Windermere, Edmonton - August 2026 Real Estate Report

Windermere Real Estate Right Now: Strong Prices, But the Market Is Shifting

If you own a home in Windermere and you haven't checked your HonestDoor Price lately, now is the time. The city's assessment is already out of date. The real numbers tell a more interesting story - and depending on whether you own a house or a condo, that story reads very differently.

The Vibe: Houses vs. Condos in Windermere

Houses - Still Expensive, But Taking a Breather

Let's be straight with each other. The house market in Windermere is cooling. Sales dropped 35.7% from last month, and the 18 homes that did sell went for 97.86% of list price - meaning buyers are negotiating, and winning. The average sale price sits at $832,939, down 5.2% from last month. Homes are sitting on the market for 52 days on average, which is noticeably longer than nearby Rivers Edge at 28 days. That gap matters if you're planning to sell.

The good news? Windermere houses still rank 31st out of 285 Edmonton neighbourhoods by price. We are firmly in the top tier. The predicted market value for a house here is $864,448, which is actually ticking up slightly against the 3-month moving average of $861,059. So while the short-term sales data shows a slowdown, the underlying value hasn't collapsed.

• Average sale price: $832,939 (down 5.2% from last month)
• Average list price this month: $853,917
• Price per square foot: $385
• Average days on market: 52
• Sale-to-list ratio: 97.86%
• Predicted market value: $864,448
• Estimated monthly rent: $3,657
• Rental yield: 5.08%
• Properties sold this month: 18
• Growth rank: 170 out of 292 Edmonton neighbourhoods

Condos - Fast Movers, But Watch the Value Trend

Condo activity in Windermere is thin right now - only 1 unit sold this month. But here's the interesting part: that unit sold in just 18 days, which ranks us 12th out of 111 Edmonton neighbourhoods for speed. When a Windermere condo hits the market at the right price, it moves fast.

The catch is that condo values are drifting down. The predicted market value is $258,878, which is below the 3-month moving average of $261,331. The one sale that did close went for $350,000, but buyers still paid only 95.89% of list price. Nearby condos in Keswick Area and Glenridding Heights are priced higher and growing faster, so we're not leading the pack in this category.

• Average sale price: $350,000
• Average list price this month: $365,000
• Price per square foot: $296
• Average days on market: 18
• Sale-to-list ratio: 95.89%
• Predicted market value: $258,878
• Estimated monthly rent: $1,385
• Rental yield: 4.24%
• Properties sold this month: 1
• Growth rank: 193 out of 302 Edmonton neighbourhoods

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from months ago, built on a formula that doesn't know what's happening on your street right now. For houses in Windermere, the average assessed value is $834,348. The average HonestDoor Price is $857,212. That's a $22,864 gap - and it reflects what the market actually looks like today, not what a government spreadsheet calculated last year.

For condo owners, the picture flips. The average assessed value is $274,315, but the HonestDoor Price is $261,193 - about 4.78% lower. If you're a condo owner using your assessment to set expectations about what your unit is worth, you may be overestimating. The HonestDoor Price is the real-world check that keeps you from making decisions based on stale data.

With 3,597 houses and 1,101 condos assessed in Windermere this year, and 150 total property transactions recorded in 2026, there's enough market activity here to make the HonestDoor Price a genuinely useful number - not a guess.

The 'So What?': Thinking About Selling This Summer?

For house sellers - the window is still open, but it's narrowing. Buyers are taking longer to decide (52 days on market), they're paying below list price, and sales volume is down sharply. If you're serious about selling this summer, price it right from day one. Homes that chase the market down take longer and cost more in the end. Your HonestDoor Price of $857,212 on average is a smarter starting point than your assessment.

For condo sellers - move quickly if you're going to move. The one condo that sold this month did it in 18 days, which tells us that motivated, well-priced condos still find buyers fast. But the value trend is pointing down, and nearby neighbourhoods like Glenridding Heights and Keswick Area are outpacing us on both price and growth. Waiting is not your friend here.

For buyers - Windermere houses are still ranked among the most expensive in Edmonton (31st out of 285), so you're buying into a premium address. But with sellers accepting below list price and days on market climbing, you have more leverage than you did six months ago. Use it.

Bottom line: Windermere is not a neighbourhood in trouble. With 150 transactions in 2026, a house rental yield of 5.08%, and a price rank in the top 11% of Edmonton, the fundamentals are solid. But the short-term signals say the market is recalibrating. Check your HonestDoor Price, know what you actually have, and make your move with real numbers - not last year's assessment.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.