Glen Allan, Sherwood Park - October 2026 Real Estate Report
Glen Allan, Sherwood Park: Your Neighbour Just Got a Better Price Than You Think
If you own a home in Glen Allan and you're still looking at your city assessment to figure out what your place is worth, you're working with old news. Here's what's actually happening on the ground right now.
The Vibe: Houses vs. Condos - Two Very Different Stories
Glen Allan is not one market right now. It's two. And depending on what you own, your situation looks completely different.
Houses - Taking a Breather
We've seen the house market cool off noticeably. The average sale price for houses sits at $460,752, which is down 9.5% from last month. Only 12 houses sold, a drop of 36.8% in sales volume. That's a real slowdown. Properties are sitting on the market for an average of 36 days, and our days-on-market rank is 16 out of 24 in Sherwood Park - meaning homes here are moving slower than most comparable neighbourhoods.
The one bright spot? Sellers who did close got 100.38% of their list price. Buyers are still paying above asking when the right home shows up. That tells us demand hasn't disappeared - it's just gotten more selective.
- Average HonestDoor Price (Houses): $504,293
- Average Sale Price This Period: $460,752
- Average List Price: $516,975
- Price Per Square Foot: $366
- Sold-to-List Ratio: 100.38%
- Average Days on Market: 36
- Properties Sold: 12 (down 36.8%)
- Estimated Monthly Rent: $2,534
- Rental Yield: 5.61%
- Neighbourhood Leaderboard - Growth Rank: 36 out of 51 in Sherwood Park
Condos - The Quiet Overachiever
Here's where it gets interesting. Glen Allan condos are sitting at an average HonestDoor Price of $2,962,509 - and that number is climbing. The predicted market value is $3,020,982, up from a 3-month moving average of $2,899,485. Values have shifted 7.02% recently, and on the Sherwood Park neighbourhood leaderboard, Glen Allan condos rank 2nd out of 37 for growth. That's not a typo. Second out of 37.
Every nearby neighbourhood - Brentwood, Nottingham, Centre in the Park - comes in cheaper on the condo side. Glen Allan is leading the pack here, not following it.
- Average HonestDoor Price (Condos): $2,962,509
- Predicted Market Value: $3,020,982
- Recent Value Change: 7.02%
- Estimated Monthly Rent: $9,179
- Airbnb Estimate: $455 per night
- Neighbourhood Leaderboard - Growth Rank: 2 out of 37 in Sherwood Park
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Your city assessment is a snapshot from the past. It's calculated on data that's already months - sometimes over a year - old by the time it lands in your mailbox. In a market that's moving this fast in both directions, that number can mislead you badly.
The HonestDoor Price is updated in real time using actual transaction data, current listings, and live market signals. For house owners in Glen Allan, it's showing $504,293 right now - while the average sale price this period came in at $460,752. That gap matters. If you price based on a stale assessment, you could be leaving money on the table or pricing yourself out of a sale entirely.
For condo owners, the HonestDoor Price is tracking a market that's genuinely outperforming the rest of Sherwood Park. Your assessment almost certainly hasn't caught up to that reality yet. Knowing your real-world number gives you leverage - whether you're selling, refinancing, or just keeping score.
The So What: Thinking About Selling This Summer?
For house sellers, the window is still open but it's not as wide as it was. Prices are down month-over-month, sales volume has dropped, and buyers are taking their time - 36 days on market is not a fire-sale pace. That said, the homes that are selling are getting full price and then some. The lesson here is simple: price it right from day one. An overpriced listing in this market will sit, and a stale listing loses leverage fast.
For condo owners, the story is genuinely good. A growth rank of 2nd in Sherwood Park means you're in one of the strongest-performing pockets in the entire area. If you've been on the fence, this summer is worth a serious conversation. Values are trending up, and you're ahead of your neighbours in nearly every direction.
Either way, the smartest first move is checking your HonestDoor Price before you call an agent, set a number, or make any decisions. It's the real-world check your tax assessment was never designed to be.
glen allan | sherwood park | october 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.