Windermere, Edmonton - October 2026 Real Estate Report
Windermere Real Estate Right Now: Strong Prices, But Read the Fine Print
If you live in Windermere and you haven't checked your home's actual market value lately, you're probably working off a number that doesn't tell the whole story. Here's what's really going on in our corner of southwest Edmonton.
The Vibe: Houses vs. Condos - Two Very Different Stories
We're seeing a split market in Windermere right now, and it matters whether you own a house or a condo.
Houses: The average sale price hit $1,098,012 last month - up 15% from the month before. That's a big jump. But before you pop the champagne, homes are sitting on the market for an average of 61 days, and buyers are paying about 96.71% of list price. So yes, prices are climbing, but sellers are still making small concessions to get deals done. We're ranking 22nd out of 285 Edmonton neighbourhoods on price - that puts us firmly in the top tier. On the growth leaderboard, we sit at 101 out of 285, which is above average. Not leading the pack, but holding our own.
- Average sale price: $1,098,012 (up 15% month over month)
- Average list price: $1,011,580
- Price per square foot: $516
- Days on market: 61
- Properties sold last month: 32
- Sale-to-list ratio: 96.71%
- Rental yield: 5.11%
- Estimated rent: $3,596 per month
Condos: This is where we need to be honest with each other. Condo values have slid 3.84% recently, and units are sitting on the market for 126 days on average - longer than nearby Glenridding Heights at 113 days. Only 4 condos sold last month. The growth leaderboard puts us at 150 out of 297 Edmonton neighbourhoods - that's below average. The condo market here is taking a breather, and buyers know it.
- Average sale price: $273,188 (up 2.1% month over month)
- Average list price: $285,900
- Price per square foot: $254
- Days on market: 126
- Properties sold last month: 4
- Sale-to-list ratio: 95.17%
- Rental yield: 4.24%
- Estimated rent: $1,394 per month
The Secret Sauce: Your HonestDoor Price vs. That Government 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 actually sold on your street last week. The HonestDoor Price updates in real time, pulling from actual transactions as they happen.
For houses in Windermere, the average assessed value sits at $834,189. The average HonestDoor Price is $842,262 - about 0.97% higher. That gap might sound small, but on a home worth over $800,000, it's real money. For condos, the picture flips: the average assessed value is $274,315, but the HonestDoor Price is $250,089 - that's 8.83% lower than what the city has on the books. If you own a condo and you're making financial decisions based on your assessment, you could be working with a number that's significantly off.
The HonestDoor Price is the real-world check. It's what the market is actually saying your property is worth today - not what a government formula said it was worth last year.
The 'So What?': Thinking About Selling This Summer?
If you own a house in Windermere, the timing isn't bad. Prices are up, demand is real, and we rank 4th in all of Edmonton for total transaction volume - 186 sales recorded in 2026 across the neighbourhood. Buyers are active here. The catch is that 61-day average on the market. Price it right from day one. Homes that chase the top of the market are the ones sitting while the calendar flips.
If you own a condo, summer 2025 calls for a more careful approach. Values have dipped 3.84%, days on market are climbing, and nearby neighbourhoods like Glenridding Heights and Keswick Area are priced higher and growing faster. That's competition you need to account for. A sharp list price and a clean presentation will matter more than ever.
Either way, the first step is the same - pull your HonestDoor Price before you call an agent or set a number in your head. Windermere is one of Edmonton's top-tier neighbourhoods, ranked 19th in the city by assessed value. But the market right now rewards sellers who know their real number, not the one on a government notice from last spring.
- Windermere transaction volume rank in Edmonton: 4th out of all neighbourhoods
- House price rank: 22nd out of 285 Edmonton neighbourhoods
- Condo price rank: 63rd out of 218 Edmonton neighbourhoods
- Total properties assessed this year: 3,598 houses, 1,101 condos
- Neighbourhood growth year over year: 0.06% (houses), 0.09% (condos)
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.