Regency Park, Sherwood Park - September 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're still going off your last municipal assessment, you're probably leaving money on the table - or at least making decisions based on stale numbers. Here's what's actually happening on our streets right now.

The Vibe: Houses vs. Condos in Regency Park

We've got two pretty different stories playing out here depending on what you own, so let's break it down honestly.

Houses - The Premium End of Sherwood Park

If you've been watching the "For Sale" signs in Regency Park, here's what's actually happening with houses. We're sitting at a price rank of 5 out of 32 neighbourhoods in Sherwood Park. That means we're in the top tier for home values in this city. That's not nothing.

• Average HonestDoor Price: $753,650 - up 1.28% from last period
• Average sale price: $986,500
• Current listings averaging: $560,000
• Price per square foot: $427
• Homes selling at 99.11% of list price - buyers are negotiating, not overpaying
• Average days on market: 70 days
• Rental estimate: $3,344 per month
• Rental yield: 5.22% - that's a strong return
• Transactions in 2026: 23

The honest part? Houses here are taking a breather. Seventy days on market puts us at rank 21 out of 24 for speed of sales - meaning our homes are among the slowest-selling in Sherwood Park right now. Buyers know it too. That 99.11% sale-to-list ratio tells us this is a buyers' market for houses. They're coming in with offers below ask and getting deals done. The predicted market value of $744,139 is also dipping slightly below the 3-month moving average of $752,169, which is worth watching. Growth rate ranks 33 out of 53 comparable neighbourhoods - below average, but the price rank keeps us firmly in the premium category.

Condos - A Different Story Altogether

Condo owners in Regency Park are actually seeing some competitive action. Three sales this month, an 18-day average on market, and buyers paying 101.54% of list price. Yes - above asking. That's the kind of stat that gets sellers' attention.

• Average HonestDoor Price: $347,387 - down 2.42% from last period
• Average sale price: $323,333
• Current listings averaging: $324,990
• Price per square foot: $276
• Homes selling at 101.54% of list price - buyers competing
• Average days on market: 18 days
• Rental estimate: $1,830 per month
• Rental yield: 4.10% - moderate but solid
• Transactions in 2026: 6

The nuance here is that while buyers are paying over asking, the average sale price is still down 2% from last month. So it's a cooling sellers' market - not a crash, but not a frenzy either. The predicted market value of $355,994 is actually trending up against the 3-month moving average of $349,749, which is an encouraging sign. Growth ranks 13 out of 37 comparable neighbourhoods - above average. And at 18 days on market, we're faster than nearby Foxboro at 13 days, but not by a lot.

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

Here's the thing about municipal assessments - they're a snapshot from months ago, sometimes longer. They don't know that your neighbour's house just sold, that interest rates shifted, or that buyer demand in Regency Park changed this season. The HonestDoor Price is updated in real time using actual transaction data. It's the real-world check against whatever number the city has on file for your property.

Right now, the HonestDoor Price for houses in Regency Park is $753,650. For condos, it's $347,387. These numbers move. Your assessment doesn't - at least not fast enough to be useful when you're making a real financial decision. Whether you're refinancing, thinking about selling, or just want to know where you stand on the neighbourhood leaderboard, the HonestDoor Price is the number to watch.

Speaking of the leaderboard - houses here rank 5th out of 32 neighbourhoods in Sherwood Park for price. That's a top-15% position. Condos rank 12th out of 21. Knowing where you sit in that ranking changes how you price, how you negotiate, and how you plan.

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

If you own a house in Regency Park and you're considering selling this summer, the data is giving you a clear message: price it right from day one. Homes sitting 70 days on market are the ones that got overpriced early. Buyers here are informed and they're negotiating. The gap between the average listing price of $560,000 and the average sale price of $986,500 tells us there's a wide range of product on the market - and the well-priced homes are the ones closing.

If you own a condo, your timing is actually pretty decent. Buyers are paying over asking, sales are moving in under three weeks, and your predicted value is trending upward. A well-presented condo listed at the right number could move fast.

For both property types, the move right now is simple - check your HonestDoor Price before you do anything else. It's free, it's current, and it's the honest starting point for any conversation about what your Regency Park property is actually worth today.

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.