor Price today. Not next month when the assessment arrives. Today. The market is not waiting, and neither should you.
durham town square | sherwood park | october 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.