First Quarter 2022 Real Estate Stats (Leduc) 

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). 

Today’s housing inventory is low and buyers are plenty, making it a hot seller’s market. If you’ve noticed sold signs pop up in your area and are wondering if now a good time to move, contact us today. We’d be happy to meet with you, get a better understanding of your goals and give you our honest feedback about what pricing and 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 780.919-0004, email or visit