Sherwood Park Real Estate Market Update: October 2025 Statistics

Sherwood Park continues to be one of the most desirable and resilient housing markets in the Greater Edmonton Area. As a community that blends suburban comfort, quality schools, walkable neighbourhoods, and easy access to Edmonton, Sherwood Park consistently attracts buyers looking for both lifestyle and value.

In October 2025, the market experienced a decline in the number of homes sold, but this was balanced by a notable increase in new listings and continued strength in pricing metrics. These shifts reflect a market that is still very much alive—albeit with seasonal softening and slightly more breathing room for buyers compared to the frenzy seen earlier in the year.

Let’s dive into the data and what it means for those looking to buy or sell real estate in Sherwood Park.

📊 October 2025 Key Market Metrics

Interactive bar graphs

Sherwood Park New  MLS® Listings

📈 Inventory Bounces Back With New Listings

There were 159 new listings in October—17.78% more than last year, giving buyers more selection and potentially contributing to the dip in sales as inventory builds.

On a year-to-date basis, Sherwood Park has seen 1,605 new listings in 2025, up 2.03% from 1,573 listings over the same period in 2024. While not a massive jump, this modest inventory expansion is helping to balance the market and improve opportunities for buyers who were struggling earlier in the year.

Average Asking Price

🏷️ Sellers Holding Firm on Price Expectations

The average asking price in October rose to $525,000, up 6.67% year-over-year. Sellers clearly remain confident in the market, supported by the stability in sale prices and quicker selling times earlier this year.

Sherwood Park Home Sales

📉 Sales Slow in October, but Reflect Seasonal Trends

In October 2025, Sherwood Park saw 115 residential properties sold, a 20.14% drop from the 144 sales recorded in October 2024. This decline is consistent with seasonal patterns, as buyers typically become more cautious heading into the late fall and early winter months.

Looking at the year-to-date figures, 1,237 homes have sold in 2025, representing a 7.27% decline compared to 1,334 sales during the same period in 2024. The tapering volume suggests that while demand is still healthy, affordability pressures and buyer fatigue may be reducing overall transaction counts.

Average Sale Price

💵 Home Prices Continue to Appreciate

Despite slower sales, home values in Sherwood Park have remained exceptionally resilient:

• The average sale price in October 2025 was $495,000, a 1.02% increase from the same month last year.
• Year-to-date, the average sale price is $510,000, up 7.14% from the $476,000 average in 2024.

These gains reflect ongoing buyer confidence in the local market and support the view that Sherwood Park remains a safe and appreciating real estate investment.

📉 Ask-to-Sell Ratio – A Slight Cooldown

While the ask-to-sell ratio dipped slightly to 0.993, this still indicates that homes are selling very close to list price. Buyers may be negotiating more assertively, but sellers are still capturing nearly full value.

Average Days on Market

⏱️ Days on Market Hold Steady

Homes in Sherwood Park sold in an average of 32 days in October, which is unchanged from the same month last year. Year-to-date, the average time on market has dropped by 23%, from 39 days in 2024 to 30 days in 2025.

This shows that homes are still moving quickly, especially when priced appropriately and presented well.

📅 Year-to-Date Snapshot (Jan–Oct 2025 vs 2024)

🧠 What This Means for Buyers

• More Choices: With new listings rising and overall sales easing, there’s more breathing room and selection in the market.
• Prices Are Stable: Prices haven’t dropped, but appreciation has slowed, giving buyers a better shot at negotiating.
• Seasonal Leverage: October through December often presents strategic opportunities for buyers who are ready to move while others pause for the holidays.
• Pre-Approval Still Key: Despite a slower pace, competition exists for well-priced homes. Being financially ready still matters.

💡 What This Means for Sellers

• Still a Seller-Friendly Market: Despite fewer sales, prices remain up and homes are selling near asking price.
• Pricing Matters More Now: With increased listings, buyers have options. Homes priced too high may sit longer than expected.
• Presentation Is Key: A staged, well-marketed home can still sell in under 30 days.
• Motivated Buyers Are Out There: Fall buyers are often serious, financially qualified, and looking to close before year-end.

📍 Top Performing Neighbourhoods in Sherwood Park

Certain Sherwood Park communities continue to perform exceptionally well:

• Emerald Hills – Popular with professionals and commuters, close to amenities and newer builds.
• Lakeland Ridge – Known for its schools, green spaces, and family-friendly layout.
• Heritage Hills – Offers larger, mature lots and a quieter suburban experience.
• Summerwood – Ideal for first-time buyers and downsizers, with newer homes and easy access to highways.

🔮 Looking Ahead to the Winter Market

As we move into the colder months, it’s expected that both listings and sales will slow. However, prices are likely to remain steady, buoyed by low inventory and consistent demand from families looking to relocate before the new year or early spring.

Sellers should focus on strategic pricing and standout marketing, while buyers may want to take advantage of less competition to negotiate favourable deals.

📞 Need Help Navigating Sherwood Park’s Market?

Whether you’re buying, selling, or investing, Sherwood Park remains one of Alberta’s most attractive real estate markets. Navigating these seasonal shifts and pricing trends requires local knowledge and market insight.

📲 Call or text Christina Reid at 780-717-5267 for personalized guidance, property evaluations, or access to exclusive listings.

Data provided by the REALTORS® Association of Edmonton and subject to change. Always consult with a real estate professional for the most current market information. 

If you would like more information on the Sherwood Park real estate market contact Chris Reid

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