Carter Crest, Edmonton - September 2026 Real Estate Report

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

If you've been glancing at your latest city assessment and wondering if that number is actually what your place is worth - it's probably not the full story. Here's what's really going on in Carter Crest right now.

The Vibe: Houses vs. Condos

Houses

We're sitting in a stable spot. The average HonestDoor Price for a house in Carter Crest is $696,564 - that's $13,743 above what the city assessed us at. The city's number is a snapshot from the past. The HonestDoor Price is updated in real time, and right now it's telling a different story than your assessment notice.

• Average HonestDoor Price: $696,564
• Average City Assessment: $682,821
• Average Sale Price (2026): $670,000
• Average Listing Price: $699,900
• Price Per Square Foot: $340
• Average Days on Market: 33 days
• Sale-to-List Ratio: 95.73% - buyers are negotiating below ask
• Predicted Market Value: $721,437
• Estimated Monthly Rent: $3,358
• Rental Yield: 5.20%

Houses here are selling faster than in nearby Falconer Heights, where homes sit for 35 days on average. That's a small but real edge - demand in Carter Crest is holding up. The buyers' market tag means there's room to negotiate, but homes aren't sitting forever either.

On the neighbourhood leaderboard, Carter Crest houses rank 231 out of 291 for growth - that puts us in the below-average tier for price appreciation right now. The market is taking a breather. But our days-on-market rank is 32 out of 112, which means we're actually moving properties faster than most comparable Edmonton neighbourhoods. Price rank sits at 60 out of 285 - solidly above average. We're a premium address that sells at a decent pace.

Condos

The condo picture is a bit different, and honestly more encouraging on the growth side. The average HonestDoor Price for a Carter Crest condo is $409,268 - very close to the city's assessed value of $410,838. But the predicted market value is $416,327, which is trending up from the 3-month moving average of $408,673. That upward tick matters.

• Average HonestDoor Price: $409,268
• Average City Assessment: $410,838
• Average Sale Price (2026): $255,000
• Price Per Square Foot: $184
• Predicted Market Value: $416,327
• Estimated Monthly Rent: $2,156
• Rental Yield: 3.99%
• Year-Over-Year Neighbourhood Growth: 0.10%

On the neighbourhood leaderboard, Carter Crest condos rank 59 out of 302 for growth - that puts us in the top performers category in Edmonton. Compare that to nearby Leger, where the predicted condo value sits at $386,923. We're ahead of the pack in this segment. Six condo transactions in 2026 is a thin market, so each sale carries weight when it comes to pricing.

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

Your city assessment is set once a year based on past sales data. By the time it lands in your mailbox, it's already looking in the rearview mirror. The HonestDoor Price pulls from current market activity and updates continuously - so it reflects what a buyer would actually pay today, not what someone paid eight months ago.

For Carter Crest houses, that gap is $13,743 in your favour. That's real money sitting between the city's number and what the market actually thinks your home is worth. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - use the HonestDoor Price as your real-world check, not the assessment.

For condo owners, the numbers are close right now, but the predicted value of $416,327 is climbing above both the assessment and the current HonestDoor Price. That upward momentum is worth watching closely.

The So What: Thinking About Selling This Summer?

Here's the straight talk for anyone considering listing in Carter Crest this summer.

On the house side, buyers are paying about 95.73% of list price. That means if you list at $699,900, expect offers closer to $670,000. Price it right from day one - overpricing in this market costs you time, and 33 days on market can stretch quickly if you start too high. The predicted value of $721,437 gives you a ceiling to aim for with the right presentation and timing.

Rental demand is strong. A 5.20% yield on houses is a number that attracts investor buyers, which expands your pool of potential purchasers. If your home shows well as a rental property, lean into that in your marketing.

For condo sellers, the growth rank of 59 out of 302 is a genuine selling point. You're in a neighbourhood that's outperforming most of Edmonton on condo appreciation. The market is thin - only 6 transactions in 2026 - so your listing will get attention. Price anchored to the predicted value of $416,327 rather than the lower sale average of $255,000, which likely reflects a specific unit type rather than the full condo spectrum.

Bottom line - Carter Crest is a premium Edmonton address with above-average prices, faster-than-average sales, and a condo segment quietly climbing the growth charts. Summer is a reasonable time to move. Just go in with current numbers, not last year's assessment.

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.