Sherwood Park Real Estate Market Update: November 2025 Statistics

Inventory Grows as Sales Dip: Pricing Remains Strong in a Shifting Market

Sherwood Park continues to be one of Alberta’s most sought-after communities for homeowners looking for a balance of suburban comfort, walkability, modern amenities, and proximity to Edmonton. As we near the end of 2025, the latest market data from November shows some cooling in sales volume, a boost in inventory, and continued strength in pricing.

In this blog, we’ll break down the November 2025 numbers for Sherwood Park, compare them to previous periods, and offer key takeaways for buyers, sellers, and investors navigating this evolving market.

📊 Key Sherwood Park Real Estate Statistics – November 2025

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Sherwood Park New  MLS® Listings

📦 New Listings Up—More Inventory for Buyers

There were 87 new listings in November 2025, a 14.47% increase over November 2024. This is good news for buyers who’ve been struggling with limited inventory earlier in the year.

On a year-to-date basis, 1,692 homes have hit the market in 2025, slightly up from 1,649 listings in 2024—a 2.61% increase. While not a massive influx, this steady growth in supply gives buyers more choice, especially as activity slows heading into winter.

Average Asking Price

🏷️ Sellers Staying Confident With Higher List Prices

The average asking price rose to $530,000 in November 2025, up 6.52% from November 2024. This increase shows that sellers are still confident in market conditions, pricing their homes based on strong year-over-year appreciation.

Year-to-date, the average list price across all of 2025 sits at $524,000, up 6.36% compared to 2024. Although sales volume is down, sellers are generally getting close to their asking price, with relatively minor negotiation needed.

Sherwood Park Home Sales

🏠 Sales Volume Drops Significantly

In November 2025, Sherwood Park saw 86 properties sold, a 22.52% decrease from November 2024. This drop follows a seasonal trend seen in many Canadian real estate markets but is also influenced by a gradual shift from a seller’s market to a more balanced market.

Year-to-date, 1,323 homes have sold, representing an 8.44% decline compared to the same period in 2024. This trend suggests buyer fatigue or affordability limits may be influencing decision-making, especially as we approach the end of the year.

Average Sale Price

💰 Average Sale Price Climbs to $528,000

Despite fewer sales, prices remain strong. The average sale price in November was $528,000, up 6.11% from the same time last year. Year-to-date, Sherwood Park homes have sold for an average of $511,000, which is a 7.01% increase over 2024.

This consistent growth in home values reflects buyer demand for high-quality homes in a community that offers lifestyle, convenience, and long-term investment potential.

📉 Ask-to-Sell Ratio Slides Below 1.0

The ask-to-sell ratio in November was 0.984, a 0.96% decline from the same time last year. This means homes are now selling on average for 1.6% below list price, indicating that buyers have gained a bit more negotiating power.

However, the year-to-date ratio remains strong at 1.006, meaning most homes still sell very close to asking.

Average Days on Market

⏱️ Homes Taking Slightly Longer to Sell

The average days on market in November rose to 47 days, up from 45 days a year ago—a 4.44% increase. This is typical for the late fall and early winter months when fewer buyers are actively shopping.

However, year-to-date, homes in Sherwood Park are still selling faster overall, with an average of 31 days on market in 2025, compared to 40 days in 2024—a significant 22.5% reduction.

📅 Year-to-Date (YTD) Totals – Jan to Nov 2025

🔍 What This Means for Buyers

1. More Listings = More Choice
   Buyers now have more selection than earlier in the year. If you’ve been waiting for the right home, this may be your opportunity.
2. Prices Are Still Climbing
   With average sale prices up 6–7% year-over-year, waiting too long could mean paying more later.
3. Negotiation is Back
   A small drop in the ask-to-sell ratio means you might have room to negotiate on price or conditions—especially for homes that have been on the market longer.
4. Be Financially Ready
   Even with slightly slower activity, homes are still selling quickly when priced right. Being pre-approved can help you move quickly when you find the right fit.

💡 What This Means for Sellers

1. Pricing Strategy is Crucial
   Buyers are showing more price sensitivity, and the slight dip in the ask-to-sell ratio proves it. Listing too high could lead to extended time on market.
2. Demand is Still There
   Despite fewer sales, strong pricing trends show buyers are still willing to pay for well-presented, well-located homes.
3. Fewer Competing Listings
   While inventory is up slightly, it’s still not overwhelming. This gives motivated sellers the opportunity to stand out—especially with strategic marketing and staging.
4. Act Before Winter Fully Sets In
   Listing in November or early December allows you to capture serious buyers before the holidays slow the market further.

📍 Strong-Performing Neighbourhoods

Some Sherwood Park communities continue to stand out in 2025:

• Emerald Hills – With newer homes and close proximity to shopping and dining, demand remains strong here.
• Heritage Hills – Mature lots and established streets make this a perennial favourite.
• Lakeland Ridge – Popular for families due to schools, trails, and community design.
• Summerwood – Excellent value and commuter access keep this neighbourhood top of mind for first-time buyers and investors.

🔮 Looking Ahead to December and Early 2026

Expect activity to taper off into December, as is typical for the winter months. However, if pricing holds and inventory remains steady, we may see a strong start to the spring 2026 market.

Interest rate trends and affordability will likely determine whether pent-up demand drives higher activity in Q1 next year.

📞 Ready to Make a Move in Sherwood Park?

Whether you’re looking to buy, sell, or simply explore your options, it pays to work with a trusted local expert. Sherwood Park is a nuanced market, and having the right advice can save you time, stress, and money.

📲 Contact Christina Reid at 780-717-5267 for a custom home evaluation or buyer consultation today.

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

Strathcona County Website