If you have been watching the "For Sale" signs on your street and wondering what is really going on, here is the straight story on Duggan right now. The numbers are interesting - and a few of them should get your attention before summer hits.
We are seeing two very different stories play out on the same streets, so let us break them down separately.
The house market in Duggan is cooling off. Four homes sold this month, with an average sale price of $450,795. That is down 23.3% from last month - a big swing. But before anyone panics, it is worth noting that active listings are sitting at an average ask of $529,500, which tells us sellers still have confidence in what their homes are worth. The gap between those two numbers is where the story lives.
The 159-day average time on market is the number we keep coming back to. Compare that to nearby Rideau Park at 98 days, and it is clear Duggan houses are sitting longer. Days-on-market rank is 104 out of 112 neighbourhoods tracked - that puts us near the bottom of the speed chart in Edmonton right now. Homes are not flying off the shelf. Pricing them right from day one matters more than ever.
On the leaderboard side, Duggan houses rank 117 out of 291 neighbourhoods for growth - that is solidly above average. Price rank sits at 123 out of 285, also above average. We are not leading the pack, but we are not chasing it either.
The condo picture in Duggan is quieter but steadier. One condo sold this month at $135,900, and the market here is about as calm as it gets. Prices are essentially flat, the sold-to-list ratio is 96.90%, and properties are moving in about 62 days - which ranks 51 out of 112 neighbourhoods for speed. That is moderately fast. Condos here are not sitting around collecting dust.
Duggan condos rank among the most affordable in Edmonton - 191 out of 216 neighbourhoods by price. If you are a first-time buyer or an investor watching carrying costs, that is worth a second look. The growth rank of 156 out of 302 puts condos in below-average territory for appreciation, so this is more of a cash-flow play than a quick-flip story right now.
Here is something most Duggan homeowners do not think about until it is too late. The city's assessed value for houses here averages $475,262. That number was calculated months ago using old data, and it does not move with the market. The HonestDoor Price for Duggan houses is $485,381 right now - that is 2.13% higher than the city average assessment, and it updates in real time.
Think of your tax assessment as a snapshot from last winter. The HonestDoor Price is what is happening on the street today. With the 3-month moving average for predicted values climbing from $490,687 toward $496,785, the real-world number is actually trending up even as recent sale prices dip. That gap matters if you are making any decision about selling, refinancing, or even just figuring out where you stand.
For condo owners, the HonestDoor Price of $171,133 is up 0.98% from last period - a small but positive move in a flat market. It is a real-world check that your city assessment simply cannot give you.
If you are a Duggan homeowner eyeing a summer sale, here is the honest take.
For house sellers - the predicted value of $496,785 is encouraging, and the 3-month trend is moving in the right direction. But 159 days on market is a real number. Buyers in Duggan are not rushing. They are negotiating. Coming in at the right price from the start is not just good advice right now - it is the difference between selling in the summer and still waiting in the fall. Nearby Steinhauer houses are selling at an average of $430,000, so Duggan is holding a price premium. That is worth protecting with smart positioning.
For condo sellers - the market is stable but slow on appreciation. A rental yield of 4.34% means investors are watching, and that is your most likely buyer pool. Price it to attract that crowd and you have a reasonable shot at a clean, relatively quick sale.
For everyone - pull your HonestDoor Price before you do anything else. It is the most current read on what your property is actually worth in today's market, not what a government formula said it was worth last year. In a market where buyers are paying 96-97% of list price and days on market are stretching out, knowing your real number is not optional. It is your starting point.
This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.