Edmonton's Best Neighbourhoods Based on Sale Price to List Price Ratio

One way to find out if a neighbourhood is in high demand, is to consider how much the buyer's are able to negotiate off of the list price.  If the sale price to list price ratio is high, then that means that the sellers are in the "driver's seat" and can be firm on price negotiations.  In effect, there are more buyers wanting to be in the neighbourhood then there are sellers.  100% sale price to list price ratio would be a full list price offer.  The average sale price to list price ratio in Edmonton in the last 12 months (May 2012 to April 2013) for single family detached houses is 97.33% or 2.67% off of the list price.  Here are the top 10 neighbourhoods in Edmonton:

Top Selling Price to List Price Ratio
Malmo Plains 98.92%
Clareview Town Centre 98.82%
Bonnie Doon 98.8%
Parkallen 98.655
Tweddle Place 98.58%
Meadowlark Park 98.55%
Allendale 98.41%
Trumpeter 98.39%
Ritchie 98.33%
Greenfield 98.32%

This is a pretty broad cross section of the city.  Just like the top neighbourhoods with the fastest days on market homes, these top 10 neighbourhoods are in many different areas of the city.  Some of the same neighbourhoods pop up though, for example Clareview Town Centre, Malmo Plains and  Meadowlark Park are all in the top 10 fastest selling neighbourhoods as well.  In the stats above, I did not consider new homes (2012 or newer), as many of these homes are sold by builders and often sell for full list price.  For more detailed sales statistics broken down by neighbourhoods, visit Edmonton's best neighbourhoods based on Sale Price to List Price Ratio