If you have been watching the "For Sale" signs on your street, here is what is actually happening. Woodbridge Farms is a tale of two property types - and where you land depends entirely on whether you own a house or a condo.
The house market here is taking a breather. The average sale price sits at $441,773, which is down 9.1% from last month. That is a number worth paying attention to. Listings are averaging $428,150 right now, and price per square foot is around $305.
Here is the good news though - 11 houses sold last month, up 10% from the month before. And sellers are still getting above asking, with homes closing at 101.3% of list price on average. That means buyers are still competing. Properties are moving in an average of 15 days, which is genuinely fast. On the neighbourhood leaderboard, Woodbridge Farms ranks 8 out of 26 for days-on-market in Sherwood Park. That is a strong position.
The predicted market value for houses is $490,763, which is actually climbing above the 3-month moving average of $482,526. Rental yield sits at 5.65% - that is a strong return if you are thinking about this as an investment. We are not in a crash. We are in a market that is recalibrating after a hot run.
Condos in Woodbridge Farms tell a different story. The average sale price is $126,000, with listings averaging $155,900. Price per square foot is $191. Five condos sold last month, and they are sitting on the market for an average of 31 days - slower than houses, and slower than most of Sherwood Park.
On the neighbourhood leaderboard, condos here rank 21 out of 21 for price in Sherwood Park. That means Woodbridge Farms condos are the most affordable in the city. For a first-time buyer or an investor looking for a low barrier to entry, that is actually a selling point. But the predicted value of $210,883 is trending below the 3-month moving average of $216,631, and recent value change is sitting at -7.26%. The condo market here needs watching.
Here is something most homeowners do not realize. Your city assessment is a snapshot frozen in time - often based on data that is 12 to 18 months old by the time it lands in your mailbox. In a market that moved 9.1% in a single month for houses, that number is already out of date before you even open the envelope.
The HonestDoor Price is updated in real time using actual transaction data. Right now, the average HonestDoor Price for houses in Woodbridge Farms is $482,069. For condos, it is $217,202 - up 3% from the previous period. These are live numbers, not last year's guess.
If you are making any decision - selling, refinancing, even just figuring out if your insurance coverage still makes sense - the HonestDoor Price is the real-world check against a static government number. Use it first.
If you own a house in Woodbridge Farms and you are thinking about listing this summer, the window is open - but it is not as wide as it was six months ago. Buyers are still paying over asking, and 15 days on market means you are not going to be sitting around waiting. But the 9.1% month-over-month price drop is a signal that pricing your home right from day one matters more than ever. Overpricing it and chasing the market down is the worst move you can make right now.
If you own a condo, be honest with yourself about the timeline. The market is stable but slow. Thirty-one days on market and a predicted value trending downward means you want to price sharp and present well. The buyers are there - they are just being careful.
For both property types, check your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not theirs.
Woodbridge Farms is not a neighbourhood in trouble. It is a neighbourhood in transition. The people who move smart right now are the ones who know their real numbers - not the ones waiting for a letter from the city to tell them what their home is worth.
woodbridge farms | sherwood park | july 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.