Lakeland Village & Jubilee Landing, Sherwood Park - July 2026 Real Estate Report

Lakeland Village and Jubilee Landing, Sherwood Park: The Market Is Telling You Something Right Now

The Vibe on the Ground

If you live in Lakeland Village or Jubilee Landing, here is the honest picture. Houses are sitting. The one home that sold in 2026 went for $148,500 - and the buyer paid only 92.81% of the asking price. That means the seller left money on the table before the deal even closed. Listings are currently sitting at $160,000 on average, and homes are spending 93 days on the market before finding a buyer. For context, just down the road in Emerald Hills, homes are moving in 82 days. That gap matters if you are thinking about selling.

We are looking at a buyers' market here. Buyers know it, and they are negotiating hard. Price per square foot is sitting around $105, which tells us this corner of Sherwood Park is priced well below what most people assume when they hear "Sherwood Park real estate."

The Neighborhood Leaderboard - Where Lakeland Village and Jubilee Landing Actually Stands

This is where we need to be straight with each other. On the Sherwood Park growth leaderboard, this neighborhood ranks 52 out of 54. That puts us near the bottom of the pack right now. Days on market ranks dead last - 26 out of 26 - meaning homes here are the slowest-selling in the entire city. And on price rank, we sit at 32 out of 32, making this the most affordable segment tracked in Sherwood Park.

That is not a reason to panic. But it is a reason to pay attention and stop assuming the market is fine just because your neighbor's house sold two years ago.

• Average sale price: $148,500
• Average list price this month: $160,000
• Sale-to-list ratio: 92.81% - buyers are winning negotiations
• Average days on market: 93 days
• Price per square foot: $105
• Recent property value change: -8.28%
• Growth rank: 52 out of 54 in Sherwood Park

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 values in this neighborhood have shifted by -8.28% recently. It does not know that the 3-month moving average has dropped from $4,208,059 down to a predicted market value of $3,879,356. That is a meaningful gap, and your assessment will not catch up to it until next year at the earliest.

The HonestDoor Price is updated in real time. Right now it sits at $3,841,011, down about 0.99% from the previous period. That is the number that reflects what is actually happening in the market today - not what happened when the city last did its paperwork. If you are making any financial decision tied to your home's value, the HonestDoor Price is the real-world check you need before you rely on a government number that is already out of date.

On the rental side, the estimated monthly rent comes in at $9,418, with a rental yield of 3.69%. That is a moderate return. Airbnb potential is around $468 per night, which ranks 14th in Sherwood Park - actually one of the stronger signals in this data set for owners thinking about short-term rental income.

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

If selling is on your mind, here is the straight talk. This is not the summer to be casual about your strategy. Homes here are taking over three months to sell, buyers are negotiating below asking, and the neighborhood is sitting near the bottom of Sherwood Park's growth rankings. Pricing sharp from day one is not optional - it is the whole game.

The sellers who win in a market like this are the ones who price based on current data, not hope. Check your HonestDoor Price before you have a single conversation with an agent. Know that nearby neighborhoods like Aspen Trails ($669,508), Summerwood ($625,322), and Emerald Hills ($572,753) are all priced significantly lower than the HonestDoor Price here - which means buyers shopping the broader area have options and they know it.

The opportunity is still real. But the window for overpricing and waiting it out has closed. Come in smart, price it right, and move with the market - not against it.

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.