The Best Edmonton neighbourhoods based on sale price ratio is another measure of a neighbourhoods popularity. There are currently 7 neighbourhoods in Edmonton (with at least 2 or more sales) in 2013 (January 1 to June 1) that have a selling price that is on average higher than the list price. Edmonton is currently sitting at 97.72% sale price to list price ratio from January 1, 2013 to June 1, 2013. The top 7 neighbourhoods are:
7) Rideau Park 100.17% sale price to list price ratio
6) Meyonohk 100.24% sale price to list price ratio
5) Orchards at Ellerslie 100.47% sale price to list price ratio
4) Parkallen 100.52% sale price to list price ratio
3) Bonnie Doon 100.78% sale price to list price ratio
2) Tweddle Place 101.08% sale price to list price ratio
1) Idylwylde 101.41% sale price to list price ratio
The top three include two Mill Creek Ravine area neighbourhoods (Bonnie Doon and Idylwylde). There are also a couple neighbourhoods in Millwoods (Meyonohk and Tweddle Place). Parkallen and Rideau Park are both south central neighbourhoods south of the University of Alberta. The Orchards at Ellerslie is a new area in deep south Edmonton. This stat is a little misleading for brand new areas as often builders will build in extras to a new home and therefore the home will sell for more than list price. If you would like help in the sale or purchase of a home please contact me at Best Edmonton Neighbourhoods.