Leduc
In one of the provinces of Canada named Alberta, there is a city with the name of Leduc. This is a safe place to live according to the families living there. In 2016, in a poll conducted by local people, the percentage of people that referred to it as a safe place was 54% and that of those who said it was a safer place to live as compared to Edmonton was 40% which is 32km away from Leduc. Leduc started growing as a stopping point between Calgary and Edmonton. Then on February 13, 1947, at Leduc, the oil was discovered.
Condominium Price Index 2021
A condo is a form of an apartment that is mostly smaller as compared to a house. The exterior of the condo along with garages, clubhouse, gym, and swimming pools are maintained by the condo board which also owns it. The stuff of condos varies depending on their locations and sizes. A condo containing two beds and two baths at 147-401 South fork Drive, will cost $ 209,000 while that with three beds and three baths at 32 Rolston Close is for $334,900. On the other hand, a condo of four beds and 3 baths at 73 Meadowview Drive of Leduc will have a cost of $379,900.
Number of active listings in Leduc
A property or a house that is listed with the status of Active means that it is for sale. This property is without any contingencies or contract. According to Leduc Housing Inventory, there are 56 new listings and almost 26 homes are sold out during the last 28 days. Active listings are mainly available on the basis of the number of beds.
The active listing of 1 bed, 2 bed, and 3bed condos are 1, 4, and 1 respectively. Availability of 2-bed condos in the city is more than in others. If we have a look at the overall listing the city has, 2 sold listings and 6 active listings in Leduc. It is 13 fastest growing and 12th fastest selling city in Edmonton.
Condominium prices increasing or decreasing
Leduc has an average price of $313K and a medium price of $315K. Leduc has a price growth of -13% and the turnover of the city is 33.9%. This is the fifth-highest turnover out of 14 in Edmonton. One bed, two bed, and three-bed condos have different rates. From December 31 to January 28, two-bed condos have a price of $166K, this price was $252K three months ago and $190K, six months ago. This price has been declined badly.
The three beds condo has a price of $231K and this price was $215K about six months ago. There is a bad decline in three-bed condos prices. Overall rates during the December 31 to January 28 is $166K and this price was $252K three months ago and $225K, six months ago. On the basis of the above data, it can be said that there is a sheer decline in condominium prices.
