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/ X$ \5 l) I0 cEdmonton
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& t; t. m3 ^1 F4 ?# w% TSingle family homes sold through Multiple Listing Service averaged $413,488 in April — 3.77 per cent higher than March, when prices had increased 6.7 per cent over February. The average price a year ago was $265,557.$ I* _# e$ J. d9 R
& ^( O0 u9 Z1 `/ I/ [1 X% Y* ACondominiums jumped 5.8 per cent after a slight drop in March to average $261,044, while duplex and row house prices were up 5.49 per cent to $341,083. / Q' N! ~3 y! I- `8 _, W; |, ?) R& |
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There were 3,232 residences listed, 2,441 sold, and inventory increased to 3,151 units. The average time on the market was 22 days. & g$ H1 I Z2 ^8 C% N
! y2 n8 H/ I: q* P5 Z3 gThe southwest continued to boast the highest single family home prices at $534,760, up from $368,846 in April last year. St. Albert was at $491,616, up from $308,625, while West End prices were $479,477, up from $294,890.
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! _% Y$ z2 X1 d/ W$ Q) C( N+ dThe least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.! n7 q2 Y; m$ {* S
1 ^. R. _. R1 d1 l& b. D* }Total sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion. }4 h! l$ W r, K
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Sales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.* \3 m. L/ b8 y$ c B' S9 r
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More than 30 per cent of last year’s home sales were in the second “moving" quarter and Pratt expects that to continue despite the price increases. |
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