Woodbridge Farms, Sherwood Park - August 2026 Real Estate Report

Woodbridge Farms, Sherwood Park: Here's What Your Home Is Actually Worth Right Now

If you've been watching the "For Sale" signs around Woodbridge Farms lately, here's the straight story. The market here is holding its ground, buyers are paying over asking, and your city assessment is already out of date. Let's break it down.

The Vibe: Houses vs. Condos in Woodbridge Farms

We're seeing two pretty different stories play out on our streets right now, depending on what you own.

Houses - Steady, Fast, and Sellers Are Winning

• Average HonestDoor Price: $477,878
• Average sale price: $441,773
• Current listings averaging: $428,150
• Price per square foot: $305
• Homes selling at 101.30% of list price - buyers are going over asking
• Average days on market: 15 days
• 11 properties sold recently
• Predicted market value: $482,069
• Estimated monthly rent: $2,436 with a rental yield of 5.67%

Fifteen days on market is quick. For context, Village on the Lake homes are sitting for 20 days - we're moving faster than our neighbours. Buyers paying 101.30% of list price tells you there's real competition here. This is a sellers' market, not a soft one.

The one number worth watching: house values have dipped 1.77% recently. That's not a crash - it's a breather. The predicted value of $482,069 is still ticking up slightly from the 3-month average of $481,233, so the floor is holding.

On the neighbourhood leaderboard, Woodbridge Farms houses rank 25 out of 54 Sherwood Park neighbourhoods for growth - solidly above average. Days-on-market rank is 7 out of 26, meaning we're one of the faster-selling pockets in the city. Price rank sits at 25 out of 32, which puts us in the more affordable tier - and that's actually a selling point for attracting buyers who've been priced out elsewhere.

Condos - Affordable Entry Point With Momentum

• Average HonestDoor Price: $228,284 - up 5.10% from the previous period
• Average sale price: $126,000
• Current listings averaging: $155,900
• Price per square foot: $191
• Properties selling at 100.05% of list price
• Average days on market: 31 days
• 5 properties sold recently
• Predicted market value: $217,202
• Estimated monthly rent: $966 with a rental yield of 4.32%

Our condos are the most affordable in Sherwood Park - ranked 21 out of 21 on price. That sounds like a footnote, but flip it around: if you own one, you're sitting on an entry-level product in a city where buyers are actively looking for a foothold. The HonestDoor Price jumped 5.10%, which is the real signal here. That's momentum.

On the leaderboard, condo growth ranks 13 out of 37 Sherwood Park neighbourhoods - above average. Days on market at 31 days is slower than houses, but condos are still clearing. The predicted value of $217,202 is slightly off the 3-month average of $218,492, so we're watching that trend closely.

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on broad formulas, not what buyers are actually doing on your street right now.

The HonestDoor Price is a real-time check. It pulls in current sales data, local market movement, and comparable properties to give you a number that reflects today, not last year. For houses in Woodbridge Farms, that number is $477,878. For condos, it's $228,284 - and that one just moved up 5.10%.

If you're making any decision - selling, refinancing, or just figuring out where you stand - the HonestDoor Price is the number to start with. Your assessment is for tax purposes. The HonestDoor Price is for real life.

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

If you own a house in Woodbridge Farms and you've been on the fence, the conditions right now are about as good as a seller can ask for. Homes are gone in 15 days on average. Buyers are paying over list. There were 37 total property transactions in 2026 already, ranking us 11th in Sherwood Park for sales volume - this neighbourhood trades.

Price your house right and you won't be waiting long. The buyers are here.

For condo owners, the story is a bit more patient. Thirty-one days on market means you need to price sharp and present well. But that 5.10% jump in the HonestDoor Price is a green light - values are moving in the right direction. If you've been holding, you're in a better spot than you were last period.

Either way, check your HonestDoor Price before you call an agent. Walk into that conversation knowing your number - not the city's number from 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.