Regency Park, Sherwood Park - August 2026 Real Estate Report

Regency Park Real Talk: What Your Home Is Actually Worth Right Now

If you live in Regency Park and you haven't checked your HonestDoor Price lately, this is your nudge. The market here is doing two very different things depending on whether you own a house or a condo - and the gap between your city assessment and your real-world value is wider than most people think.

The Vibe: Houses vs. Condos in Regency Park

Houses - Taking a Breather

Let's be straight with you. The house market in Regency Park is cooling off. The average sale price sits at $467,500, which is down 10.8% from last month. Only 2 houses sold this period - that's down 33.3% - and homes are moving at 99.36% of list price, meaning buyers are getting a small discount. We're in buyers' market territory right now.

• Average sale price: $467,500
• Average list price: $469,950
• Price per square foot: $386
• Average days on market: 24 days
• Sale-to-list ratio: 99.36% (buyers paying slightly under asking)
• Recent value change: -4.50%
• Growth rank: 47 out of 54 neighbourhoods in Sherwood Park

That growth rank is the number to watch. On the neighbourhood leaderboard, Regency Park houses are sitting near the bottom right now - 47th out of 54. That doesn't mean panic. It means the market is taking a breather and sellers need to price sharp. The one bright spot? Our homes are still selling faster than The Ridge (24 days vs. 30 days), so demand hasn't disappeared.

Condos - A Different Story

Condo owners, your market is holding up much better. The one condo that sold went for $330,000 - and it sold at 101.54% of list price. That means the buyer paid over asking. That's a sellers' market signal, even with thin volume. The predicted value is trending upward against the 3-month average, and the recent growth rate of 1.87% puts condos at rank 22 out of 37 on the neighbourhood leaderboard - solidly middle of the pack and moving in the right direction.

• Average sale price: $330,000
• Average list price: $324,990
• Price per square foot: $276
• Average days on market: 18 days
• Sale-to-list ratio: 101.54% (buyers paying over asking)
• Recent value change: +1.87%
• Growth rank: 22 out of 37 neighbourhoods in Sherwood Park

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on data that was already old when they printed it. The market has moved since then. In Regency Park, house values have shifted by -4.50% recently, and condo values are up 1.87%. Your assessment doesn't know any of that.

The HonestDoor Price is the real-world check. For houses, it's sitting at $744,139 - up 0.72% from the previous period. For condos, it's $355,994 - up 1.76%. These numbers update based on what's actually happening in the market right now, not what happened last year. 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.

And if you're curious about rental income, houses here are estimated at $3,298 per month and condos at $1,870 per month. House rental yield is 5.23% - that's a strong return by any measure.

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

For house sellers, the honest answer is: you need to go in with eyes open. Prices are softer, volume is down, and you're competing in a market where buyers have a little more leverage than they did. That doesn't mean you can't sell well - it means pricing right from day one matters more than ever. Sitting at $469,950 list while the market drifts lower is a recipe for a stale listing. Price it to move and you'll still be out in 24 days or less.

For condo sellers, the setup is actually pretty good. Buyers are paying over asking, days on market are low, and your predicted value is climbing. If you've been on the fence, this summer looks like a reasonable window.

Either way, the first step is knowing your real number - not the one on your tax notice. Check your HonestDoor Price, compare it to what's actually selling nearby, and make the call from there. That's how we look out for each other in Regency Park.

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.