Market Reports

𝐋𝐞𝐝𝐮𝐜 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 - 𝐌𝐚𝐫𝐜𝐡 𝟐𝟎𝟐𝟒

Spring market has come in like a lion!

Sales of Leduc Homes are up an astounding

33% since last month, and

51% over last year's sales!

Single Family home average prices saw a modest

0.5% decrees since last month, but a

5% increase over the same time last year. Condos average sale price also saw a modest decreased by

1%, but are remaining fairly stable.

LOW INVENTORY remains the name of the game, with only 90 homes available at the time of this post, (29 additional homes are currently pending). Inventory is down

52% compared to last year!

𝐈𝐟 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐢𝐧𝐠 𝐥𝐢𝐬𝐭𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞, 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐭𝐡𝐞 𝐉𝐚𝐬𝐨𝐧 𝐑𝐮𝐬𝐭𝐚𝐧𝐝 𝐭𝐞𝐚𝐦 𝐚𝐭 𝟕𝟖𝟎-𝟗𝟏𝟗-𝟎𝟎𝟎𝟒 𝐭𝐨 𝐝𝐢𝐬𝐜𝐮𝐬𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐭𝐚𝐤𝐞 𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐡𝐨𝐭 𝐬𝐞𝐥𝐥𝐞𝐫'𝐬 𝐦𝐚𝐫𝐤𝐞𝐭!

𝐋𝐞𝐝𝐮𝐜 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 - 𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟒

HOT SELLER'S MARKET!

Low inventory in the Greater Edmonton Area is creating favorable conditions for sellers, with average sale prices on the rise and days-on-market lowering.

Sale of single family homes and condos in Leduc were up

15% over January. Single Family home average prices saw a

3% increase over last month, and a

9% increase over the same time last year! Condos average sale price increased by

15%, recovering from a significant dip last month.

Leduc is suffering from LOW INVENTORY, with only 93 homes available at the time of this post, (35 additional homes are currently pending), up slightly from last month, but down

41% compared to last year!

𝐈𝐟 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐢𝐧𝐠 𝐥𝐢𝐬𝐭𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞, 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐭𝐡𝐞 𝐉𝐚𝐬𝐨𝐧 𝐑𝐮𝐬𝐭𝐚𝐧𝐝 𝐭𝐞𝐚𝐦 𝐚𝐭 𝟕𝟖𝟎-𝟗𝟏𝟗-𝟎𝟎𝟎𝟒 𝐭𝐨 𝐝𝐢𝐬𝐜𝐮𝐬𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐭𝐚𝐤𝐞 𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐡𝐨𝐭 𝐬𝐞𝐥𝐥𝐞𝐫'𝐬 𝐦𝐚𝐫𝐤𝐞𝐭!

𝐋𝐞𝐝𝐮𝐜 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 - 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟒

Welcome to a new year and an optimistic month in Leduc Real Estate.

Sale of single family homes and condos in Leduc were up

12% over December and a whopping

39% since the same time last year! Single Family home average prices saw an

8% increase over last month, while condos sale price averages took a dip of

22%, putting it closer in line with last year's winter averages.

We are continuing 2023's trend of VERY LOW Inventory in Leduc, with only 89 homes available at the time of this post

, (26 additional homes are currently pending), down another

12% since December, and down

30% compared to last year .

If you are considering listing your home, now is a great time! Contact the Jason Rustand Team at 780-919-0004 if you would like an evaluation of what your home is worth.