Carlton, Edmonton - October 2026 Real Estate Report
Carlton, Edmonton: Your Neighbour Just Got a Price Update. Did You?
If you live in Carlton and you haven't checked your home's value lately, here's the honest truth - your city assessment is already out of date. The real numbers are moving, and some of them are moving fast. Here's what's actually happening on our streets right now.
The Vibe: Houses in Carlton
If you've been watching the "For Sale" signs in Carlton, here's what's actually happening with houses. The average sale price hit $525,912 this month - that's up 9.9% from last month. That kind of jump gets your attention. But before you pop the champagne, the predicted market value sits at $521,682, which is actually sliding below the 3-month moving average of $530,578. So we're seeing a bit of a tug-of-war between recent sale prices and where the trend line is heading.
- Average sale price: $525,912 (up 9.9% from last month)
- Average listing price: $485,515
- Price per square foot: $385
- Homes selling at 98.1% of list price - buyers are getting a small edge
- 20 homes sold this month
- Average days on market: 76 days
- Estimated monthly rent: $2,597
- Rental yield: 5.59% - that's a strong return
- Recent value change: -2.32%
- Growth rank: 169 out of 285 Edmonton neighbourhoods
That 76-day average on market is worth noting. Homes here are not flying off the shelf overnight. If you're selling, pricing sharp from day one matters more than ever. The days-on-market rank of 68 out of 116 tells us we're in the slower half of Edmonton neighbourhoods for speed of sale. Not a crisis - just a reality check.
The Vibe: Condos in Carlton
The condo story in Carlton is a different animal. We only had 3 condo sales this month, so take the 38.3% month-over-month price jump to $201,500 with a grain of salt - small sample sizes swing hard. What's more telling is that the predicted market value of $238,904 is actually creeping up past the 3-month moving average of $235,591. That's a quiet positive signal.
- Average sale price: $201,500 (up 38.3% from last month - small sample)
- Average listing price: $195,000
- Price per square foot: $181
- Condos selling at 95.9% of list price
- 3 condos sold this month
- Average days on market: 43 days
- Estimated monthly rent: $1,291
- Rental yield: 4.27% - moderate but respectable
- Recent value change: +1.48%
- Growth rank: 68 out of 297 Edmonton neighbourhoods - above average
On the neighbourhood leaderboard, Carlton condos rank 68 out of 297 for growth. That puts us in the top quarter of Edmonton. Condos here are also selling in 43 days - matching nearby Albany exactly - which signals a stable, predictable pace. For condo owners, that's actually a decent position to be in.
The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from months ago, built on formulas, not on what buyers are actually doing right now. The HonestDoor Price is updated in real time using live market data. That gap matters more than most people realize.
For houses in Carlton, the average HonestDoor Price is $520,933. The average assessed value is $516,311. That's a $4,622 difference - and the HonestDoor Price runs 0.90% higher than the Edmonton average assessed value. If you're using your tax notice to decide whether to sell, refinance, or even just understand your net worth, you're working with stale data.
For condos, the gap is even more dramatic - and it cuts the other way. The average assessed value is $273,073, but the average HonestDoor Price is $225,556. That's a 17.4% difference. If a condo owner in Carlton thinks their place is worth what the city says, they could be in for a rude surprise at the negotiating table. The HonestDoor Price has also dropped 5.59% from the previous period - that's a signal worth paying attention to before you make any moves.
The So What: Thinking About Selling This Summer?
For house sellers, the window is interesting but not unlimited. Sale prices are up month-over-month, but the 3-month trend is softening and days on market are sitting at 76. That means the market is not desperate for your listing - it's selective. Price it right, and you'll find a buyer. Price it on hope, and you'll be relisting in the fall.
Carlton ranks 24th in Edmonton for total transaction volume - 86 sales across all property types in 2026 so far. That's real activity. Buyers are here. But with homes selling at 98.1% of list price, the days of getting 5% over ask are not the norm right now.
For condo sellers, the above-average growth rank of 68 out of 297 is your best talking point. Condos here are outperforming most of the city on momentum. The 43-day average sale time is reasonable. Just don't anchor your expectations to that $273,073 assessed value - the real-world number is closer to $225,556, and buyers will know it.
Bottom line: check your HonestDoor Price before you do anything else. It takes two minutes and it's the closest thing to what a buyer would actually pay you today - not what a government formula said last year.
carlton | 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.