Estates of Sherwood Park, Sherwood Park - October 2026 Real Estate Report
Estates of Sherwood Park: The Most Expensive Address in Sherwood Park - But Homes Are Sitting
The Vibe Right Now
If you've been watching the "For Sale" signs around Estates of Sherwood Park, here's what's actually happening. We're sitting at the top of the Sherwood Park price leaderboard - rank 1 out of 32 neighbourhoods for home prices. That's the good news. The not-so-good news? Homes are taking a long time to find buyers, and sellers are giving up a little ground on price to get deals done.
For houses specifically, the average sale price is sitting at $1,141,833, with current listings averaging $1,089,000. Buyers are paying about 97.34% of list price on average - which means if you list at $1,000,000, expect to close closer to $973,400. That gap matters when you're planning your next move. Properties are also spending an average of 235 days on market, which ranks 22 out of 24 neighbourhoods in Sherwood Park for speed of sale. This market is taking a breather, and sellers need to know that going in.
- Average sale price (houses): $1,141,833
- Current average listing price: $1,089,000
- Price per square foot: $455
- Sale-to-list ratio: 97.34% - buyers are paying below list
- Average days on market: 235 days
- Properties sold recently: 6
- Total 2026 transactions in the neighbourhood: 17
The Secret Sauce - Check Your HonestDoor Price Before Your Next Tax Assessment Arrives
Here's something most of us in Estates of Sherwood Park overlook. The city's assessed value on your property tax notice is a snapshot frozen in time - often based on data that's 12 to 18 months old by the time it lands in your mailbox. A lot can shift in that window.
The HonestDoor Price for homes in our neighbourhood is currently $1,105,452, up 0.65% from the previous period. The predicted market value for houses specifically comes in at $1,102,454, and that number is trending upward against the 3-month moving average of $1,091,295. That's a real-time read on what your home is worth today - not what a government office calculated last year. If you're making any financial decisions - refinancing, selling, or just curious where you stand - the HonestDoor Price is the number to start with.
- HonestDoor Price: $1,105,452 (up 0.65%)
- Predicted market value: $1,102,454
- 3-month moving average: $1,091,295 - values are climbing
- Estimated monthly rent: $4,419
- Rental yield: 4.57% - moderate but real income potential
- Airbnb estimate: $219 per night - ranked 20th in Sherwood Park for short-term rental potential
The Neighbourhood Leaderboard - Where We Actually Stand
Let's be straight about the rankings. We're number one for price in Sherwood Park - no neighbourhood touches us on that front. But on the growth leaderboard, we rank 41 out of 51 comparable neighbourhoods. That puts us near the bottom for recent price momentum. And days-on-market? We rank 22 out of 24 - meaning homes here sell slower than almost everywhere else in Sherwood Park.
For context, nearby Maple Grove averages $473,717 and Maplewood sits at $501,318. We're more than double those prices. Hillshire is the one neighbourhood that outprices us at $5,365,250 - but that's a very different product. The point is, we're playing in a thin, high-end market. There aren't a lot of buyers at this price point, and that's exactly why patience and smart pricing matter more here than anywhere else.
The So What - Thinking About Selling This Summer?
If selling is on your radar this summer, go in with clear eyes. The premium address works in your favour on paper, but the data is telling us buyers here have options and they know it. Homes are sitting for 235 days on average and closing below list price. That's not a reason to panic - it's a reason to price sharp from day one instead of chasing the market down over six months.
The best move right now is to pull your HonestDoor Price, compare it to what's actually sold in the last 90 days, and price your home to stand out - not just to sit. A well-priced home in Estates of Sherwood Park still commands over a million dollars. That's a serious outcome. But the sellers winning right now are the ones who respect the market instead of fighting it.
- Price to sell, not to sit - 235 average days on market is a real cost
- Expect offers around 97% of list - build that into your plan
- Use your HonestDoor Price as your starting point, not the tax assessment
- Rental yield of 4.57% means holding the property as an income asset is a real alternative if timing feels off
- Only 6 houses sold recently - low competition among sellers, but also low buyer demand at this price point
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.