First Quarter 2022 Real Estate Stats (Leduc) 

Overall 2022 has been an unprecedented year in the real estate due to the dynamic needs of homeowners changing, limited houses for sale, and prices increasing. Our sincerest gratitude goes out to all home buyers, sellers and fellow Realtors who’ve worked diligently together this year in our community!

From January 1 – March 31, 2022, Leduc had 167 detached houses sell compared to 159 during the same period in 2021, representing a 5.03% increase in sales. The average selling time was 33 days on market (2022) compared to 45 in the first quarter of 2021. The average price increased from $391,853 (2021) to $441,184 (2022), resulting in a 12.59% increase.

Half duplexes and attached residential dwellings had a combined 56 sales (2022) compared to 30 sales in 2021. They sold three days faster, averaging 54 days on market (2022) verses 57 days in 2021. The average sale price increased 12.24% from $313,633 (2021) to $352,041 (2022).

Thirteen condos (including apartment, townhouse style etc.) sold last quarter with an average selling time of 34 days on market, compared to seventeen condos sold during the same period in 2021, averaging 86 days on market. The average sale price increased 19.3% for condos, averaging $234,688 (2022) compared to $196,720 (2021).