Nottingham, Sherwood Park - July 2026 Real Estate Report

Nottingham, Sherwood Park: Your Neighbour Just Got a Surprise on Their Assessment. Here's the Real Number.

The Vibe Right Now

If you've been watching the "For Sale" signs on your street, here's what's actually happening in Nottingham. The market is sending two different signals depending on what you own - and reading them wrong could cost you real money this summer.

Houses: Prices Are Climbing, But the Market Has Nuance

Houses in Nottingham are not messing around on price. The average sale price hit $714,379 this month - up 11.9% from last month. That's not a typo. Listings are sitting at $754,933 on average, and homes are selling at 98.63% of list price. Buyers are close to full price, but not quite there. That gap matters when you're negotiating.

• Average HonestDoor Price: $695,316
• Average Sale Price This Month: $714,379 (up 11.9%)
• Average Listing Price: $754,933
• Price Per Square Foot: $382
• Days on Market: 30 days average
• Properties Sold This Month: 11
• Predicted Market Value: $728,391
• Rental Yield: 5.19%
• Estimated Monthly Rent: $3,373
• Neighbourhood Growth Rank: 21 out of 54 in Sherwood Park - above average
• Price Rank: 3 out of 32 - one of the most expensive neighbourhoods in Sherwood Park

That price rank is the headline stat here. Sitting at 3rd most expensive out of 32 comparable neighbourhoods means Nottingham houses carry serious weight on the Sherwood Park leaderboard. Compare that to nearby Brentwood at $448,264 or Glen Allan at $511,100, and you can see why people are paying attention to this neighbourhood.

One thing to watch: the HonestDoor Price dipped 4.54% from the previous period, even as monthly sale prices jumped. That tells us the market is moving fast and in different directions depending on the timeframe you look at. Short-term momentum is strong. The broader trend is taking a breather. Both things can be true at once.

Condos: Steady, Not Spectacular

The condo side of Nottingham is a different story. Only 1 condo sold this month at $303,000, and the predicted market value sits at $307,037 - which is actually trending slightly below the 3-month moving average of $309,310. The market here is stable, not surging.

• Average HonestDoor Price: $320,297 (up 4.32%)
• Average Sale Price This Month: $303,000
• Average Listing Price: $309,900
• Price Per Square Foot: $246
• Days on Market: 25 days average
• Predicted Market Value: $307,037
• Rental Yield: 4.19%
• Estimated Monthly Rent: $1,648
• Growth Rank: 16 out of 37 in Sherwood Park - above average
• Price Rank: 15 out of 21 - below average in price for Sherwood Park condos

Condo owners, here's the honest take: Nottingham condos are priced below most of the competition in Sherwood Park. Nearby Brentwood condos are fetching more, and Centre in the Park is also ahead on price. If you own a condo here, your entry price point is actually a selling feature for buyers - but don't expect a bidding war right now.

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

Here's the thing about government assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved. In Nottingham right now, house prices jumped nearly 12% in a single month. Your city assessment has no idea that happened.

The HonestDoor Price is updated in real time using actual transaction data, current listings, and local market signals. For houses, that number is $695,316 right now. For condos, it's $320,297. These aren't guesses - they reflect what buyers are actually paying in your neighbourhood today, not what someone estimated 12 months ago.

If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number to start with. Think of it as the real-world check against a static government figure that was never designed to move at the speed of your market.

So What Does This Mean If You're Thinking About Selling This Summer?

For house owners, the timing is genuinely interesting. You're in one of the top 3 most expensive neighbourhoods in Sherwood Park. Sale prices are up sharply month-over-month. Buyers are paying close to full list price. The 30-day average days-on-market means you're not sitting forever - but you're also not getting a same-week offer in most cases. Price it right and you're in a strong position.

For condo owners, be realistic. The market is stable and moving at a reasonable pace - 25 days on average. But with only 1 sale recorded this month and predicted values slightly declining, this is not the moment to push an aggressive list price. A clean, well-priced condo will sell. An overpriced one will sit.

The bottom line for both: check your HonestDoor Price before you call an agent, before you set a number in your head, and before you compare yourself to what your neighbour sold for two years ago. The market has moved. Your starting point should reflect that.

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.