If you have been eyeing your latest city assessment and feeling pretty good about yourself, hold on. The real-world numbers tell a slightly different story - and knowing the difference could save you from a costly mistake whether you are buying, selling, or just keeping score.
If you have been watching the "For Sale" signs in Sherwood lately, here is what is actually happening. Houses are moving, and they are moving with some confidence.
We are sitting at 21 days on market, which beats nearby Kincora at 26 days. That tells us demand in Sherwood is real. On the neighbourhood leaderboard, our growth rate ranks 79 out of 238 Calgary neighbourhoods - that puts us solidly in the above-average tier. Our days-on-market rank is 20 out of 82, meaning we sell faster than most comparable areas. Price rank sits at 85 out of 220 - above average, no question.
The predicted market value for houses sits at $772,270, which is just slightly off the 3-month moving average of $774,051. Nothing alarming, but it is worth watching. Rental yield for houses comes in at 5.10% with an estimated rent of $3,537 per month - that is a number that gets investors paying attention.
The condo side of Sherwood is a different conversation. Two sales last month, 36 days on market, and a sale price of $364,500 that is essentially flat. Condos are selling at 95.82% of list price, and they are sitting longer than Kincora condos at 26 days. The market is not falling apart - it is just taking a breather.
The condo growth rank is 108 out of 216 Calgary neighbourhoods - still above the midpoint, but not leading the pack. The predicted value of $338,004 is actually slightly below nearby Kincora at $354,761, which is worth noting if you are comparing options. Hamptons condos are sitting at $564,235 with positive growth - a reminder that not every nearby neighbourhood is on the same trajectory as us right now.
Here is the thing about your city assessment - it is a snapshot from months ago, built on formulas that do not account for what buyers are actually doing on the ground today. The HonestDoor Price is updated in real time, pulling from actual market activity. That gap is not just a number - it is money.
For Sherwood houses, the average city assessment is $815,658. The average HonestDoor Price is $778,834. That is a 4.51% difference. If you are pricing your home based on the assessment alone, you could be starting the conversation in the wrong place entirely.
For condos, the gap is even wider. The average assessed value is $358,373. The HonestDoor Price is $333,162 - that is 7.03% lower. The HonestDoor Price for condos has also dipped 1.16% from the previous period, which is a signal worth taking seriously before you set your expectations.
The HonestDoor Price is your real-world check. It is what the market is actually saying your home is worth today - not what a government formula calculated last year.
If you own a house in Sherwood and you are thinking about listing this summer, the conditions are about as good as they have been. Homes are selling in 21 days, demand is outpacing several nearby neighbourhoods, and a 7.0% month-over-month price jump is not something you see every season. The window is open - but windows close.
A few things to keep in mind before you call your agent:
If you own a condo, the calculus is different. With 36 days on market, a softening predicted value, and only 2 sales last month, this is not the moment to rush a listing and hope for a bidding war. Price it sharp, know your HonestDoor Price of $333,162, and be realistic. The buyers are there - they are just being choosy.
Bottom line: Sherwood is a solid neighbourhood with real demand on the house side and a condo market that needs a patient, clear-eyed approach. Check your HonestDoor Price at HonestDoor.com before you make any moves - it is the number that actually reflects today, not last year.
sherwood | calgary | september 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.