Windermere, Edmonton - July 2026 Real Estate Report

Windermere Real Estate Right Now: Strong Houses, Soft Condos, and a Tax Assessment That's Already Out of Date

The Vibe in Windermere

If you live in Windermere and you haven't checked your home's actual market value lately, now is the time. The house market here is holding up well - prices are climbing and buyers are active. The condo side is a different story. Here's the honest breakdown.

Houses: Still One of Edmonton's Pricier Addresses

We're sitting in the top tier for Edmonton house prices. The average sale price for a house in Windermere hit $891,504 this month - that's up 4.0% from last month. Sellers are getting 98.04% of their asking price, which means buyers aren't getting big discounts. They're paying close to full price.

• Average sale price: $891,504 (up 4.0% month over month)
• Average listing price: $685,946
• Price per square foot: $595
• Average days on market: 42
• Properties sold this period: 27 (up 8.0%)
• Sale-to-list ratio: 98.04%
• Predicted market value (HonestDoor): $860,590
• Estimated monthly rent: $3,642
• Rental yield: 5.09%
• Price rank in Edmonton: 32 out of 285 - among the most expensive
• Growth rank: 135 out of 302 - above average

One thing worth watching: homes here are sitting on the market for 42 days on average. Nearby Rivers Edge is moving faster at 28 days. That gap tells us buyers in Windermere are taking their time. They're not panicking to buy, but they are buying. The market isn't stalling - it's just not a frenzy.

Condos: Taking a Breather

The condo numbers need some context. The average sale price dropped to $230,300 this month - down 26.2% from last month. That sounds alarming, but with only 5 units sold, one or two cheaper sales can swing the average hard. Still, condos are sitting on the market for 61 days and selling at 96.68% of list price. Buyers have the upper hand here.

• Average sale price: $230,300 (down 26.2% month over month)
• Average listing price: $209,133
• Price per square foot: $269
• Average days on market: 61
• Properties sold this period: 5 (down 16.7%)
• Sale-to-list ratio: 96.68%
• Predicted market value (HonestDoor): $261,102
• Estimated monthly rent: $1,399
• Rental yield: 4.24%
• Growth rank: 162 out of 296 - below average

Nearby condos in Glenridding Heights are selling for around $260,000 and growing faster at 0.12% year over year. If you own a condo in Windermere and are thinking about selling, pricing it sharp matters right now. Buyers are comparing their options across the whole southwest.

The Secret Sauce: Your Tax Assessment Is Already Stale

Here's the thing about your city assessment. It's a snapshot from the past. The government assessed the average Windermere house at $834,348. The HonestDoor Price for that same house is $864,448 right now - that's 3.61% higher than what the city says your home is worth. That gap represents real money if you're making decisions about selling, refinancing, or even just understanding your net worth.

For condos, the story flips. The city assessed the average Windermere condo at $274,315. The HonestDoor Price is $258,878 - which is 5.63% lower than the city's number. If you're a condo owner, your property might actually be worth less than your tax bill suggests. That's worth knowing.

The HonestDoor Price updates in real time using actual sales data. Your city assessment updates once a year and reflects a market that may look nothing like today's. Checking your HonestDoor Price takes two minutes and gives you a real-world number - not a government estimate that's already months behind.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Windermere and you're thinking about listing this summer, the conditions are genuinely decent. Prices are up, sales volume is up, and you're in one of Edmonton's top 32 most expensive neighbourhoods. Buyers are paying near asking price. You're not leaving money on the table the way you might in a softer market.

The 42-day average days on market means you should plan for a realistic timeline - not a weekend bidding war, but not a six-month slog either. Price it right from day one. Overpricing in a market where buyers are already taking their time will cost you more than a small price reduction upfront.

If you own a condo, be honest with yourself about the current conditions. Volume is low, days on market are long, and nearby neighbourhoods are outperforming Windermere condos on both price and growth. That doesn't mean you can't sell - it means your pricing strategy and presentation need to be sharper than average.

Either way, start with your HonestDoor Price. It's the most current number available - not what the city guessed your home was worth last January.

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.