Sherwood Park
Sherwood Park

Sherwood Park Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

128

New

151(-7.93% YoY)

Relisted

4(+100.00% YoY)

Compared to number of active, same period, in 2024: 187, in 2023: 5, in 2022: -

Total Sold Listings*

-

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 1, in 2023: 0, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Sherwood Park - All types

Sold vs Active vs New vs Relisted - Sherwood Park - All types

Sold Price Distribution - Sherwood Park - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Sherwood Park - All types

Property type distribution based on data from the last 3 months.

Median Price - Sherwood Park - All types

Population and Demographics

Overview

Total population 70404
Average household income $152,310

Age (%)

0 to 19
25%
35 to 49
21%
50 to 64
20%
65 and plus
18%
20 to 34
17%

Household composition (%)

Single family
74%
Single person
22%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Owners
85%
Renters
15%

Top 5 Schools in Sherwood Park

Strathcona Christian Academy Elementary School52362 Range Road 231, T8B 0A3, Sherwood Park, AB
9.4/10
Public
New Horizons School1000 Strathcona Drive, T8A 3R6, Sherwood Park, AB
8.7/10
Public
Heritage Hills Elementary School280 Heritage Drive, T8A 6J8, Sherwood Park, AB
8.4/10
Public
Lakeland Ridge School101 Crimson Drive, T8H 2P1, Sherwood Park, AB
8.4/10
Public
Éâcole Claudette-et-Denis-Tardif10 Hawkins Crescent, T8A 3P2, Sherwood Park, AB
8.3/10
Public