The Allendale Edmonton real estate average sale price per square foot continues to stay over $330 for the last 4 quarters. This University area neighbourhood continues to be in high demand. Due to it's close proximity to the U of A, Allendale is a very popular area for rentals. In fact 43% of the sales last year were of homes with basement suites. That is up from 2010 when 37% of the homes sold in Allendale had a basement suite. The highest sale price for a home in Allendale in 2012 has been $497,000. The average time to sell a house in Allendale in 2012 has been 27 days. That is roughly twice as fast as the Edmonton average days on market in 2012 of 48 days.
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