Carlisle, Edmonton - August 2026 Real Estate Report

Carlisle, Edmonton: Your Home Is Worth Way More Than the City Thinks

If you have not looked at your property value lately, here is the short version - the city's assessment and what your home actually sells for are living in completely different realities right now. And if you own a house in Carlisle, that gap is massive.

The Vibe: What Is Actually Happening in Carlisle

Houses - We Are in Seller Territory

Houses in Carlisle are moving fast and selling strong. The average sale price is sitting at $403,000, and homes are spending just 8 days on the market before going under contract. That days-on-market rank is 7 out of 108 Edmonton neighbourhoods - meaning we are one of the fastest-selling areas in the entire city. When your neighbour puts up a sign, do not blink.

• Average sale price: $403,000
• Average list price this month: $414,950
• Price per square foot: $292
• Sale-to-list ratio: 103.77% - buyers are paying over asking
• Average days on market: 8
• HonestDoor predicted value: $832,341
• 3-month moving average: $819,433 - and the trend is climbing
• Estimated monthly rent: $2,975
• Rental yield: 5.60%
• Recent value change: up 1.56%
• Growth rank: 90 out of 292 Edmonton neighbourhoods - above average

Buyers are not just meeting the asking price here - they are beating it. A 103.77% sale-to-list ratio tells us this is a genuine sellers' market, not a soft one. If you own a house in Carlisle, you have real leverage right now.

Condos - Fast Sales, But the Market Is Taking a Breather

The condo side of Carlisle is a different story. Sales volume is thin - only 1 unit sold recently - so take the month-over-month numbers with a grain of salt. That said, condos are still moving quickly at 18 days on market, which ranks 12 out of 111 Edmonton neighbourhoods. That is very fast. The catch is that the HonestDoor predicted value has dipped slightly to $198,909, just below the 3-month average of $200,594, and the recent value change is -0.60%.

• Average sale price: $327,500
• Average list price this month: $329,900
• Price per square foot: $198
• Sale-to-list ratio: 99.27% - buyers have a little room to negotiate
• Average days on market: 18
• HonestDoor predicted value: $198,909
• 3-month moving average: $200,594 - slight downward drift
• Estimated monthly rent: $1,088
• Rental yield: 4.32%
• Recent value change: -0.60%
• Growth rank: 179 out of 302 Edmonton neighbourhoods - below average

Condo owners, the market is not collapsing - but it is not sprinting either. The price rank of 85 out of 218 means we are above average in price compared to other Edmonton condo markets, which is a solid position to be in even during a slower stretch.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the number that should make every house owner in Carlisle sit up straight. The city's average assessed value for a house here is $372,518. The average HonestDoor Price is $827,101. That is a gap of 122% - meaning the city's assessment is essentially telling you your home is worth less than half of what the real-world market says it is.

Government assessments are updated once a year and use broad, neighbourhood-wide data. They are not built to track what is happening on your specific street this month. The HonestDoor Price pulls from actual recent sales, current listing activity, and real-time market signals. It is the number a buyer would actually use to make an offer - not the number the city uses to calculate your tax bill.

For condos, the picture flips slightly. The city's average assessed value is $217,647, but the HonestDoor Price is $201,372 - about 7.48% lower. That means some condo owners may actually be paying property tax on an inflated number. Worth knowing.

Bottom line - if you are making any financial decision about your Carlisle property and you are only looking at the assessed value, you are working with outdated information. Check your HonestDoor Price first.

The "So What?" - Thinking About Selling This Summer?

For house owners, the timing is genuinely good right now. Homes are selling in 8 days, buyers are paying over asking, and the predicted value of $832,341 is trending upward from the 3-month average. Carlisle ranks 90 out of 292 on the Edmonton neighbourhood growth leaderboard - solidly above average. Compared to nearby Kensington, where the predicted house value sits at $809,232, Carlisle is coming out ahead.

If you are a condo owner thinking about selling, the case is more nuanced. You will likely sell quickly - the days-on-market rank of 12 out of 111 is hard to argue with. But the predicted value is drifting slightly downward, and buyers have a bit more negotiating room than they do on the house side. If you can wait a few months to see if the trend stabilizes, that is worth considering. If you need to move, the fast sales pace means you are not going to be sitting on the market long.

Either way, the first step is knowing what your home is actually worth today - not what the city decided it was worth last January. That is exactly what the HonestDoor Price is built for.

• Carlisle house growth rank: 90 out of 292 Edmonton neighbourhoods
• Carlisle condo growth rank: 179 out of 302 Edmonton neighbourhoods
• Total transactions in 2026: 28 houses, 14 condos
• 875 house properties assessed, 204 condo properties assessed
• Neighbourhood year-over-year growth: 0.07% for houses, 0.12% for condos

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.