Regency Park, Sherwood Park - July 2026 Real Estate Report

Regency Park Real Talk: Your Home Is Worth More Than the City Thinks

If you live in Regency Park and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. Here's what's actually happening on our streets right now.

The Vibe: Houses vs. Condos

We're seeing two different stories play out in Regency Park depending on what you own.

Houses are taking a breather. The average sale price for a house sits at $524,267, down 4.3% from last month, with only 3 sales recorded - a 40% drop in volume. That sounds alarming, but here's the thing: homes are still selling for 103.22% of list price. Buyers are still going over asking. Properties are moving in an average of 8 days, which ranks us 3rd out of 26 neighbourhoods in Sherwood Park for speed. That is fast. The volume dip is real, but demand hasn't walked out the door.

• Average house sale price: $524,267
• Price per square foot: $451
• Average days on market: 8
• Sale-to-list ratio: 103.22% - buyers are paying over asking
• Houses sold this period: 3
• Growth rank: 20 out of 54 neighbourhoods - above average in Sherwood Park
• Price rank: 8 out of 32 - above average in Sherwood Park

Condos are quietly having a moment. One condo sold at $330,000 - up 6.5% from last month - and it sold at 101.54% of list price. The predicted market value is climbing to $343,412, up from a 3-month moving average of $332,755. Our condo growth ranks 3rd out of 37 comparable neighbourhoods in Sherwood Park. That is a top-performer stat. If you own a condo here, that number deserves your attention.

• Average condo sale price: $330,000
• Price per square foot: $276
• Average days on market: 18
• Sale-to-list ratio: 101.54% - still above asking
• Condos sold this period: 1
• Growth rank: 3 out of 37 neighbourhoods - top performer in Sherwood Park
• Rental yield: 4.12%

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here's the problem with waiting for your next tax assessment. It's a snapshot from the past. The city looks at old sales data and spits out a number that may have nothing to do with what your home is worth today.

The HonestDoor Price is updated in real time. Right now, the average HonestDoor Price for a house in Regency Park is $738,784. The predicted market value for houses is $773,586 - and that number is trending up from the 3-month moving average of $751,145. Your government assessment is not telling you that story.

For condo owners, the HonestDoor Price is $349,842, up 1.87% from the previous period. The predicted market value sits at $343,412 and is also climbing. That 0.13% recent value change might look small, but a top-3 growth rank out of 37 neighbourhoods tells you the trajectory is pointed in the right direction.

Compared to nearby neighbourhoods, Regency Park houses are priced well above Foxboro ($603,719) and The Ridge ($679,892), and we're in a completely different weight class than Strathcona Athletic Park ($1,019,100). Knowing where you sit on that leaderboard matters when you're pricing a listing or negotiating a purchase.

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

If you own a house in Regency Park and you're thinking about listing this summer, the window is real but it requires a sharp strategy. Prices have dipped 4.3% month-over-month, but buyers are still paying over list and homes are gone in 8 days. That tells us the right price, on the right day, still gets a bidding war. Overprice it and you'll feel the market cooling fast.

For condo owners, the story is even more straightforward. A top-3 growth rank in Sherwood Park, rising predicted values, and a sellers' market signal all point to this being a solid time to test the water. Rental demand is also real - estimated rent of $1,840 per month with a 4.12% yield gives you a strong backup plan if you decide to hold instead.

Either way, the first move is the same: check your HonestDoor Price today. Not the number the city gave you last year. The number that reflects what a buyer would actually pay for your home right now. That's the number that matters when you're making a decision worth hundreds of thousands of dollars.

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.