Deep Dive into Windermere's Real Estate Trends in June 2024

Windermere, a sought-after neighborhood in Edmonton, is showcasing a dynamic real estate market as of June 2024. The varying degrees of listing absorption rates across different property types highlight unique opportunities for both buyers and sellers. This analysis explores the benchmark prices, listing activities, and market dynamics that are shaping Windermere’s real estate landscape.

Total Residential Market Insights


In June 2024, Total Residential properties in Windermere have a listing absorption rate of 48%, indicating a competitive market leaning towards a seller's market but still offering reasonable opportunities for buyers. The benchmark price for these properties is $635,704, which has seen a slight decrease of 3.43% from the previous month but an impressive annual increase of 29.21%. This suggests that while there may be short-term fluctuations, the overall value trend in the area remains robustly positive. With 88 active listings and 42 sales in June, the market is active, with properties spending an average of 28 days on the market.

Detached Homes Market Dynamics


Detached homes in Windermere show a slightly less active market with a 47% listing absorption rate. The benchmark price stands at $786,126, reflecting a month-to-month increase of 3.37% and a significant yearly rise of 31.57%. These figures indicate a strong demand for detached homes, underpinned by their limited availability and increasing value. There were 64 active listings and 30 sales in June, and homes sold in an average of 27 days, slightly quicker than the broader residential market.

Apartment Condominium Sector Performance


The apartment condominium sector in Windermere presents the most balanced market scenario with a 50% listing absorption rate. Benchmark prices for condos are at $259,649, up 13.33% from last month and 10.12% from last year, reflecting increasing interest and value in more affordable housing options within the community. With 24 active listings and 12 sales, condos are spending an average of 29 days on the market, indicating a healthy turnover.


If you're considering diving into the Windermere real estate market, whether to buy your dream home or sell for the best possible return, now is a promising time. Reach out to Gurpreet Ghatehora with the Mani Bagga Team at Royal LePage Magna for expert guidance tailored to your needs. With a proven track record, recognized among the Top 100 Agents in Canada, and serving Edmonton since 2007, we ensure a seamless and successful real estate experience. Contact us at 780-951-6530 or explore more at Edmontonhomesonsale.com—your gateway to a successful property transaction in Windermere.

#WindermereEdmonton #June2024RealEstate #EdmontonHomes #YEGRealEstate #WindermereHomesForSale #EdmontonPropertyMarket #GurpreetGhatehora #ManiBagga #RoyalLePageMagna #EdmontonRealtors #YEGHomes #EdmontonCondos #WindermereMarketInsights #YEGHousingTrends #EdmontonHomeBuyers #InvestInWindermere #YEGPropertySales #EdmontonLuxuryHomes #YEGRealEstateInvestment #WindermereLiving


#WindermereEdmontonRealEstate #WindermereMarketStatsJune 2024 #EdmontonRealEstateTrends

#Windermere Detached Homes Prices #Windermere Apartment Condominiums #Edmonton Housing Market Analysis #Gurpreet Ghatehora Realtor #edmonton #yeg