2nd Quarter 2020 Real Estate Sales (Leduc)

2nd Quarter 2020 Real Estate Sales (Leduc)

A variety of market increases and decreases have occurred in real estate sales in Leduc when comparing 2020 second quarter stats to the same period in 2019. Overall, second quarter sales have remained steady despite economic strain due to Covid-19.

Starting with single family detached houses, Leduc had 102 sales in 2020 compared to 123 sales in 2019, representing 17.1% less detached homes sold. Detached houses sold on average in 58 days, compared to 53 days in 2019. The average price decreased from $370,032 (2019) to $361,317 (2020), resulting in a 2.36% decrease.

Fourteen half duplexes sold this past quarter compared to 33 sales during the same period in 2019. Half duplexes sold much quicker with an average of 68 days on market compared to 119 days last year. We saw an average sale price last quarter of $287,535 compared to $307,824 in 2019.

Twelve condos sold in Leduc last quarter, averaging 76 days on market to sell. Comparatively, condos took an average of 83 days to sell in the spring of 2019. The average price of condo sales in the first quarter rose slightly to $231,991 compared to $229,212 during the same period in 2019.

Want an accurate measure of what your home is worth? Thinking about buying or selling and aren’t sure if now is the right time? Contact us at the Jason Rustand Team. We’d be happy to meet with you, get a better understanding of your goals and give you our honest feedback on what options are right for you.

Jason Rustand with RE/MAX Real Estate serves with the highest level of integrity and excellence every time. For more info on this topic or others related to real estate contact LIKE our Jason Rustand Team Facebook page, call Jason direct at 780.980.2828, email jrteam@shaw.ca or visit WeSellLeduc.com