Best Edmonton Neighbourhoods Based on Full Priced Offers

The best Edmonton neighbourhoods based on full priced offer is a great way to see how many homes have likely ended up in bidding wars.  A home rarely sells for list price or higher unless a multiple offer situation comes up.  There are exceptions, particularly in new subdivisions where homes often sell for list price or higher due to builders adding in features to the price of a home.  Here are the top 10 neighbourhoods with full priced offers over the previous 12 months (September 2012 to August 2013).

10) Rutherford

9) Hazeldean

8) Kiniski Gardens

7) Chapelle

6) Alberta Avenue

5) Ritchie

4) Bonnie Doon

3) Windermere

2) Summerside

1) King Edward Park

Rutherford, Chapelle, Windermere and Summerside are all newer areas that still have new construction going on.  So, the stats could be a little skewed due to builder sales.  King Edward Park, Bonnie Doon, Ritchie and Hazeldean are all Mill Creek Ravine area neighbourhoods. The Mill Creek Ravine area continues to be a very popular location, and this is also reflected in other stats like the days on market average and sold price to list price ratios.  For more professional advice on buying or selling real estate in the Edmonton area please contact me at Best Edmonton Neighbourhoods