If you live in Foxboro and you have not checked your home value lately, you are probably working off a number that is already out of date. The market here is not sitting still. Houses are selling above asking price, buyers are moving quickly, and the gap between what the city thinks your home is worth and what a buyer will actually pay is getting wider. Here is the real picture.
Let us start with houses, because the story there is hard to ignore. We are seeing average sale prices hit $612,027 - up 5.2% from last month alone. Homes are sitting on the market for an average of just 11 days, and buyers are paying 102.82% of the list price. That means if you list at $600,000, you are likely walking away with more than $616,000. That is not a typo. That is a sellers market doing exactly what it is supposed to do.
On the condo side, we are seeing a different but still interesting picture. One condo sold this month at $539,000 - right at list price - and that price is up 7.8% from last month. The condo market here is smaller and moves a bit slower at 13 days on market, but it is holding its own. Condos in Foxboro rank 3rd out of 21 neighbourhoods in Sherwood Park for price, which means we are sitting near the top of the condo leaderboard.
Here is something worth knowing. For houses, Foxboro ranks 5th out of 26 Sherwood Park neighbourhoods for days on market. That puts us in the top tier for speed - homes here move faster than most of the city. For growth, we rank 22nd out of 54, which lands us solidly above average. For price, we rank 13th out of 32, also above average. That is a consistent, well-rounded position - not a flash in the pan.
For condos, the growth rank is 8th out of 37 neighbourhoods - again, above average. And that price rank of 3rd out of 21 means Foxboro condos are among the most expensive in Sherwood Park. If you own one, that is a good problem to have.
Want to see how Foxboro stacks up against neighbours? The Ridge is slightly more expensive for houses at an average HonestDoor Price of $679,892. Glen Allan comes in cheaper at $511,100. And Strathcona Athletic Park is in a different league entirely at $1,019,100. Foxboro sits comfortably in the middle - accessible but appreciating.
Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. It does not know that buyers in Foxboro are paying over asking right now. It does not know that houses here are selling in under two weeks. It is a snapshot of the past, not a read on today.
The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and live market signals. For houses in Foxboro, that number sits at $603,719. For condos, it is $434,298. These are not guesses - they are the closest thing to what a buyer would actually offer you today. If you are making any financial decision tied to your home - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number you want in your hand, not a government figure from six months ago.
Short answer: the conditions are about as good as they get. Buyers are paying over asking on houses. Inventory is tight - only 13 houses sold last month, down from the month before, which means less competition for your listing. Homes are gone in 11 days on average. If you have been sitting on the fence, this is not a market that rewards waiting.
For condo owners, the picture is a bit more measured. Only one condo sold last month, so the pool of buyers is smaller. But the price held strong and the sell-through was clean. If your unit is well-positioned, there is a buyer out there - you just may need a sharper strategy to find them.
The bottom line for Foxboro homeowners is this: your home is likely worth more than you think, and the window to take advantage of that is open right now. Check your HonestDoor Price, get a read on where you actually stand, and make your move with real numbers - not last year's assessment.
foxboro | sherwood park | july 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.