Carter Crest, Edmonton - August 2026 Real Estate Report

Carter Crest, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Carter Crest and you have not checked your HonestDoor Price lately, now is the time. The city's assessment is running behind reality - and the gap is worth real money.

The Vibe: What Is Actually Happening in Carter Crest Right Now

Carter Crest is holding its ground. We are not in a frenzy, but we are not sliding either. With 471 properties assessed this year and 18 transactions already logged in 2026, this is a neighbourhood that moves with quiet confidence. Here is the split between houses and condos:

Houses: Steady, Competitive, and Ranking Near the Top

• Average HonestDoor Price: $721,437
• Predicted market value: $729,445 - up from the 3-month average of $714,541
• Average assessed value: $682,821 - that is $38,616 below what the market says your home is worth
• Average sale price: $670,000 | Listings averaging: $699,900
• Price per square foot: $340
• Homes selling at 95.73% of list price - buyers are negotiating, but not walking away
• Average days on market: 33 - faster than Falconer Heights (35 days), neck and neck with Leger (33 days)
• Estimated rent: $3,385 per month | Rental yield: 5.18%
• Growth rank: 29 out of 292 Edmonton neighbourhoods - that puts us in the top 10%
• Price rank: 42 out of 285 - among the most expensive in the city

The predicted value is climbing. The 3-month moving average was $714,541 and we are already above that. A 2.68% recent value change with a top-30 growth ranking tells us Carter Crest houses are not just holding - they are quietly pulling ahead of most of Edmonton.

Condos: A Smaller Market, But Gaining Momentum

• Average HonestDoor Price: $416,327 - up 1.25% from the previous period
• Predicted market value: $411,186 - up from the 3-month average of $401,824
• Average assessed value: $410,838 - the HonestDoor Price is running ahead here too
• Average sale price: $255,000 | Price per square foot: $184
• Estimated rent: $2,133 per month | Rental yield: 4.00%
• Recent value change: 3.18% | Growth rank: 61 out of 302 Edmonton neighbourhoods
• Price rank: 93 out of 218 - above average for Edmonton condos

Condo values are trending upward and the predicted value of $411,186 is already ahead of nearby Leger at $386,148. With only 6 transactions in 2026 so far, this is a thin market - which means when a well-priced unit hits, it gets attention fast.

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

Here is the honest truth about how Edmonton assesses your property. The city uses a snapshot from a fixed date. By the time that number lands in your mailbox, the market has already moved on. For Carter Crest houses, that gap right now is $38,616. The assessed value says $682,821. The HonestDoor Price says $721,437.

That difference is not a rounding error. It is the difference between pricing your home to sell fast and leaving money on the table. The HonestDoor Price pulls from real-time transaction data, current listing activity, and neighbourhood trends - not a government calendar. Think of it as the real-world check your assessment never was.

For condos, the gap is smaller but the direction is the same. The HonestDoor Price of $416,327 is running 1.34% above the city's number - and it just went up 1.25% from last period. The city has not caught up yet.

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

If you are weighing a summer sale in Carter Crest, here is what the numbers are actually telling you:

• Houses are selling in 33 days on average - that is a healthy pace, not a slow crawl
• Buyers are paying 95.73% of list price - price it right and you will not be sitting
• The predicted value of $729,445 is above both the current average sale price and the assessed value - there is room to price with confidence
• A growth rank of 29 out of 292 is a real selling point - Carter Crest is outperforming roughly 90% of Edmonton neighbourhoods
• Compared to nearby Falconer Heights ($669,103 HonestDoor Price) and Leger ($622,235), Carter Crest commands a premium - and buyers looking in this pocket know it

The market is not red-hot, but it is not taking a breather either. Inventory is lean, values are ticking up, and Carter Crest sits in the top tier of Edmonton for both price and growth. If your plan is to sell this summer, the window is open - and your HonestDoor Price is the number to start with, not the one on your assessment notice.

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.