Sherwood, Calgary - August 2026 Real Estate Report

Sherwood, Calgary: Your Neighbour Just Got a Reality Check on Their Home Value

If you have been assuming your city assessment tells the full story, it does not. The real-world numbers in Sherwood right now are telling a different story - and depending on whether you own a house or a condo, that story hits your wallet in very different ways. Here is what is actually going on.

The Vibe: Houses vs. Condos in Sherwood

Let us start with houses, because there is something interesting happening. We are seeing average sale prices sitting at $822,580 - up 7.1% from last month - but homes are sitting on the market for an average of 51 days. That is longer than nearby Kincora at 32 days. So yes, prices ticked up, but buyers are not rushing. They are taking their time, and on average they are paying about 97.68% of list price. Sellers are getting close to what they are asking, but not everything they are asking.

• Average house sale price: $822,580 (up 7.1% from last month)
• Average list price: $842,560
• Price per square foot: $378
• Average days on market: 51
• Properties sold this month: 5
• Sale-to-list ratio: 97.68%

Condos are a quieter story. Only 2 sold this month, prices are essentially flat at $364,500, and buyers are paying about 95.82% of list. At 36 days on market, condos are moving a bit faster than houses, but still slower than Kincora next door. We are not in a frenzy here - it is a steady, patient market for condo buyers.

• Average condo sale price: $364,500
• Average list price: $379,450
• Price per square foot: $329
• Average days on market: 36
• Properties sold this month: 2
• Sale-to-list ratio: 95.82%

The Neighbourhood Leaderboard - Where Does Sherwood Actually Rank?

Here is a stat worth knowing. For houses, Sherwood ranks 153 out of 236 Calgary neighbourhoods for growth. That puts us in the below-average tier right now. For condos, it is 118 out of 216 - also below average. We are not at the bottom, but we are not leading the pack either. On price, houses rank 90 out of 220 - solidly above average. Condo prices rank 94 out of 175, which is just below average. The takeaway: Sherwood is a higher-priced neighbourhood that is currently growing slower than many of its peers.

Compared to the neighbours, Hamptons is outpacing us on growth and price for both houses and condos. Kincora is cheaper and growing at a similar pace. If you are watching where the momentum is, Hamptons is the one to watch - but Sherwood holds its own on price.

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, based on data that is already stale by the time it lands in your mailbox. The HonestDoor Price is updated in real time, pulling from actual market activity - not a government formula that runs once a year.

For Sherwood houses, the average city assessment is $815,921. The HonestDoor Price is $772,493. That is a gap of over $43,000. If you are pricing your home based on your assessment, you could be starting the conversation in the wrong place entirely. The HonestDoor Price has nudged up 0.14% recently, but the predicted market value of $771,390 is actually sitting below the 3-month moving average of $775,863. The market is taking a breather.

For condos, the gap is just as telling. City assessment: $358,620. HonestDoor Price: $337,280 - down 0.50% from the previous period. That is a $21,000 difference, and the trend is moving in the wrong direction. The predicted value of $339,924 is also below the 3-month average of $344,310. Condo values in Sherwood are quietly drifting lower.

• House assessed value: $815,921 - HonestDoor Price: $772,493 (5.32% lower)
• Condo assessed value: $358,620 - HonestDoor Price: $337,280 (5.95% lower)
• House rental estimate: $3,537/month - rental yield: 5.10%
• Condo rental estimate: $1,754/month - rental yield: 4.12%

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

If you are a house owner eyeing a summer sale, the window is open but it is not wide. Prices are up month-over-month, which is good news. But 51 days on market means buyers are not panicking. You need to price sharp from day one. Overpricing based on your assessment is the fastest way to sit on the market while Kincora listings move faster.

For condo owners, be honest with yourself. Values are drifting down, sales volume is thin at just 8 transactions so far in 2026, and buyers are negotiating below list. That does not mean you cannot sell - it means you need to go in with a realistic number. Your HonestDoor Price is the better starting point than your assessment.

The rental picture does offer a silver lining. A 5.10% rental yield on houses is genuinely strong. If selling does not feel right this summer, renting is a real option worth running the numbers on. At $3,537 a month in estimated rent, holding a Sherwood house is not a bad position to be in while you wait for the market to find its footing again.

Bottom line: Sherwood is a solid, higher-priced neighbourhood that is currently in a slow-growth phase. Know your real number before you make any moves. Check your HonestDoor Price at HonestDoor.com - it is the most current read on what your home is actually worth today, not what the city guessed six months ago.

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.