Regency Park, Sherwood Park - October 2026 Real Estate Report
Regency Park Real Talk: Your Home Is Worth More Than the City Thinks
If you own a home in Regency Park and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment is already old news. The real numbers tell a more interesting story - and for most of us here, it's a good one.
The Vibe: What's Actually Happening on Our Streets
Houses
We had 6 house sales this month, and they moved fast - an average of just 8 days on market. That earns Regency Park a days-on-market rank of 4 out of 24 neighbourhoods in Sherwood Park. That's elite territory. When a house hits the market here, buyers are not sitting on it.
The average sale price came in at $494,650, which looks like a big drop on paper. But here's the context: that number is based on a small sample of 6 sales, so one or two lower-priced transactions can swing the average hard. The more reliable signal is that homes are selling at 100.95% of list price - meaning buyers are still going over asking. That is not a cold market.
- Average HonestDoor Price: $735,695
- Predicted Market Value: $753,650
- 3-Month Moving Average: $745,524 (trending up)
- Average Days on Market: 8
- Sale-to-List Ratio: 100.95% (above asking)
- Price Per Square Foot: $405
- Estimated Monthly Rent: $3,344
- Rental Yield: 5.20%
- Price Rank in Sherwood Park: 7 out of 32 (above average)
- Growth Rank: 37 out of 51 (below average - the one soft spot)
On the neighbourhood leaderboard for growth, houses rank 37 out of 51. That's the honest part of the picture. Values are not climbing as fast as some other pockets in Sherwood Park. But with a price rank of 7 out of 32, we are still sitting near the top of the price tier. That combination - high price, slower growth - means the market is taking a breather, not falling apart.
Condos
The condo side of Regency Park is a smaller market - 3 sales this month, 6 total transactions in 2026 - but the signals are steady. Condos are selling at 101.54% of list price, which means buyers are still competing. Average days on market is 18, which is actually faster than nearby Foxboro at 20 days.
- Average HonestDoor Price: $340,883
- Predicted Market Value: $347,387
- 3-Month Moving Average: $351,074 (slight dip)
- Average Sale Price: $323,333
- Average Days on Market: 18
- Sale-to-List Ratio: 101.54% (above asking)
- Price Per Square Foot: $276
- Estimated Monthly Rent: $1,798
- Rental Yield: 4.12%
- Growth Rank in Sherwood Park: 22 out of 37 (below average)
- Price Rank in Sherwood Park: 11 out of 21 (below average)
Condo values have dipped 2.42% recently, and the predicted value is now sitting slightly below the 3-month average. On the neighbourhood leaderboard, condos rank 22 out of 37 for growth. Not the top of the class, but not the bottom either. If you own a condo here and are thinking about renting it out, a 4.12% yield is a reasonable return in this environment.
The Secret Sauce: Why Your HonestDoor Price Matters Right Now
Here is the thing about your city assessment - it's a snapshot from months ago, built on a formula that doesn't know what happened on your street last Tuesday. The HonestDoor Price is updated in real time using actual sales data. For houses in Regency Park, that means a current estimate of $735,695, with a predicted market value climbing to $753,650. The city's number is already behind.
If you are using your assessment to make a financial decision - whether to sell, refinance, or even just figure out if your insurance coverage makes sense - you are working with stale data. The HonestDoor Price is the real-world check. It's what the market is actually saying your home is worth today, not what a government formula said it was worth last year.
The So What: Thinking About Selling This Summer?
If you have a house in Regency Park and you are thinking about listing this summer, the conditions are working in your favour - but the window matters. Homes are selling in 8 days and going over asking. That is a strong hand to play. The growth rank of 37 out of 51 tells us this is not a neighbourhood where you want to wait and hope values climb on their own. The smart move is to sell into the demand that exists right now.
For condo owners, the story is a bit more cautious. Values have softened slightly and the predicted price is dipping below the 3-month average. If selling is on your radar, sooner beats later while buyers are still paying above list price.
Either way, start with your HonestDoor Price. Know your real number before you talk to anyone. That's how you walk into a conversation with an agent - or a buyer - without leaving money on the table.
regency park | sherwood park | october 2026This 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.