Carlisle, Edmonton - October 2026 Real Estate Report
Carlisle, Edmonton: Your House Is Worth Way More Than the City Thinks
If you have not looked at your property value lately, now is the time. The city's assessment and what your home actually sells for in Carlisle are living in two completely different realities right now - and the gap is massive.
The Vibe: What Is Actually Happening in Carlisle
Let's break it down by property type, because houses and condos are telling very different stories on our streets right now.
Houses - A Sellers' Dream
If you own a house in Carlisle, you are sitting on something special. The average HonestDoor Price for houses here is $833,863. The city's average assessed value? $372,518. That is a gap of over 123%. The city's number is not just low - it is almost half of what the market says your home is worth.
- Average HonestDoor Price: $833,863 (up 0.41% from last period)
- Average assessed value: $372,518
- Average sale price: $243,000 (up 10.5% from last month)
- Price per square foot: $211
- Homes selling at 103.77% of list price - buyers are paying above asking
- Average days on market: 8 days
- Estimated monthly rent: $2,961
- Rental yield: 5.61%
- 36 property transactions in 2026 so far
Eight days on market. That is not a slow burn - that is a house getting snapped up before the open house sandwich trays are empty. Buyers are also paying over list price, which tells us demand here is real and competitive. Our house growth rate ranks 33 out of 285 Edmonton neighbourhoods. That puts us in the top tier of the city's neighbourhood leaderboard.
Condos - A Different Story
We will be straight with you here. The condo market in Carlisle is taking a breather. The HonestDoor Price for condos sits at $193,799, which is actually 10.96% below the city's average assessed value. That is the reverse of the house situation, and it matters if you own a condo and are making financial decisions based on that assessment number.
- Average HonestDoor Price: $193,799 (down 2.30% from last period)
- Average assessed value: $217,647
- Average sale price: $195,300
- Price per square foot: $197
- Homes selling at 93.04% of list price - buyers have some negotiating room
- Average days on market: 20 days
- Estimated monthly rent: $1,061
- Rental yield: 4.33%
- 16 condo transactions in 2026 so far
Condos are still moving fast compared to the rest of Edmonton - we rank 13 out of 113 neighbourhoods for days on market. But values have dipped 1.49% recently, and the predicted value of $198,362 is trending slightly below the 3-month average of $199,548. Not a crisis, but worth watching.
The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters
Here is the thing about the city's assessed value - it is a snapshot taken in the past, updated once a year, and built on a formula that does not know your renovated kitchen or your finished basement. It is a tax tool, not a market tool.
The HonestDoor Price is updated in real time using actual sales data, market trends, and what buyers are genuinely paying right now in Carlisle and the surrounding area. For house owners here, that difference is not a rounding error - it is over $461,000. If you are making any decision about selling, refinancing, or even just understanding your net worth, the assessed value will steer you wrong. The HonestDoor Price is your real-world check.
Compared to nearby neighbourhoods, Carlisle houses come in at a higher price point than Kensington ($769,832 predicted value) and well above Baranow and Caernarvon. We are not the cheapest option on the block, but the market is backing up that premium with fast sales and above-asking offers.
The "So What?" - Thinking About Selling This Summer?
For house owners, the case for selling this summer is strong. Buyers are paying over list price, homes are gone in about a week, and your HonestDoor Price has been climbing. The rental yield of 5.61% also means investors are circling - and an investor buyer often means a cleaner, faster deal.
For condo owners, the picture calls for a bit more patience and strategy. You are not in a bad spot - condos here still sell faster than most of Edmonton - but pricing it right from day one matters more right now. Buyers in the condo segment have options and they know it, with properties selling at about 93 cents on the dollar of list price.
Either way, the first move is the same - check your HonestDoor Price today. Do not walk into a listing conversation armed with a city assessment that is either wildly low or, in the condo case, potentially higher than what the market will actually pay. Know your real number first.
- Neighbourhood growth rate: 0.07% year over year
- House growth rank: 33 out of 285 Edmonton neighbourhoods - top tier
- Condo growth rank: 201 out of 297 - below average, worth monitoring
- 875 properties assessed in Carlisle this year
- Airbnb potential: $147 per night for houses, $53 per night for condos
Carlisle is not a neighbourhood that makes headlines - it just quietly keeps delivering for the people who own here. Check your HonestDoor Price, know what you actually have, and make your next move from a position of real information.
carlisle | edmonton | october 2026This 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.