HonestDoor

    Woodhaven, Spruce Grove - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Spruce Grove, Woodhaven

    Woodhaven, Spruce Grove: What Your Neighbours Are Not Telling You About Home Values Right Now

    If you own a home in Woodhaven and you have not checked your property value lately, this is your nudge. The market here is doing two very different things depending on whether you own a house or a condo - and the gap between what the city thinks your place is worth and what it could actually sell for is wider than most people realize.

    The Vibe: Houses vs. Condos

    Houses - Taking a Breather, But Still Holding Ground

    Let us be straight with you. The house market in Woodhaven is cooling off. The average sale price this month came in at $373,500, which is down 21.9% from last month. That is a big single-month swing, and it is worth paying attention to. Homes are sitting on the market for an average of 37 days, which is a bit slower than nearby Millgrove at 33 days. Buyers are also paying about 98.77% of list price, meaning they are negotiating small discounts before signing.

    That said, do not panic. The HonestDoor Price for houses here sits at $473,774 - up 1.17% from the previous period. The predicted market value is $468,280. These numbers tell us that while the short-term sales data is soft, the underlying value of Woodhaven houses is holding relatively steady. Think of the monthly sale price dip as noise, not a trend - yet.

    • Average HonestDoor Price (Houses): $473,774 - up 1.17%
    • Average Sale Price This Month: $373,500
    • Average List Price This Month: $398,900
    • Price Per Square Foot: $301
    • Average Days on Market: 37
    • Sale-to-List Ratio: 98.77%
    • Estimated Monthly Rent: $2,279 - rental yield of 5.75%
    • Properties Sold This Month: 2
    • Neighbourhood Growth Rank: 1 out of 19 in Spruce Grove

    That growth rank is the number we want you to sit with. Out of 19 comparable neighbourhoods in Spruce Grove, Woodhaven houses rank number 1 for value growth. That is the neighbourhood leaderboard, and we are at the top of it. Even with a slow month for sales, the long-term trajectory here is strong.

    Condos - Fast Sales, Affordable Entry, Modest Returns

    The condo story in Woodhaven is a different one. We are talking about a much more affordable entry point - the average sale price this month was $225,000, and the one condo that sold went for exactly list price. No negotiating, no discounts. That is a balanced market signal.

    The speed is notable too. Condos here are selling in an average of 7 days, which ranks 2nd fastest out of 12 comparable neighbourhoods in Spruce Grove. If you own a condo and need to move, that is genuinely good news for your timeline.

    • Average HonestDoor Price (Condos): $279,322 - up 0.34%
    • Average Sale Price This Month: $225,000
    • Price Per Square Foot: $236
    • Average Days on Market: 7
    • Sale-to-List Ratio: 100%
    • Estimated Monthly Rent: $1,234 - rental yield of 4.25%
    • Properties Sold This Month: 1
    • Days-on-Market Rank: 2 out of 12 in Spruce Grove (very fast)
    • Price Rank: 11 out of 12 (among the most affordable in Spruce Grove)

    The honest caveat here is that condo value growth ranks last - 17 out of 17 comparable neighbourhoods. The predicted market value of $278,363 is also slightly below the 3-month moving average of $280,445. Condos in Woodhaven are a solid, affordable option, but they are not the appreciation play right now.

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

    Here is something most homeowners in Woodhaven do not think about until it is too late. Your city assessment is a snapshot from the past. It gets updated once a year, uses broad strokes, and does not account for what is actually happening on your street right now.

    The HonestDoor Price is different. It pulls from real-time sales data, current market conditions, and comparable properties to give you a live estimate of what your home is actually worth today. For Woodhaven houses, that number is $473,774. For condos, it is $279,322.

    Why does this matter? Because if you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - you want a number that reflects today, not last January. The HonestDoor Price is that real-world check. It is free, it is current, and it is a much smarter starting point than waiting for the city to catch up.

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

    If you own a house in Woodhaven and you are thinking about listing this summer, here is the honest read. The short-term sales data is soft - two sales, a lower average price, and 37 days on market. Buyers right now have a little more leverage than they did a few months ago. But the fundamentals are not broken. You are sitting in the number 1 ranked neighbourhood for growth in Spruce Grove, and your HonestDoor Price is holding above $470,000.

    The play here is pricing smart from day one. Homes are selling at 98.77% of list price, which means overpricing will cost you time and negotiating power. Come in sharp, lean on your HonestDoor Price as your anchor, and you are in a reasonable position to sell well before the leaves turn.

    If you own a condo and want to sell, the news is actually pretty good on timing. Seven days on market is fast. Buyers are paying full list price. The window to move quickly is open right now. Just go in with realistic expectations on price - this is an affordable segment of the market, and that is what is driving the demand.

    Bottom line for Woodhaven: houses are in a soft patch but backed by strong fundamentals, and condos are moving fast at the right price. Check your HonestDoor Price today - it is the most current number you have got.

    woodhaven | spruce grove | september 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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