The prices in real estate in Leduc, in the Alberta region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Leduc has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $428. In the following month the price per sq.feet decreased considerably to $245. The price for the following two months in (June, July) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 60 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $255.25 to $154 during August, and September.
Based upon to the price in Leduc (cities), these have remained the same in the last 6 months. The average price for April is $365,560. During May the price had a slight fall till $344,934. In the following two months the average price has remained the same with regard to the previous two months from $355,247 to $361,979. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $358,613 and $346,337 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $339,076 they are 50 % more affordable than the average price for Leduc. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $350,103.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $198 / sq.feet, with an average $120 / sq.feet price in Leduc. The properties with the highest average prices have 1 bedroom. They are 389 % more expensive than the average followed by properties with 2 bedrooms with a price at $484 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $339,076 it is 19 % cheaper than the average price in Leduc. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Land". At a price of $381,711 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $222 / sq.feet followed by "House" priced at $250 / sq.feet. "Condo" is the most costly type of property with a $2,514 / sq.feet cost followed by "Land" with an average price of $2,499 / sq.feet.