Emerald Hills, Sherwood Park - October 2026 Real Estate Report
Emerald Hills Real Estate: What Your Neighbour Hasn't Told You Yet
If you own a home in Emerald Hills 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 you'd expect.
The Vibe: Houses vs. Condos in Emerald Hills
Houses - Strong Prices, But Patience Required
Here's the honest picture for us house owners in Emerald Hills. Sale prices are up - the average sold price hit $491,067 this month, a jump of 17.9% from last month. That sounds great. But before we pop the champagne, homes are sitting on the market for an average of 42 days. Nearby Aspen Trails is moving homes in 30 days. That gap tells us buyers have options, and they know it.
- Average HonestDoor Price: $569,782 (down 2.78% from last period)
- Average sale price this month: $491,067
- Average list price this month: $512,933
- Price per square foot: $322
- Homes selling at: 98.09% of list price - buyers are negotiating
- Average days on market: 42 days
- Properties sold this month: 6
- Predicted market value: $586,096
- Rental estimate: $2,823 per month
- Rental yield: 5.48% - that is a solid return
- Airbnb estimate: $140 per night
- Neighbourhood leaderboard - Growth rank: 36 out of 51 in Sherwood Park
- Neighbourhood leaderboard - Days-on-market rank: 17 out of 24 (slower side)
- Neighbourhood leaderboard - Price rank: 26 out of 32 (one of the more affordable options)
We are sitting in the affordable tier of Sherwood Park for houses, which is actually a selling point if we frame it right. Buyers priced out of Aspen Trails ($673,105 average HonestDoor Price) are looking our way. That is real demand we can work with.
Condos - Steady, Not Spectacular
The condo side of Emerald Hills is a different story. Things are calm - almost too calm. One condo sold this month at $320,000, and that price has barely moved. Condos are also taking 41 days to sell, which is longer than Aspen Trails at 30 days. We are not in freefall, but we are not racing ahead either.
- Average HonestDoor Price: $607,822 (up 1.61% from last period)
- Average sale price this month: $320,000
- Average list price this month: $324,900
- Price per square foot: $257
- Condos selling at: 98.49% of list price
- Average days on market: 41 days
- Properties sold this month: 1
- Predicted market value: $598,169
- Rental estimate: $2,206 per month
- Rental yield: 3.95% - moderate but workable
- Airbnb estimate: $110 per night
- Neighbourhood leaderboard - Growth rank: 18 out of 37 in Sherwood Park (above average)
- Neighbourhood leaderboard - Days-on-market rank: 12 out of 17 (slower side)
- Neighbourhood leaderboard - Price rank: 13 out of 21 (below average in price)
The condo HonestDoor Price at $607,822 is sitting well above what condos are actually selling for right now. That gap is worth paying attention to - more on that below.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your city assessment - it is a snapshot from months ago, built on old sales data and a formula that does not know your renovated kitchen or your finished basement. It is a rearview mirror number.
The HonestDoor Price is updated in real time. It pulls from actual recent transactions, current listing activity, and live market shifts. Right now, the HonestDoor Price for houses in Emerald Hills sits at $569,782 - and the predicted market value for houses is $586,096, which is already climbing above the 3-month moving average of $579,036. Your city assessment has not caught up to any of that movement.
For condo owners, the gap is even more striking. The predicted market value is $598,169, but condos are selling around $320,000. That is a signal to watch closely - it means the automated valuation is factoring in longer-term potential, but today's buyers are being selective. Knowing your real number before you list is not optional. It is the difference between pricing smart and sitting on the market for six weeks wondering what went wrong.
The So What - Should You Sell in Emerald Hills This Summer?
If you are a house owner thinking about listing this summer, here is the straight answer: the window is open, but it is not wide open. Prices are up month-over-month, and buyers who cannot afford Aspen Trails or Summerwood are looking at Emerald Hills as the smart move. That works in your favour.
The catch is that 42-day average on the market. Buyers are not rushing. They are comparing. If your home is not priced right from day one, you will feel those extra weeks. The HonestDoor Price gives you the real-world anchor to set a number that attracts offers instead of crickets.
For condo owners, the market is quieter. One sale this month is a thin data set. If you need to sell, price sharp - buyers are paying 98.49% of list, so there is not much room to pad the number and negotiate down. Get your HonestDoor Price, price close to it, and move with purpose.
- Houses: Good time to list if priced right - demand exists, but buyers are patient
- Condos: Stable market, thin volume - sharp pricing is everything right now
- Both: Check your HonestDoor Price before you do anything else - your city assessment is not telling you the full story
- Rental play: A 5.48% yield on houses is genuinely strong - if selling is not urgent, holding and renting is a real option worth running the numbers on
Emerald Hills is not the flashiest neighbourhood on the Sherwood Park leaderboard right now. But affordable, steady, and close to everything? That pitch still works. Know your number, price it right, and you will find your buyer.
emerald hills | 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.