Sherwood Park Real Estate Market Update: February 2026 Statistics

The Sherwood Park real estate market continued to evolve in February 2026 as the early spring market began to take shape. While overall sales dipped slightly compared to the same month last year, the year-to-date numbers show positive growth in sales activity, and pricing levels remain relatively stable across the market.

Sherwood Park continues to be one of the most desirable suburban communities near Edmonton, known for its excellent schools, family-friendly neighbourhoods, and convenient access to major employment centres. These factors continue to support long-term housing demand in the area.

This month’s report provides a detailed look at home sales, pricing trends, inventory levels, and market conditions to help buyers and sellers better understand what is happening in the Sherwood Park housing market.

Key Sherwood Park Real Estate Statistics – February 2026

Market Activity Slows Slightly While Inventory Tightens

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Sherwood Park New  MLS® Listings

Inventory levels declined slightly in February, with 114 new listings entering the market, representing an 8.06% decrease compared with February 2025.

Year-to-date, Sherwood Park has seen 209 new listings, which is 7.11% lower than the same period last year.

Lower inventory can create a tighter market environment if buyer demand continues to rise. If listing activity remains low heading into spring, Sherwood Park could experience increased competition among buyers later in the year.

Average Asking Price

The average asking price for homes in Sherwood Park during February was $525,000, which represents a 5.36% increase over February 2025.

This increase suggests that sellers remain confident about the value of their properties. Rising asking prices also indicate that homeowners are responding to the strong market conditions experienced throughout much of 2025.

On a year-to-date basis, the average asking price has reached $535,000, up 5.68% compared with the same period last year.

This continued growth in list prices highlights the overall strength of the Sherwood Park housing market.

Sherwood Park Home Sales

Sherwood Park recorded 84 residential property sales in February 2026, representing a 4.55% decrease compared to February 2025. While the monthly figure shows a small dip, the year-to-date trend is more encouraging.

So far in 2026, 145 homes have sold, which is a 2.11% increase over the same period in 2025. This indicates that the market is still seeing steady buyer demand despite the typical seasonal slowdown that often occurs early in the year.

It is also worth noting that February sales often begin to build momentum as buyers start preparing for the spring market. If this trend continues, Sherwood Park could see stronger sales numbers heading into March and April.

Average Sale Price

The average sale price in Sherwood Park during February 2026 was $515,000, representing a 3.04% decrease compared with February 2025. While this decline may seem notable at first glance, it is relatively small when viewed in the broader context of long-term market performance.

Looking at the year-to-date numbers, the average sale price currently sits at $505,000, only 0.49% lower than the same period last year. This suggests that prices are holding relatively stable, despite minor fluctuations from month to month.

The sales price chart on the report shows that Sherwood Park has experienced consistent price growth over the past several years, with only occasional short-term adjustments.

For homeowners, this stability continues to reinforce Sherwood Park as a strong long-term investment market.

Average Ask to Sell Ratio

The average ask-to-sell ratio in February was 1.004, meaning that homes sold for approximately 100.4% of their list price.

This indicates that many homes are still selling very close to — or slightly above — their asking price.

Year-to-date, the ratio sits at 0.995, which suggests that sellers are still achieving near-list-price sales, though buyers may have slightly more negotiating power than they did during the strongest seller markets of previous years.

Average Days on Market

Homes in Sherwood Park took an average of 44 days to sell in February, which represents a 37.5% increase compared with February 2025.

This longer selling timeline is typical during winter months, when fewer buyers are actively shopping for homes.

However, the year-to-date average of 51 days on market also shows that homes are taking slightly longer to sell than they did at the same time last year.

While this suggests a modest shift toward a more balanced market, well-priced homes in desirable neighbourhoods are still selling quickly.

Year-to-date figures show slightly different trends compared with the monthly data.

Year-to-Date Market Comparison (2026 vs 2025)

What This Means for Buyers

For buyers considering purchasing a home in Sherwood Park, the current market presents both opportunities and challenges.

Inventory remains somewhat limited, which means the best homes may still receive multiple offers. However, the slightly longer days on market and small price adjustments could provide buyers with more negotiating room than they had in recent years.

Buyers should still be prepared to act quickly when the right home becomes available, especially in popular neighbourhoods.

What This Means for Sellers

Sellers in Sherwood Park continue to benefit from strong property values and stable demand.

Even though the market is slightly more balanced than it was during the peak seller markets, homes that are priced appropriately and presented well are still attracting buyers.

With the spring market approaching, homeowners who are considering selling may want to begin preparing their homes now in order to take advantage of the increased buyer activity expected in the coming months.

Sherwood Park Real Estate Outlook

Looking ahead to the spring market, Sherwood Park appears well positioned for continued stability.

Key trends to watch include:

• Inventory levels entering the spring market
• Interest rate movements and mortgage affordability
• Migration into the Edmonton region
• Continued demand from families seeking suburban communities

Sherwood Park’s strong amenities, schools, and proximity to Edmonton ensure that it remains one of the most desirable communities in the region.

If buyer demand continues to grow while inventory remains limited, the market could see moderate price growth later in 2026.

Thinking About Buying or Selling in Sherwood Park?

Whether you are planning to buy your first home, upgrade to a larger property, or sell your current home, understanding the market trends is essential to making the right decision.

Working with a knowledgeable local real estate professional can help you navigate the Sherwood Park market with confidence.

For expert advice on buying or selling in Sherwood Park, contact:

Chris Reid
Century 21 Leading
📞 780-717-5267
🌐 chrisreidedmonton.com

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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