Carter Crest, Edmonton - July 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 the last number you checked was your city assessment, you are leaving real money on the table. Here is what is actually happening on your street right now.

The Vibe: Houses vs. Condos in Carter Crest

Let's break it down for us locals, because houses and condos are telling two different stories this year.

Houses - Taking a Breather, But Still Holding Value

If you have been watching the "For Sale" signs in Carter Crest, here is what is actually happening. The average sale price for houses sits at $670,000 this month, and yes, that is down from last month. Buyers are negotiating - properties are selling at about 95.73% of list price, which means a home listed at $700,000 is closing closer to $670,000. That gap matters if you are pricing your home.

The good news? Homes are moving in 33 days on average. That is faster than Falconer Heights at 35 days, and right in line with Leger. We are not sitting on a pile of stale listings here.

• Average sale price: $670,000
• Average list price: $699,900
• Price per square foot: $340
• Average days on market: 33
• Sale-to-list ratio: 95.73%
• Predicted market value: $710,436
• Rental yield: 5.22%
• Estimated monthly rent: $3,320

On the neighbourhood leaderboard, Carter Crest houses rank 98 out of 302 Edmonton neighbourhoods for growth - that puts us solidly in the above-average tier. For price, we rank 35 out of 285, meaning we are among the most expensive neighbourhoods in the city. That is not a bad place to be.

Condos - Quiet Market, Solid Fundamentals

The condo side of Carter Crest is quieter - 6 transactions in 2026 so far, with an average sale price of $255,000 and $184 per square foot. Volume is low, so do not read too much into any single sale. What matters more is the predicted market value of $398,507, which is trending up from the 3-month average of $394,259. The market is not running, but it is not sliding either.

Rental investors should note a yield of 4.03% with estimated monthly rent at $2,076. That is moderate but steady. Compared to nearby Leger condos with a predicted value of $385,041, Carter Crest condos are holding a premium.

• Average sale price: $255,000
• Price per square foot: $184
• Predicted market value: $398,507
• Estimated monthly rent: $2,076
• Rental yield: 4.03%
• Growth rank: 78 out of 296 Edmonton neighbourhoods
• Price rank: 87 out of 220 - above average in Edmonton

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment - it is a snapshot from the past. The city assessed the average Carter Crest house at $682,821. The HonestDoor Price for that same house is $729,445. That is a $46,624 gap, and it has already moved up 2.68% from the last period.

The HonestDoor Price is a real-world check. It pulls from actual recent sales, current market signals, and live data - not a once-a-year government estimate that is already stale by the time it hits your mailbox. If you are using your assessment to decide whether to sell, refinance, or even just understand your net worth, you are working with an outdated number.

For condos, the city assessment sits at $410,838. The HonestDoor Price is $411,186 - nearly identical, and up 3.18% from the previous period. That tells us the condo market here is being assessed fairly accurately right now, but the upward trend is worth watching.

• House HonestDoor Price: $729,445 - up 2.68%, and 6.83% above the average assessed value
• Condo HonestDoor Price: $411,186 - up 3.18%, essentially matching the assessed value
• 471 house properties assessed this year
• 145 condo properties assessed this year

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

Straight talk: the house market in Carter Crest is not on fire right now, but it is not broken either. Buyers are active - 33 days to sell is genuinely solid. The catch is that they are negotiating, and homes are closing below list. If you price sharp from day one, you move. If you price high hoping someone bites, you sit.

The predicted value of $710,436 for houses is your realistic target zone. List above that without strong justification and you will feel it in your days-on-market number. List near it with a clean presentation and you have a real shot at a summer sale.

Compare that to your neighbours. Falconer Heights houses are selling with a HonestDoor Price of $675,681. Leger is at $628,713. Carter Crest at $729,445 is the premium option in this pocket of southwest Edmonton - and buyers know it. That premium only holds if the home shows well and is priced honestly.

For condo owners, summer 2025 is more of a "watch and wait" situation. Low transaction volume means your sale could move the market - in either direction. If you need to sell, price it at or just below the predicted $398,507 to stand out. If you can wait, the upward trend in predicted values gives you reason to hold.

Bottom line: check your HonestDoor Price before you do anything else. It is free, it is current, and it is the number your buyer's agent is already looking at.

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.