Salisbury Village, Sherwood Park - August 2026 Real Estate Report

Salisbury Village Real Estate: Your Prices Are Up, But the Market Is Sending Mixed Signals

If you own a home in Salisbury Village and you haven't checked your property value lately, now is the time. The numbers are moving - and not always in the direction you'd expect.

The Vibe: What's Actually Happening on Our Streets

Let's break it down by property type, because houses and condos are telling two very different stories right now.

Houses - Strong Prices, Slow Sales

The average sale price for a house in Salisbury Village hit $820,000 this month - that's up 8.8% from last month. That sounds great. But here's the catch: only 2 homes sold, which is down 33.3% from the month before. Fewer sales with higher prices usually means the pool of buyers is thin. When buyers are scarce, they have leverage.

• Average sale price: $820,000 (up 8.8% month over month)
• Average list price: $839,800
• Price per square foot: $365
• Homes sold for 97.55% of list price - buyers are negotiating below ask
• Average days on market: 52 days
• HonestDoor Price average: $795,359 (up 1.54%)
• Estimated monthly rent: $3,547
• Growth rank: 53 out of 54 neighbourhoods in Sherwood Park
• Price rank: 2 out of 32 - we are near the top for price in Sherwood Park

That growth rank is the number to watch. Sitting at 53 out of 54 on the neighbourhood leaderboard means Salisbury Village houses are not appreciating as fast as most of the competition in Sherwood Park. We are expensive - second priciest in the area - but the value growth is near the bottom. That gap matters if you are planning to sell.

The predicted market value for houses sits at $783,287, which is sliding below the 3-month moving average of $801,261. Property values have shifted by -6.26% recently. This is not a crash - it is a market taking a breather - but it is worth paying attention to.

Condos - Moving Faster, But Prices Are Cooling

The condo side of Salisbury Village is a different story. Only 1 condo sold last month, but those units are moving in 21 days on average - much faster than houses. The trade-off is that the average sale price dropped to $336,000, down 34.7% from last month. Low volume means one sale can swing the average dramatically, so don't panic on that number alone.

• Average sale price: $336,000 (down 34.7% month over month)
• Average list price: $342,900
• Price per square foot: $359
• Condos sold for 97.99% of list price - buyers are still negotiating
• Average days on market: 21 days
• HonestDoor Price average: $554,772 (up 3.99%)
• Estimated monthly rent: $2,437
• Rental yield: 3.91%
• Growth rank: 32 out of 37 neighbourhoods in Sherwood Park
• Price rank: 6 out of 21 - above average in price

The HonestDoor Price for condos is up 3.99% - the strongest positive signal in this whole report. The predicted value of $533,486 is still running below the 3-month average of $547,999, so there is some softness. But condos here are priced above most of the Sherwood Park competition, and they are selling faster than houses. That is not nothing.

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

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that house prices in Salisbury Village jumped 8.8% last month. It does not know that condo HonestDoor Prices are up nearly 4%. It is working with old information.

The HonestDoor Price is updated in real time using actual sales data, current listings, and market trends. For houses, that number is $795,359. For condos, it is $554,772. These are the figures that reflect what a buyer would actually pay today - not what the city guessed your home was worth last year.

If you are making any financial decision - refinancing, selling, even just understanding your net worth - your HonestDoor Price is the real-world check. Your tax assessment is a history lesson.

The So What: Should You Sell in Salisbury Village This Summer?

Honest answer - it depends on what you own and how patient you are.

If you own a house, you are sitting on one of the most expensive properties in Sherwood Park. That is a real advantage. But the growth rank of 53 out of 54 tells us that other neighbourhoods are appreciating faster. Buyers know this. With homes sitting on the market for 52 days and selling below list price, you need to price sharp and present well. Overpricing right now will cost you time and money.

If you own a condo, the faster days-on-market is encouraging. Condos are moving in 21 days, which means motivated buyers are out there. The HonestDoor Price is trending up 3.99%. If you are thinking about listing, summer could work in your favour - just keep your expectations grounded on price, because buyers are still landing below list.

For both property types, the rental numbers are worth knowing. Houses are pulling an estimated $3,547 per month in rent. Condos are at $2,437. If selling feels uncertain, holding and renting is a legitimate play while you watch the market settle.

Bottom line - Salisbury Village is a premium address in Sherwood Park. But premium addresses still need the right strategy. Check your HonestDoor Price, know where you stand, and make the move when the numbers make sense for you.

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.