Salisbury Village, Sherwood Park - July 2026 Real Estate Report

Salisbury Village Real Estate Update: Your Neighbour's Assessment Is Probably Wrong

If you own a home in Salisbury Village and you haven't checked your HonestDoor Price lately, you're flying blind. The market here is moving fast enough that last year's numbers - and definitely the city's tax assessment - are already out of date. Here's what's actually happening on our streets right now.

The Vibe: Houses vs. Condos

Houses - The Market Is Waking Up

If you've been watching the "For Sale" signs in Salisbury Village, here's what's actually happening with houses. The average sale price hit $753,333 this period - that's up 32.7% from last month. Three homes sold, which is 50% more than the month before. Things are moving.

• Average HonestDoor Price: $783,287
• Average sale price: $753,333 (up 32.7% from last month)
• Current listings averaging: $712,500
• Price per square foot: $419
• Homes selling at 98.81% of list price - buyers are close to full ask
• Average days on market: 12
• Predicted market value: $835,602
• Estimated monthly rent: $3,672 (rental yield of 4.99%)

Twelve days on market is not a slow neighbourhood. We're ranked 6 out of 26 for speed in Sherwood Park. On the neighbourhood leaderboard for growth, Salisbury Village houses sit at 6 out of 54 - that puts us in the top tier of the entire city. That's not a small thing. Most of our neighbours in Sherwood Park aren't even close.

One honest note: the HonestDoor Price has dipped 6.26% from the previous period, so this isn't a one-way rocket. But the predicted value of $835,602 is trending above the 3-month moving average of $808,985, which tells us the floor is holding and the direction is up.

Condos - Taking a Breather

The condo side of Salisbury Village is a different story right now, and we should be straight about it. One condo sold this period at $514,500. The predicted market value sits at $544,212, but that's actually down from the 3-month moving average of $556,345. Values have shifted by -3.90% recently.

• Average HonestDoor Price: $533,486 (down 1.97% from previous period)
• Average sale price: $514,500
• Current listings averaging: $525,000
• Price per square foot: $312
• Condos selling at 98.00% of list price
• Average days on market: 13
• Estimated monthly rent: $2,373 (rental yield of 3.90%)

The condo market here is stable, not collapsing. We rank 5 out of 21 for price in Sherwood Park - so we're still in the upper tier for what condos cost. Growth rank is 14 out of 37, which is above average. But if you own a condo and you're thinking about selling, the window to act is now, before that predicted value dips further.

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

Here's the thing about the city's assessed value - it's a snapshot from months ago, sometimes longer. It doesn't know that Salisbury Village houses are now ranking 6th out of 54 neighbourhoods for growth in Sherwood Park. It doesn't know that predicted house values are sitting at $835,602 while assessments are still catching up.

The HonestDoor Price is updated in real time. It pulls from actual transactions, current listing data, and live market signals. For houses, that means the difference between what the city thinks your home is worth and what a buyer would actually pay today could be significant. For condo owners, it's equally important - the HonestDoor Price is already reflecting the slight softening, so you're not getting a false sense of security.

Think of your tax assessment as last season's weather forecast. The HonestDoor Price is what's actually happening outside your window right now.

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

For house owners in Salisbury Village, the case for listing this summer is real. Prices are up sharply month-over-month, homes are selling in under two weeks, and buyers are paying within 1.2% of list price. That's a strong position to be in. The neighbourhood leaderboard ranking of 6 out of 54 for growth means buyers are actively looking here - we're not a hidden gem anymore, we're a known quantity.

For condo owners, the honest advice is this: don't wait too long. The predicted value is trending down from the 3-month average. You're still priced well compared to most of Sherwood Park, and 13 days on market means buyers are still active. But the longer you wait, the more that softening could eat into your number.

Either way, the first step is simple - check your HonestDoor Price today. Not your assessment. Not what your neighbour sold for two years ago. The number that reflects what's happening in Salisbury Village right now.

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.