Estates of Sherwood Park, Sherwood Park - September 2026 Real Estate Report

Estates of Sherwood Park: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in Estates of Sherwood Park, here's what's actually happening. We're sitting in one of Sherwood Park's priciest pockets - ranked 6th out of 32 neighbourhoods on price. That's not a small thing. The average sale price for houses this month is $658,167, up 5.9% from last month. Listings are sitting at $925,000 on average, and buyers are paying about 96.3% of asking. That means deals are getting done slightly below list, but prices are still climbing.

Six houses sold this month. That's a thin number, and homes are averaging 80 days on market - ranking 23rd out of 24 neighbourhoods for speed. So yes, this market is taking a breather on the sales pace side. But the prices themselves? Still holding strong. Price per square foot is running around $365, which tells you what the street-level demand looks like for a neighbourhood at this tier.

The HonestDoor Price - The Number That Actually Matters

Here's the real talk. The city's assessment is a snapshot from months ago. It doesn't know what sold last week. The HonestDoor Price for homes in Estates of Sherwood Park is $1,098,363 right now - up 0.65% from the previous period. The predicted market value for houses specifically sits at $1,095,343. Compare that to a static government assessment and you'll see why waiting for your next tax notice to understand your home's value is a losing game.

The HonestDoor Price is a real-world check. It pulls in current transaction data, neighbourhood trends, and comparable sales to give you a live number - not a number that was accurate eight months ago. For a home in this price range, even a 1% swing is over $10,000. That's not rounding error. That's real money.

• Average HonestDoor Price: $1,098,363 (up 0.65%)
• Predicted market value for houses: $1,095,343
• 3-month moving average: $1,103,659 (values are slightly easing from that peak)
• Price per square foot: $365
• Growth rank: 17th out of 53 neighbourhoods - above average in Sherwood Park
• Price rank: 6th out of 32 - among the most expensive in Sherwood Park

How We Stack Up Against the Neighbours

Context matters. Maple Grove next door is averaging $484,295 and Maplewood is at $514,172. We're more than double those neighbourhoods on price. Hillshire is the outlier at $5,675,975 - that's a different league entirely. The point is, Estates of Sherwood Park holds a clear premium position in this market. Buyers who want this neighbourhood know they're paying for it.

The "So What?" - If You're Thinking About Selling This Summer

Here's the honest version. The market here is not a fast-moving frenzy. Eighty days on market is slow. Six sales in a month is a small pool. But the buyers who do show up are serious - they're paying 96.3% of list on homes in the million-dollar range. That's not a distressed market. That's a selective one.

If you're thinking about listing this summer, a few things to keep in mind. First, your list price needs to be sharp. The gap between $925,000 average list and $658,167 average sale price tells you that overpriced homes are sitting. Second, your HonestDoor Price is your starting point for a real conversation with your agent - not the assessment notice in your drawer. Third, rental demand here is real. At $4,402 per month in estimated rent and a 4.59% yield, buyers who are on the fence about purchasing might be weighing a rental play. That's a selling point worth knowing.

Bottom line - Estates of Sherwood Park is a premium neighbourhood in a patient market. Price it right, know your real number, and the right buyer will come. Check your HonestDoor Price today before you make any moves.

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.