Carlton Edmonton Real Estate

The Carlton Edmonton real estate average sale price per square foot has jumped above $300 for the second time in the last 3 years this April.  Carlton had an interesting pattern where it spikes every three or four quarters.  When I look closer at the sales in those quarters, I see that there was a low proportion of sales of two story style homes in Carlton in those quarters where the price per square foot has jumped.  There has been a higher percentage of bungalows selling this year in Carlton and therefore the sold price per square foot has jumped higher.  There has been 23 sales of single family detached homes in the last 12 months in Carlton was $368,000.  That is well off the highest sale price in 2011 in Carlton of $615,000.  The average time to sell a house in Carlton in 2012 has been a brisk 25 days.  That is roughly half the Edmonton average days on market year to date in 2012 of 48. 

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