Westboro, Sherwood Park - September 2026 Real Estate Report

Westboro, Sherwood Park: Your Neighbour Just Got a Surprise - Are You Keeping Up?

If you own a home in Westboro and you haven't checked your property value lately, you might be leaving serious money on the table. The market here is doing two very different things depending on what you own - and both stories are worth reading before you make any moves this summer.

The Vibe: Houses vs. Condos - Two Very Different Stories

Let's be straight with each other. For houses, we're in a market that's taking a breather. The average sale price sits at $494,480, which is down 1.4% from last month. Homes are selling at about 98.1% of list price, meaning buyers are getting a small discount at the table. With 5 sales this month and an average of 25 days on market, things are moving - just not at a sprint. Our growth rank of 44 out of 53 neighbourhoods in Sherwood Park puts houses in the bottom tier for price appreciation right now. That's the honest truth.

• Average house sale price: $494,480 (down 1.4% from last month)
• Average list price this month: $525,000
• Price per square foot: $406
• Sale-to-list ratio: 98.10% - buyers are paying below ask
• Average days on market: 25
• Properties sold this month: 5
• Rental yield: 5.12% - that's a strong return for investors
• Growth rank: 44 out of 53 neighbourhoods in Sherwood Park

Condos are a completely different conversation. We're looking at an average HonestDoor Price of $8,150,102 - yes, that number is real. The predicted market value is climbing to $8,921,677, up from a 3-month moving average of $8,441,260. Condo values here have jumped 7.81% recently, and that puts Westboro condos at rank 1 out of 37 comparable neighbourhoods in Sherwood Park. That's the top of the leaderboard. If you own a condo here, you're sitting in the best-performing segment in the area.

• Average condo HonestDoor Price: $8,150,102
• Predicted market value: $8,921,677
• 3-month moving average: $8,441,260 - values are trending up
• Recent value change: up 7.81%
• Growth rank: 1 out of 37 neighbourhoods in Sherwood Park - top of the board
• Airbnb rank in Sherwood Park: 4 - strong short-term rental demand

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

Here's the thing about your city assessment - it's a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. That's the difference between knowing what your home was worth and knowing what it's worth today.

For house owners in Westboro, the HonestDoor Price average is $1,017,249 - up 4.49% from the previous period. Compare that to the average sale price of $494,480 and you can see there's a wide range of property values in this neighbourhood. Knowing exactly where your specific home sits on that range is the whole game. A static government assessment won't tell you that. Your HonestDoor Price will.

For condo owners, the gap between what the city thinks your unit is worth and what the market is actually doing could be enormous. With values up 7.81% recently and a predicted value of $8,921,677, relying on last year's assessment to price or insure your property is a real risk. Check your HonestDoor Price now - not in six months.

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

If you own a house in Westboro and you're thinking about listing this summer, the window is open but it's not wide open. Buyers are negotiating - that 98.1% sale-to-list ratio tells us they have a little leverage right now. That doesn't mean you can't sell well. It means you need to price sharp from day one. Overpriced listings are sitting. Correctly priced homes are moving in about 25 days.

The rental yield of 5.12% on houses is genuinely strong. If selling isn't urgent, holding and renting is a real option worth running the numbers on - especially with an estimated $3,809 per month in rental income.

If you own a condo, the timing looks better. You're in the number one growth neighbourhood in Sherwood Park right now. Buyers looking at nearby options like Woodbridge Farms, Broadmoor Estates, and Broadmoor Centre are finding cheaper prices - but Westboro condos are outperforming all of them on growth. That's a story you can tell a buyer. Use it.

Bottom line - whether you're holding, selling, or just curious, pull your HonestDoor Price today. The market is moving fast enough in Westboro that waiting for your next assessment is the one thing you really can't afford to do.

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.