Sherwood, Calgary - July 2026 Real Estate Report

Sherwood, Calgary: Your Neighbour Just Listed. Here Is What You Actually Need to Know.

If you have been watching the "For Sale" signs pop up around Sherwood this season, here is the straight story on what the numbers are telling us right now. No spin, no fluff - just what it means for your wallet.

The Vibe: Houses vs. Condos in Sherwood

Houses - Taking a Breather

Our house market is cooling off, and the data is pretty clear about it. The average sale price sits at $768,338 - down 6.1% from last month. Homes are sitting on the market for 34 days on average, which is noticeably longer than nearby Kincora where houses are moving in 20 days. That gap matters if you are planning to sell.

• Average sale price: $768,338 (down 6.1% from last month)
• Average list price this month: $762,738
• Price per square foot: $378
• Homes selling at 96.49% of list price - buyers are negotiating below ask
• 13 properties sold this month
• Average days on market: 34
• Predicted market value: $778,944
• Rental yield: 5.09% - that is a strong return if you are thinking landlord
• Estimated monthly rent: $3,560

The predicted value of $778,944 is actually creeping up past the 3-month moving average of $774,039, so there is a floor forming here. We are not in freefall - we are just in a market where buyers have options and they know it. On the neighbourhood leaderboard, Sherwood houses rank 159 out of 233 Calgary neighbourhoods for growth. That puts us in the below-average tier right now.

Condos - A Weird Month, Read Carefully

The condo numbers look exciting on the surface - average sale price up 29% from last month to $364,500. But pump the brakes. Only 2 condos sold this month. When volume is that low, one higher-priced unit can swing the average dramatically. Do not read this as a condo boom in Sherwood.

• Average sale price: $364,500 (up 29% from last month - low volume, treat with caution)
• Average list price this month: $379,450
• Price per square foot: $329
• Condos selling at 95.82% of list price - buyers still negotiating below ask
• 2 properties sold this month
• Average days on market: 36
• Predicted market value: $344,764
• Rental yield: 4.12% - moderate, but still workable
• Estimated monthly rent: $1,785

The predicted value of $344,764 is slightly below what condos are fetching in nearby Kincora ($357,388). On the neighbourhood leaderboard, Sherwood condos rank 132 out of 216 Calgary neighbourhoods for growth - also below average. Condos here are taking 36 days to sell versus 20 days in Kincora. That is a meaningful difference if you are a seller counting days.

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

Here is the thing about your city assessment - it is a snapshot from months ago, calculated using broad formulas that do not account for what buyers are actually doing on your street today. The city assessed the average Sherwood house at $815,921. But the HonestDoor Price for that same house is $771,390. That is a $44,531 gap.

For condos, the city says $358,620. HonestDoor says $338,983. Another gap of nearly $20,000.

Why does this matter? If you price your home based on your assessment, you are starting from a number that is already out of sync with the real market. The HonestDoor Price updates in real time using actual transaction data - like the 43 house sales and 8 condo sales that happened in Sherwood in 2026. It is the real-world check against a static government number. Checking your HonestDoor Price right now, before you list, could save you weeks of sitting on the market at the wrong price.

• House - Average assessed value: $815,921
• House - Average HonestDoor Price: $771,390 (down 0.97% recently)
• Condo - Average assessed value: $358,620
• Condo - Average HonestDoor Price: $338,983 (down 1.40% recently)
• Both are running about 5.5% below assessed value - that is the gap to watch

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

Honest answer? Sherwood is not a seller's dream market right now, but it is not a disaster either. Here is how to think about it depending on what you own.

If you own a house - you have a real asset. Price rank is 95 out of 220 Calgary neighbourhoods, meaning you are above average in price compared to most of the city. That is leverage. But buyers are paying below list price and taking their time - 34 days on average. If you list this summer, price sharp from day one. Homes chasing the market down after a price cut sit longer and sell for less. Start at the right number.

If you own a condo - the market is softer. Only 8 condo transactions happened in all of 2026 so far, and the HonestDoor Price has dipped 1.40%. Nearby Hamptons condos are fetching $538,594 on average, which shows what a premium location commands. Sherwood condos are priced below average for Calgary at rank 114 out of 173. If you need to sell, be realistic on price. If you can hold, the rental yield of 4.12% and estimated $1,785 per month in rent makes holding a reasonable play.

For both property types, the move right now is simple - check your HonestDoor Price, compare it to your assessment, and use that real-world number as your starting point. The neighbours who sell well this summer will be the ones who priced for the market that exists, not the one from last year's assessment notice.

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.