Glen Allan, Sherwood Park - July 2026 Real Estate Report

Glen Allan, Sherwood Park: Your Neighbour Just Listed. Here Is What You Need to Know.

If you have been watching the "For Sale" signs pop up around Glen Allan this season, here is the straight story on what is actually happening to home values on your street - and why the number on your tax assessment is probably not the number you should be trusting right now.

The Vibe: What the Market Is Doing in Glen Allan

Let's break it down by property type, because houses and condos are telling two very different stories here.

Houses - A Sellers' Market Taking a Breather

The house market in Glen Allan is busy, but it is shifting. We saw 20 homes sell last month - that is up 42.9% from the month before, which tells you buyers are still active. But prices are easing. The average sale price sits at $476,144, down 1.7% from last month, and homes are sitting on the market for an average of 29 days. That is a bit longer than nearby Nottingham at 25 days, which is worth noting if you are planning to list.

Here is the interesting part though: homes are still selling for 100.65% of list price on average. Buyers are paying over asking. That means if you price it right, the demand is there. The market is not crashing - it is just recalibrating.

• Average sale price: $476,144 (down 1.7% from last month)
• Average list price this month: $477,643
• Price per square foot: $401
• Average days on market: 29
• Sale-to-list ratio: 100.65% - buyers are paying above asking
• Properties sold last month: 20 (up 42.9%)
• Total 2026 transactions in Glen Allan: 86 - ranked 2nd in Sherwood Park for transaction volume

On the growth leaderboard, Glen Allan houses rank 17 out of 54 neighbourhoods in Sherwood Park for growth rate. That puts us solidly above average. Not top of the pack, but well ahead of the middle of the field. The predicted market value for houses is $519,490, up from the 3-month moving average of $506,478. Values are trending in the right direction even as short-term sale prices dip.

Rental investors, take note. The estimated rent for a Glen Allan house is $2,600 per month, with a rental yield of 5.61%. That is a strong return by any measure.

Condos - A Different Animal Entirely

The condo picture in Glen Allan is unusual. The average HonestDoor Price for condos here is $2,854,727 - significantly higher than condo prices in every nearby neighbourhood including Brentwood ($371,557), Nottingham ($320,297), and Centre in the Park ($401,980). We are talking about a completely different tier of property.

The predicted market value sits at $2,844,918, which is slightly below the 3-month moving average of $2,848,036, and recent value change is down 2.01%. So condo values here are taking a small step back. That said, Glen Allan condos rank 7 out of 37 neighbourhoods in Sherwood Park for growth rate - putting us in the top performers category in the city.

• Average HonestDoor Price (condos): $2,854,727
• Predicted market value: $2,844,918
• 3-month moving average: $2,848,036
• Recent value change: -2.01%
• Estimated monthly rent: $8,909
• Rental yield: 1.95%
• Growth rank: 7 out of 37 in Sherwood Park
• Airbnb rank in Sherwood Park: 6th - strong short-term rental potential

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

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that 20 houses just sold in your neighbourhood last month. It does not know that buyers are paying above list price right now. It is a static number in a moving market.

The HonestDoor Price is updated in real time using actual transaction data. For Glen Allan houses, that number is $511,100 right now. For condos, it is $2,854,727. These are the numbers that reflect what a buyer would actually put on paper today - not what a government office calculated last year.

If you are making any decision about your home - selling, refinancing, even just understanding your net worth - the HonestDoor Price is your real-world check. Think of the tax assessment as the old map. The HonestDoor Price is the live GPS.

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

If you own a house in Glen Allan and you are thinking about listing this summer, here is the honest read. The window is still open, but it is not as wide as it was. Prices are dipping slightly month over month, days on market are creeping up, and nearby neighbourhoods are competing for the same buyers. That said, 86 transactions in Glen Allan so far in 2026 - ranking us 2nd in all of Sherwood Park for volume - tells you this neighbourhood moves. Buyers know Glen Allan.

Price it sharp. Homes selling at 100.65% of list price means buyers are engaged, but they are doing their homework. An overpriced listing will sit. A well-priced one will get offers.

If you are a condo owner, the short-term rental angle is worth a serious look. Glen Allan ranks 6th in Sherwood Park for Airbnb potential. With an estimated $443 per month in Airbnb income and a top-10 growth rank, there is a real case for holding rather than selling right now while values stabilize.

Bottom line - Glen Allan is not a neighbourhood in trouble. It is a neighbourhood catching its breath. And right now, knowing your real number is the smartest move you can make before summer listings heat up.

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.