Windermere vs Summerside: The Established Southwest vs the Lake Community

Windermere and Summerside are the two big names in Edmonton's south — one the established master-planned southwest, the other the lake community in the southeast. Their blended medians sit close ($497,600 vs $460,000), but the detached markets are a full tier apart: Windermere's single-family median is $675,000, Summerside's is $504,750 — a $170,000 gap for a house. Summerside answers with pace: its houses sold in a median of 27 days, the faster of the two. All figures: Paragon MLS® sold data, November 9, 2025 – November 8, 2026.

The head-to-head

Two different products: range and amenities vs the lake premium

Windermere sells range. Its 209 sales run from a $218,600-median condo layer (67 sales) up to a $3,900,000 top detached sale — first homes, move-up homes and estate product in one district, wrapped around the Currents retail and the river-valley edge. Its blended median ($497,600) understates its houses by more than $175,000 because the condo layer is so large.

Summerside sells one very specific lifestyle. 174 of its 235 sales were detached, at a $504,750 median — and the draw is Lake Summerside, the private beach club no other Edmonton community matches. Its 61 condo sales at a $292,000 median are the way in for buyers who want the lake without the detached price.

Direction and pace: Summerside moves faster, Windermere holds its price

Windermere's single-family median was essentially flat year over year ($670,000 to $675,000, +0.7%), and Summerside's eased slightly ($514,000 to $504,750, -1.8%). Neither market is running away; both are holding near their levels.

The real difference is pace. Summerside houses sold in a median of 27 days against Windermere's 33.5 — lake-access homes in good condition do not sit. Both areas' houses sold at 98.3–98.6% of final asking, so the negotiation room in either is in the list price, not the discount.

Which one fits you

Choose Windermere if you want the deeper, more layered market — estate options, a real condo entry point, the Currents amenities — and your budget reaches the $675,000 detached median.

Choose Summerside if the lake is the point: a detached house at a $504,750 median, roughly $170,000 under Windermere, with the beach club as the trade for a smaller, more uniform housing stock. Move quickly on the good ones — 27 days is the pace.

Either way: both areas' full sold tables, community guides and current listings are here — Windermere community guide · Summerside community guide · and the pair in regional context at the Edmonton Housing Data Centre.

How these numbers were worked out

Source: Paragon MLS® sold data, November 9, 2025 – November 8, 2026, with the prior-year window November 9, 2024 – November 8, 2025 for the change figures. Counts include single-family and condo property classes only. Medians are true medians of the actual sold records. Any split with fewer than 10 sales shows its count only (the thin rule). Price per square foot is Paragon's sold-price-per-square-foot field (sold price ÷ total floor area as recorded in the MLS®). Sold vs asking divides the sold price by the final list price. Full methodology: Edmonton Housing Data Centre.

Talk it through: call Travis Bannert at 780-720-8240. In the south, lake access and phase move prices as much as the neighbourhood name does — if you are weighing these two, he will pull the exact recent sales around the specific homes you are looking at.

Travis Bannert, Realtor® | Bridge Realty Group, Maxwell Progressive Realty
780-720-8240 | bridgerealtygroup.ca

Sources for this page

• Sold figures: Paragon MLS® sold data (master sold file), windows November 9, 2025 – November 8, 2026 and November 9, 2024 – November 8, 2025, counted as described in "How these numbers were worked out." Dataset snapshot read November 14, 2026.

Frequently asked questions

Is Windermere or Summerside more expensive?
For detached houses, Windermere — a $675,000 single-family median vs Summerside's $504,750 in the year to November 8, 2026. Blended medians ($497,600 vs $460,000) sit closer because both areas have large condo layers.

Which is better for a first home, Windermere or Summerside?
Windermere has the cheaper condo entry (67 sales at a $218,600 median); Summerside's condos ran higher (61 sales at $292,000) but come with Lake Summerside access.

How fast do homes sell in Windermere and Summerside?
Median days on market for single-family homes: Summerside 27 days, Windermere 33.5 days, in the year to November 8, 2026.

Are prices rising in Windermere or Summerside?
Neither moved much: Windermere's single-family median was flat (+0.7%) and Summerside's eased 1.8% year over year.