Hilldowns, Spruce Grove - July 2026 Real Estate Report

Hilldowns, Spruce Grove: Your Neighbour Just Got a Better Price Than You Think

If you own a home in Hilldowns and you haven't checked your property value lately, you're probably leaving money on the table. Here's the straight story on what's happening in our neighbourhood right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a real split in Hilldowns right now, and it matters depending on what you own.

Houses: The average sale price this month sits at $295,250, which looks like a big drop on paper - down 31.7% from last month. But before you panic, context matters. Only 2 houses sold this month. With that few transactions, one outlier sale swings the average hard. What's more telling is that homes are selling at 97.85% of list price, meaning buyers are close to paying what sellers are asking. Properties are sitting for about 19 days on average, which is a bit longer than nearby Brookwood at 13 days. The market is taking a breather, but it's not falling apart.

• Average sale price: $295,250
• Average listing price: $186,000
• Price per square foot: $260
• Days on market: 19
• Sale-to-list ratio: 97.85%
• Properties sold this month: 2

Condos: The condo side is a slower ride. One condo sold this month, sitting on the market for 61 days before finding a buyer. The average sale price came in at $177,000, up 18% from last month - but again, one sale can do that. The predicted market value is actually trending down slightly at $152,742, below the 3-month moving average of $156,380. On the neighbourhood leaderboard, Hilldowns condos rank last out of 17 neighbourhoods in Spruce Grove for growth. That's a number worth knowing.

• Average sale price: $177,000
• Average listing price: $180,000
• Price per square foot: $200
• Days on market: 61
• Sale-to-list ratio: 98.33%
• Properties sold this month: 1

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on old data, and it doesn't care what the market did last week. The HonestDoor Price is updated in real time, and right now it's telling a different story than what the city has on file.

For houses in Hilldowns, the average HonestDoor Price is $443,192 - up 2.94% from the previous period. The predicted market value for houses is $430,531, and that number is climbing above the 3-month moving average of $423,379. Your assessment almost certainly doesn't reflect that movement.

For condo owners, the HonestDoor Price averages $158,291, up 3.63% from the previous period - even while the short-term predicted value dips. That gap between what the city thinks your place is worth and what the market actually says is exactly why checking your HonestDoor Price right now is a smart move. You might be surprised in either direction.

• House HonestDoor Price: $443,192 (up 2.94%)
• Condo HonestDoor Price: $158,291 (up 3.63%)
• House growth rank: 8 out of 19 neighbourhoods in Spruce Grove - above average
• Condo growth rank: 17 out of 17 neighbourhoods in Spruce Grove - bottom of the pack

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

If you own a house in Hilldowns, the case for selling this summer is real. The HonestDoor Price is trending up, the predicted value is rising above its 3-month average, and buyers are still paying close to asking price. Your rental estimate sits at $2,271 per month with a rental yield of 5.76% - that's a strong number if you're weighing selling versus renting it out. Hilldowns houses also rank 16 out of 18 for price in Spruce Grove, meaning we're one of the more affordable options - which is exactly what attracts buyers in a market where budgets are tight.

If you own a condo, the honest answer is that timing matters more. Values are dipping short-term, days on market are long at 61 days, and Hilldowns condos sit at the bottom of the Spruce Grove growth leaderboard right now. That doesn't mean you can't sell - it means you need to price it right from day one. An overpriced condo in this market will just sit there.

Bottom line - check your HonestDoor Price before you do anything else. It's the real-world number, not the government's best guess from six months ago. Knowing where you actually stand is the first move any smart seller makes.

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.