Salisbury Village, Sherwood Park - October 2026 Real Estate Report
Salisbury Village Real Estate Check-In: Strong Prices, But the Market Is Taking a Breather
If you own a home in Salisbury Village and you haven't looked at your HonestDoor Price lately, now is the time. Prices are still sitting near the top of the Sherwood Park leaderboard - but the numbers are shifting, and what your house is worth today is not what the city's last assessment says it is.
The Vibe: Houses vs. Condos
Let's break down what's actually happening on our streets right now.
Houses
We are sitting in a genuinely interesting spot. The average sale price for houses came in at $727,500 this month - up 1.0% from last month. That's real money moving in the right direction. But here's the honest part: homes are selling at about 97.55% of list price, which means buyers are negotiating. With listings averaging $839,800 and sales landing at $727,500, there is a gap worth paying attention to.
- Average HonestDoor Price: $778,578
- Average sale price: $727,500 (up 1.0% from last month)
- Average list price: $839,800
- Price per square foot: $340
- Days on market: 52 days (faster than nearby Maple Grove at 76 days)
- Properties sold in 2026: 12
- Rental estimate: $3,488 per month
- Rental yield: 5.08%
- Price rank in Sherwood Park: 2 out of 32 - we are near the top
- Growth rank in Sherwood Park: 47 out of 51 - bottom of the leaderboard
That growth rank is the number to watch. Being ranked 47 out of 51 neighbourhoods for price growth means Salisbury Village houses are holding value because of where they sit in the market - not because values are climbing fast. The 3-month moving average for predicted value is $786,681, and the current predicted value of $781,396 is trending below that. The market here is cooling, not crashing, but it is worth knowing.
One bright spot for landlords and investors: a 5.08% rental yield on a house in this price range is genuinely strong. If you are thinking about renting instead of selling, the math is not bad.
Condos
Our condo market is smaller but moving quickly. One sale closed at $525,000 - nearly full list price at 99.08% - and it only sat on the market for 15 days. That is fast. Condos here are ranked 5 out of 17 for days on market in Sherwood Park, which means when a condo lists in Salisbury Village, it does not sit around.
- Average HonestDoor Price: $523,888 (down 2.87% from previous period)
- Average sale price: $525,000
- Average list price: $529,900
- Price per square foot: $354
- Days on market: 15 days
- Properties sold in 2026: 4
- Rental estimate: $2,348 per month
- Rental yield: 3.89%
- Price rank in Sherwood Park: 7 out of 21 - above average
- Growth rank in Sherwood Park: 23 out of 37 - below average
The condo HonestDoor Price has dipped 2.87% recently, and the predicted value of $539,384 is also trending below its 3-month average of $542,547. The rental yield of 3.89% is moderate - decent, but not the standout story that houses are telling. If you own a condo here and are on the fence about selling, the speed of that one recent sale is encouraging.
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 have shifted, that the 3-month moving average is trending down, or that buyers are negotiating below list price right now.
The HonestDoor Price updates in real time. For houses, it is sitting at $778,578. For condos, it is $523,888. These numbers reflect what is actually happening in the market today - not what a government office calculated last year. If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check you need. Your assessment is a starting point. The HonestDoor Price is where the conversation actually begins.
The So What: Thinking About Selling This Summer?
If you are a homeowner in Salisbury Village with a house, here is the straight talk. You are in one of the top 2 most expensive neighbourhoods in Sherwood Park for house prices. That is a strong position. But with a growth rank of 47 out of 51, you are not riding a rising tide right now - you are holding a premium asset in a market that is levelling off.
Selling this summer could work in your favour for a few reasons. Buyers are still active - 52 days on market is not bad, and it beats Maple Grove by more than three weeks. But pricing matters more than ever. The gap between list prices and sale prices tells us that overpriced homes are sitting. Homes priced close to the HonestDoor Price of $778,578 are the ones that move.
For condo owners, the story is actually pretty good. One sale, 15 days on market, nearly full list price. If you are thinking about listing, the demand is there - just keep your expectations grounded in the HonestDoor Price, not wishful thinking.
Bottom line: Salisbury Village is still one of the pricier addresses in Sherwood Park, and that matters. But the window for peak pricing may not stay open forever. If selling is on your radar, this summer is worth taking seriously - and your HonestDoor Price is the number to start with.
salisbury village | 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.