Westboro, Sherwood Park - July 2026 Real Estate Report

Westboro, Sherwood Park: Your Neighbours Are Selling Fast - Here Is What You Need to Know

If you have been watching the "For Sale" signs in Westboro lately, here is what is actually happening. Houses are moving in 10 days flat, buyers are paying over asking, and the HonestDoor Price tells a very different story than whatever the city last assessed your property at. Let us break it down.

The Vibe: Houses vs. Condos

These two property types are living in completely different worlds right now, and if you own in Westboro, which one you hold matters a lot.

Houses - This is a sellers' market, full stop.

The average sale price for houses in Westboro hit $481,580 this month - up 5.0% from last month. Listings are sitting at $458,200 on average, but here is the kicker: homes are actually selling at 101.93% of list price. Buyers are not just meeting the ask, they are beating it. With only 10 days on market on average and 5 sales recorded (up 25% from last month), demand is clearly outpacing supply. Price per square foot is running around $399. For context, comparable houses in Village on the Lake are selling at $435,755 - so we are already ahead of the neighbours.

• Average sale price: $481,580 (up 5.0% month-over-month)
• Average list price: $458,200
• Sale-to-list ratio: 101.93% - buyers are paying above asking
• Average days on market: 10
• Price per square foot: $399
• Properties sold this period: 5 (up 25% from last month)
• Days-on-market rank: 4 out of 26 in Sherwood Park - one of the fastest-selling pockets in the city

The HonestDoor predicted market value for houses sits at $951,346, with a rental estimate of $3,761 per month and a rental yield of 5.11%. That is a strong return for anyone holding investment property here. The 3-month moving average is $958,107, so values are taking a slight breather, but the month-over-month sales momentum tells us demand is still very real.

Condos - A different story, and we should be honest about it.

The condo picture in Westboro is more complicated. The HonestDoor Price for condos is $8,275,324 - up 1.83% from the previous period - but the predicted market value of $8,126,781 is sitting below the 3-month moving average of $8,461,135. Property values have shifted by -7.47% recently, and the growth rate ranks 29 out of 37 comparable neighbourhoods in Sherwood Park. That puts us in below-average territory for condo growth right now. The rental yield of 0.89% is moderate at best. The Airbnb rank of 4 in Sherwood Park is genuinely impressive though - short-term rental potential here is among the strongest in the city, with an estimate of $728 per night.

• HonestDoor Price (condos): $8,275,324 (up 1.83%)
• Predicted market value: $8,126,781
• 3-month moving average: $8,461,135
• Recent value change: -7.47%
• Rental estimate: $14,654 per month
• Rental yield: 0.89%
• Airbnb estimate: $728 per night
• Airbnb rank in Sherwood Park: 4 out of the city - top tier
• Growth rank: 29 out of 37 in Sherwood Park

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 houses in Westboro just sold at 101.93% of list price this month. It does not know that buyers are competing. It is essentially a photograph of a market that has already moved.

The HonestDoor Price is updated in real time using actual transaction data, current listings, and neighbourhood-level trends. For houses in Westboro, the average HonestDoor Price is $984,090 - up 3.44% from the previous period. That is your real-world number. That is what a buyer today is likely thinking about when they look at your home.

If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - your HonestDoor Price is the number to start with, not the one the city mailed you last year.

And for comparison, here is how Westboro stacks up against nearby neighbourhoods on the HonestDoor Price for houses:

• Westboro: $984,090
• Broadmoor Estates: $583,460
• Village on the Lake: $515,769
• Woodbridge Farms: $482,069

We are not just ahead - we are in a different bracket. That gap is worth knowing about.

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

If you own a house in Westboro and selling has crossed your mind, the data right now is about as friendly as it gets. Homes are gone in 10 days. Buyers are paying over list. Sales volume is climbing. The neighbourhood leaderboard has us ranked 4 out of 26 in Sherwood Park for speed of sale - that is nearly the top of the city. You will not be sitting on the market waiting.

The one honest caveat: our growth rate for houses ranks 37 out of 54 in Sherwood Park. We are not the fastest-appreciating pocket in the city right now. But fast appreciation and fast sales are two different things - and right now, Westboro is absolutely a fast-sales market. If your goal is a clean, quick transaction at or above your asking price, this summer sets up well.

If you own a condo, the calculus is different. Values have pulled back recently and growth is below average for the area. That does not mean it is a bad time to sell - it means you need to price it right and lean into the short-term rental story if you are marketing to investors. That Airbnb rank of 4 in Sherwood Park is a real selling point worth putting front and centre.

Bottom line: check your HonestDoor Price before you do anything else. It is free, it is current, and it will tell you more about where your home stands today than any assessment notice sitting in your kitchen drawer.

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.