Foxboro, Sherwood Park - August 2026 Real Estate Report

Foxboro, Sherwood Park: Your Neighbour Just Asked If Now Is a Good Time to Sell. Here Is the Real Answer.

If you have been watching the "For Sale" signs on your street and wondering what is actually going on, here is the straight story. Foxboro is a mid-market neighbourhood punching above its weight in some areas - and showing a few cracks in others. Let us break it down.

The Vibe: Houses vs. Condos in Foxboro Right Now

Houses

We are seeing some mixed signals on the house side. The average HonestDoor Price sits at $605,414 - up a modest 0.28% from last period. That is a small but positive move. However, the average sale price this month came in at $580,200, which is down 3.8% from last month. That gap between the HonestDoor Price and the actual sale price is worth paying attention to.

• Average HonestDoor Price: $605,414 (up 0.28%)
• Average sale price this month: $580,200
• Current listings averaging: $573,960
• Price per square foot: $313
• Homes selling at 101.36% of list price - buyers are still competing
• Average days on market: 19
• 5 properties sold this month
• Estimated monthly rent: $2,957
• Rental yield: 5.44% - that is a strong return
• Neighbourhood growth rank: 41 out of 54 in Sherwood Park
• Price rank: 10 out of 32 - above average for the city
• Days-on-market rank: 9 out of 26 - homes move reasonably fast here

Here is the interesting part. Even though prices dipped this month, buyers are still paying over asking. That tells us inventory is tight. The market is taking a breather, but it is not rolling over. We rank 4th in Sherwood Park for total transactions - Foxboro houses trade hands. That matters.

Condos

The condo picture is a bit more cautious. One sale this month, and that sale came in at $338,000 - well below the $349,900 listing price and down 37.3% from last month. With only one transaction, that monthly swing is more about a single deal than a trend, so do not panic. The HonestDoor Price of $431,913 is a much steadier read on what condos here are actually worth.

• Average HonestDoor Price: $431,913 (down 0.55%)
• Average sale price this month: $338,000
• Current listings averaging: $349,900
• Price per square foot: $320
• Properties sold at 96.60% of list price - some negotiating room exists
• Average days on market: 13 - very fast by Sherwood Park standards
• 1 property sold this month
• Estimated monthly rent: $2,219
• Rental yield: 3.96% - moderate but decent
• Neighbourhood growth rank: 28 out of 37 in Sherwood Park
• Price rank: 5 out of 21 - above average for condos in the city
• Days-on-market rank: 3 out of 19 - condos here sell fast when they list

Thirteen days on market is genuinely quick. If a condo hits MLS in Foxboro and it is priced right, it does not sit. That is a useful fact for anyone thinking about listing.

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

Your city assessment is a snapshot from months ago - sometimes longer. It does not know what sold on your street last week. The HonestDoor Price updates in real time using actual transaction data, so it reflects what a buyer would likely pay today, not what a government office calculated last year.

For Foxboro house owners, the HonestDoor Price of $605,414 is sitting above the current average sale price of $580,200. That gap is your starting point for a real conversation with an agent. For condo owners, the HonestDoor Price of $431,913 gives you a far more grounded benchmark than a single monthly sale can provide.

If your tax assessment is lower than your HonestDoor Price, you may be sitting on more equity than you think. If it is higher, you have a case to review your assessment. Either way, checking your HonestDoor Price costs nothing and takes about 30 seconds.

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

Here is the honest take for anyone weighing a summer listing.

On the house side, you are still in a position of relative strength. Buyers are paying over asking, homes are moving in under three weeks, and Foxboro ranks in the top third for price in Sherwood Park. The monthly dip in sale prices is real, but the 66 total transactions in 2026 and that top-4 transaction ranking tell us this neighbourhood has genuine demand. Price it sharp and you will get attention.

On the condo side, the story is more nuanced. Growth ranks 28 out of 37 - below average on the neighbourhood leaderboard. But condos sell fast here, and the price rank of 5 out of 21 means Foxboro condos carry a premium compared to most of the city. If you are a condo owner, the window is not closed - but pricing it right matters more than ever when buyers are negotiating below list.

Bottom line - Foxboro is not a hot market right now, but it is not a soft one either. It is a market where preparation and pricing win. Pull your HonestDoor Price, compare it to what is listed on your street, and have that conversation before summer listings start stacking up and your competition grows.

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.