Wye Commercial, Sherwood Park - July 2026 Real Estate Report

Wye Commercial, Sherwood Park: What Your Neighbour Isn't Telling You About Property Values Right Now

The Vibe - What's Actually Happening on the Ground

If you own property in Wye Commercial, the honest answer is: it depends on what you own. Houses and condos are telling two very different stories right now, and knowing which story is yours could be worth a serious amount of money.

Houses - Big Numbers, But Watch the Trend

The average HonestDoor Price for a house in Wye Commercial sits at $6,045,000. That is not a typo. This is commercial-adjacent land and property, and the valuations reflect that. But here is the part we need to talk about - values have slipped 5.35% from the previous period, and the 3-month moving average is sitting at $6,812,900 compared to a predicted market value of $6,387,000. The market is taking a breather.

• Average HonestDoor Price: $6,045,000
• Recent value change: -5.35%
• 3-month moving average: $6,812,900
• Predicted market value: $6,387,000
• Average monthly rent estimate: $15,010
• Rental yield: 2.42%
• Airbnb potential: $745 per night
• Airbnb rank in Sherwood Park: 5th
• Neighbourhood growth rank: 45 out of 54 in Sherwood Park

That growth rank is the number to sit with. Ranking 45 out of 54 neighbourhoods puts Wye Commercial houses near the bottom of the Sherwood Park leaderboard right now. For us as owners, that means we are not riding a wave - we are watching one pass. The rental story is more interesting though. At $15,010 per month in estimated rent and a top-5 Airbnb ranking in all of Sherwood Park, the income potential here is real for the right property setup.

Condos - A Bright Spot With a Catch

Condo owners, here is your good news first. The average HonestDoor Price for condos in Wye Commercial is $395,750, and that number is up 7.36% from the previous period. In a market where houses are sliding, that is a genuine win.

• Average HonestDoor Price: $395,750
• Recent value change: +7.36%
• 3-month moving average: $407,542
• Predicted market value: $368,625
• Average monthly rent estimate: $2,065
• Rental yield: 4.08%
• Airbnb potential: $102 per night
• Airbnb rank in Sherwood Park: 23rd
• Neighbourhood growth rank: 37 out of 37 in Sherwood Park

Now the catch. That growth rank of 37 out of 37 means condos in Wye Commercial sit dead last on the Sherwood Park neighbourhood leaderboard. The short-term price bump is encouraging, but the 3-month moving average of $407,542 is already above the predicted market value of $368,625. That gap is a signal worth paying attention to. The 4.08% rental yield is the strongest number in the condo picture - better than the house yield - and that is where the real case for holding sits.

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 house values in Wye Commercial have dropped 5.41% recently. It does not know that the predicted market value for houses is now sitting below the 3-month average. It is working with old film in a digital world.

The HonestDoor Price is updated in real time. It is pulling live market signals, not last year's data. For a neighbourhood where values are actively moving - down for houses, up short-term for condos but with a shaky floor - knowing your actual number today is not just interesting. It is the difference between pricing right and leaving money on the table, or worse, chasing a number the market already left behind.

If your tax assessment says one thing and the HonestDoor Price says another, trust the one that knows what happened last month, not last year.

The So What - Should You Sell in Wye Commercial This Summer?

If you own a house here and you have been thinking about selling, this summer is a conversation worth having sooner rather than later. Values are sliding, the growth rank is near the bottom of the Sherwood Park leaderboard, and the gap between the moving average and predicted value suggests the market is still finding its floor. Waiting is a bet that things turn around - and right now, the data is not making that case.

If you own a condo, the recent 7.36% bump feels good, but the predicted market value of $368,625 is already below the moving average of $407,542. That spread tells us the recent gains may not have legs. If selling is on your radar, riding this short-term lift while it lasts is a smarter play than holding for a growth trend that currently ranks last in the city.

Either way, the first move is simple - check your HonestDoor Price today. Know your real number. Then decide.

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.