Carlisle, Edmonton - September 2026 Real Estate Report

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

If you have been glancing at your property tax notice and wondering if the numbers add up, they do not. Not even close. Here is what is actually happening in Carlisle right now, and why it matters for your wallet.

The Vibe: Houses vs. Condos in Carlisle

Houses - Fast Off the Market, But Watch the Numbers

If you have been watching the "For Sale" signs in Carlisle, here is what is actually happening with houses. We are seeing properties move fast - an average of just 8 days on market, which ranks 7th out of 112 Edmonton neighbourhoods. That is elite speed. When a house hits the listing, it does not sit around.

The tricky part is the sale price story. The average sale came in at $220,000 this month, down 45.4% from last month. Before that number scares you, keep this in mind - only 1 house sold this month, so one transaction can swing the average dramatically. The more reliable signal is that buyers paid 103.77% of the list price. That means people are still competing and going over asking. That is not a cold market.

• Average sale price (this month): $220,000
• Price per square foot: $237
• Sale-to-list ratio: 103.77% - buyers paid above asking
• Average days on market: 8 days
• Properties sold this month: 1
• Predicted market value (HonestDoor): $827,101
• 3-month moving average: $826,337 - values are climbing
• Estimated monthly rent: $2,967
• Rental yield: 5.60% - strong returns for investors
• Growth rank: 203 out of 291 Edmonton neighbourhoods
• Price rank: 255 out of 285 - among the most affordable in Edmonton

The growth rank of 203 out of 291 tells us houses here are not leading the Edmonton leaderboard right now. The market is taking a breather on the growth side. But the speed of sales and above-asking prices say demand is still real.

Condos - A Quiet Bright Spot

Condos in Carlisle are telling a different story, and honestly a more encouraging one for owners. Values are up 1.24% recently, and that growth ranks 60th out of 302 Edmonton neighbourhoods. That puts Carlisle condos in the top tier of the city leaderboard - a fact that does not get nearly enough attention.

Condos are also selling fast, averaging just 20 days on market, which ranks 15th out of 112 Edmonton neighbourhoods. We are beating nearby Kensington (21 days) on speed. The one catch is that buyers are paying 93.04% of list price, meaning there is a bit of negotiating room. If you are a seller, pricing sharp matters here.

• Average sale price (this month): $195,300
• Average list price: $209,900
• Price per square foot: $197
• Sale-to-list ratio: 93.04% - some room to negotiate
• Average days on market: 20 days
• Properties sold this month: 1
• Predicted market value (HonestDoor): $201,372
• 3-month moving average: $200,127 - values are climbing
• Estimated monthly rent: $1,102
• Rental yield: 4.32% - moderate but solid
• Growth rank: 60 out of 302 Edmonton neighbourhoods - top performer
• Price rank: 89 out of 216 - above average in Edmonton

The Secret Sauce: Your HonestDoor Price vs. That Government 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 $830,436. That is a gap of 122.93%. The city's number is not just a little off - it is less than half of what the real-world market says your home is worth.

Why does this gap exist? Government assessments are based on data that is already months or years old by the time it lands in your mailbox. The HonestDoor Price uses current transaction data, market trends, and real-time signals to give you a number that reflects what a buyer would actually pay today. It updated 0.40% upward from the previous period. The city's number has not caught up and likely will not for a while.

For condos, the picture flips slightly. The average assessed value is $217,647, while the HonestDoor Price sits at $198,362 - about 8.86% below the assessed value. That means condo owners here may actually be paying property taxes based on a number that is higher than what the market currently supports. That is worth knowing.

Bottom line - if you are making any financial decision about your Carlisle property, the HonestDoor Price is your real-world check. The assessment is a snapshot from the past. The HonestDoor Price is right now.

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

If you own a house in Carlisle and are thinking about listing this summer, here is the honest take. The fast days-on-market (8 days, ranked 7th in Edmonton) and above-asking sale prices tell you demand is there. Buyers are not walking away from Carlisle houses. The growth rank of 203 out of 291 means we are not the hottest neighbourhood on the leaderboard, but we are not the slowest either. Price it right and it moves.

For condo owners, the case for selling is actually quite strong right now. A growth rank of 60 out of 302 puts Carlisle condos ahead of most of the city. Values are trending up, sales are quick, and the rental yield of 4.32% means investors are paying attention. That is a motivated buyer pool.

One thing worth knowing before you list - your neighbours in Baranow, Kensington, and Caernarvon are all priced lower than Carlisle houses. That means buyers comparing neighbourhoods will see Carlisle as the premium option on the block. You need to make sure your listing earns that premium. Condition, staging, and smart pricing are not optional this summer - they are the whole game.

Check your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not the city's outdated one.

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.