Carter Crest, Edmonton - October 2026 Real Estate Report
Carter Crest, Edmonton: Your Home Is Worth More Than the City Thinks
If you live in Carter Crest and you have not checked your HonestDoor Price lately, you are probably leaving money on the table. The city's assessment says one thing. The real world says another. Here is what is actually going on in your neighbourhood right now.
The Vibe: What the Numbers Are Really Saying
Carter Crest is a high-value pocket of Edmonton. We are not talking about a neighbourhood that is just getting started - this is an established area where houses rank in the top 57 out of 285 Edmonton neighbourhoods by price. That puts us firmly in the upper tier. The trade-off? Growth has taken a breather. House values are down 3.45% recently, and the growth rank sits at 235 out of 285. That is a stat worth watching.
The good news for anyone thinking about renting out their place: a 5.25% rental yield on houses is genuinely strong. With estimated rent at $3,268 per month, Carter Crest holds its own as an income property play.
Houses: The Full Picture
- Average HonestDoor Price: $697,453 - up 0.24% from last period
- Average assessed value: $682,074 - that is a $15,379 gap the city is missing
- Average sale price: $670,000
- Average listing price: $699,900
- Price per square foot: $340
- Homes are selling at 95.73% of list price - buyers have some room to negotiate
- Average days on market: 33 - faster than nearby Falconer Heights at 42 days
- Predicted market value: $695,775
- 3-month moving average: $715,002 - values are dipping from that peak
- Rental yield: 5.25% - strong returns for landlords
- Estimated monthly rent: $3,268
- 20 property transactions recorded in 2026
- Growth rank: 235 out of 285 on the Edmonton neighbourhood leaderboard
- Days-on-market rank: 32 out of 116 - we sell faster than most
Compare us to the neighbours: Falconer Heights houses are sitting at a HonestDoor Price of $651,049 and taking 42 days to sell. Ogilvie Ridge is pricier at $874,605 and growing faster at 0.09% year over year. Carter Crest sits right in the middle - premium pricing without the premium growth rate right now.
Condos: A Smaller Market, But Worth Knowing
- Average HonestDoor Price: $414,532 - up 1.14% from last period
- Average assessed value: $411,396
- Average sale price: $255,000
- Price per square foot: $184
- Predicted market value: $409,877
- 3-month moving average: $412,837 - a slight dip in momentum
- Estimated monthly rent: $2,123
- Rental yield: 4.00% - moderate but steady
- 6 property transactions in 2026
- Condo price rank: 88 out of 218 - above average in Edmonton
- Growth rank: 210 out of 297 on the Edmonton neighbourhood leaderboard
The condo market here is thin - only 6 sales in 2026 across 144 assessed properties. That low volume means each sale moves the needle a lot. Nearby Leger condos are sitting at $376,977, so Carter Crest condos are holding a real price premium. That is worth knowing if you are thinking about listing.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about city assessments - they are snapshots from the past. The City of Edmonton calculates your assessed value based on data that is already months old by the time it lands in your mailbox. For Carter Crest houses, that gap is real: the average assessment is $682,074, but the average HonestDoor Price is $697,453. That is a $15,379 difference - and it updates in real time, not once a year.
For condos, the HonestDoor Price of $414,532 sits 0.76% above the city's average assessed value. Small gap, but it is still the more current number. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the real-world check you want in your corner.
The So What: Should You Sell in Carter Crest This Summer?
Straight talk: the window is open, but it is not wide open. Here is why.
Houses are selling in 33 days on average - that is genuinely fast for Edmonton and faster than Falconer Heights next door. Buyers are active. But they are also paying 95.73% of list price, which means they are negotiating. You are not going to get a bidding war premium right now. Price it sharp and you will move it. Price it greedy and it will sit.
The predicted value of $695,775 is running below the 3-month moving average of $715,002. That tells us the recent trend is softening. If you have been on the fence, sooner beats later in this cycle.
For condo owners, the market is quieter - only 1 sale recorded recently. Less competition can work in your favour, but you need a buyer to show up first. The rental yield of 4.00% means holding and renting is a reasonable alternative if the timing does not feel right.
Bottom line: Carter Crest is still one of Edmonton's pricier neighbourhoods - top 57 out of 285 for houses. That is a strong position to sell from. Just go in with realistic expectations, lean on your HonestDoor Price as your anchor, and do not wait for the market to do you any favours.
carter crest | 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.