Sherwood Park Condo Market Report

February 2016

Prices of condos in Sherwood Park have remained relatively stable throughout the past year.  With the exception of townhouse condos, the number of condos sold per month has been increasing since November.  The market for condos in Sherwood Park remains strong, especially for those priced under $450,000.

February 1 - 29, 2016

Apartment Condos (includes all apartment condos sold in Sherwood Park)

Average Sale Price of an Apartment Condo in Sherwood Park:  $280,118      

Number of Apartment Condos Sold:  11

Average Days on Market (DOM) of Sold Condos:  35     

Average Sale Price in February 2015:  $273,600

2 Bedroom Apartment Condos

Average Sale Price of a 2 Bedroom

Sherwood Park Real Estate Market Report

January 2016

January 1-31, 2016

Average Sale Price of a Single Family Home:  $476,687    

Number of Homes Sold:  31       

Average Days on Market (DOM) of Sold Homes:  52

January 2015

Average Sale Price of a Single Family Home:  $444,907

Number of Homes Sold:  40

Average DOM of Sold Homes:  38

As of February 11, 2016:

Average List Price (Active Listings):  $499,762

Number of Single Family Homes on the Market:  165

Search the MLS Here for Homes on the Market in Sherwood Park

January 2015 - January 2016

Overall, activity in the Sherwood Park real estate market was strong from March to July with prices remaining relatively unchanged until then.