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

Durham Town Square, Sherwood Park: Your Neighbour Just Texted You This

If you own a home in Durham Town Square and you haven't checked your actual market value lately, now is the time. Prices are moving - and not all in the same direction. Here is the real picture, no fluff.

The Vibe: What Is Actually Happening Out Here

Houses - Taking a Breather, But Still Selling Fast

Our houses are seeing some price softness right now. The average sale price this month sits at $578,750 - that is down 5.9% from last month. Listings are averaging $749,900, and homes are selling at about 98% of list price, so buyers are getting a small discount but sellers are not giving the place away.

Here is the thing that matters though: homes in Durham Town Square are moving in 15 days on average. Compare that to Strathcona Centre at 22 days, and we are clearly a neighbourhood people want to be in. That speed tells you demand is real, even if the top-line price has dipped.

• Average sale price: $578,750 (down 5.9% this month)
• Average list price: $749,900
• Price per square foot: $388
• Sale-to-list ratio: 98.01%
• Average days on market: 15
• Properties sold this month: 4
• Predicted market value: $641,816
• Estimated monthly rent: $2,829
• Rental yield: 5.49%
• Growth rank: 26 out of 53 neighbourhoods in Sherwood Park - above average on the leaderboard

Condos - Active Market, Prices Adjusting

The condo side of Durham Town Square is busy. We had 7 sales this month and 28 transactions already in 2026 - that puts us at rank 2 in all of Sherwood Park for total condo transactions. People are buying here. The average sale price came in at $380,971, which is down 7.9% from last month, but condos are still selling in 20 days, faster than Strathcona Centre at 22 days.

For investors paying attention: the predicted market value for condos here is $461,028, which is notably higher than nearby Strathcona Centre at $378,681. That gap is worth knowing.

• Average sale price: $380,971 (down 7.9% this month)
• Average list price: $388,375
• Price per square foot: $317
• Sale-to-list ratio: 98.38%
• Average days on market: 20
• Properties sold this month: 7
• Predicted market value: $461,028
• Estimated monthly rent: $2,254
• Rental yield: 3.96%
• Growth rank: 22 out of 37 neighbourhoods in Sherwood Park - sitting in the middle of the pack

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

Here is something most homeowners 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 when the market takes a breather like it is doing right now.

The HonestDoor Price is updated in real time using actual transaction data. Right now, the average HonestDoor Price for houses in Durham Town Square is $599,690. For condos, it is $452,698. These numbers reflect what is happening today, not what the city guessed six months ago.

If you are a house owner and your tax assessment is sitting higher than $599,690, that is a conversation worth having - you may be paying more than you should. If it is lower, you have equity you did not know about. Either way, the HonestDoor Price is your real-world check against a number that was never designed to keep up with the market.

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

Straight talk: this is a market where preparation wins. Prices have dipped in the short term for both houses and condos, but Durham Town Square homes are still selling fast - 15 days for houses, 20 for condos. That is not a dead market. That is a market where a well-priced, well-presented home still moves.

A few things to keep in mind if you are thinking about listing this summer:

• Buyers are paying close to list price - 98% - so overpricing will cost you time, not just money
• The gap between average list price ($749,900) and average sale price ($578,750) on houses is wide - price it right from day one
• Rental demand is strong here - houses are yielding 5.49%, which gives you options if you decide to hold instead of sell
• With 28 condo transactions already in 2026, the condo market has real activity - if you own a condo, you have a ready audience
• Check your HonestDoor Price before you call an agent - walk into that conversation knowing your number, not guessing it

The market is not on fire right now, but it is not frozen either. Durham Town Square sits above average on the Sherwood Park neighbourhood leaderboard for house growth (rank 26 of 53) and above average for price (rank 13 of 32). That is a solid foundation. Know your number, price it sharp, and you will find a buyer.

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.