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Edmonton home sales up in February$ I3 k( G# `4 l4 _' t: f) K: I2 G
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By Bill Mah, edmontonjournal.comMarch 3, 2009 11:02 AMBe the first to post a comment$ d; y/ n) O" f+ j5 p
StoryPhotos ( 1 )
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A sold sign at ahouse in Edmonton.Photograph by: John Lucas, Edmonton JournalEDMONTON — Edmonton-region home sales picked up in February, show monthly statistics released Tuesday.
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; c' Z0 y/ i1 k( ?8 `& O- [' y* u. lThere were 1,075 sales of residential properties through the Multiple Listing Service — breaking the 1,000-unit threshold for the first time since October.
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"It is a typical pattern that sales activity picks up as we move into spring," said Charlie Ponde, president of the Realtors Association of Edmonton. "Listing activity also rises as homeowners enter the market in anticipation of spring activity."
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The association reported 2,667 listings added to MLS in February. As of Feb. 28, there were 7,097 homes in the inventory.
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The sales-to-listing ratio was 40 per cent.8 |1 a* Y4 E+ l9 _; o- A, S
" ]; y2 |/ A. K; K; \The average selling price of a single-family home in February was $347,309 — down 1.5 per cent or $5,380 as compared to January. That was down 9.1 per cent year-over-year.
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From January to February, condo prices were down 4.9 per cent, or $11,678 to $226,857 and duplex/rowhouses sold on average for $309,180, up 3.3 per cent.
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: _+ ^, I' Z. ~5 j! e6 B, qCompared to the same month last year, the average residential price fell 8.7 per cent to $308,970. n2 p, S; s4 _
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bmah@thejournal.canwest.com. E& Y( P0 d- k, c
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! P3 u! W7 @ O( QBy Bill Mah, edmontonjournal.comMarch 3, 2009 11:02 AMBe the first to post a comment
0 J- G+ E/ ~$ O( E' _2 c StoryPhotos ( 1 ) 0 k" p9 }" M/ o2 M
4 i0 G# F" X! n5 V
A sold sign at ahouse in Edmonton.Photograph by: John Lucas, Edmonton JournalEDMONTON — Edmonton-region home sales picked up in February, show monthly statistics released Tuesday.
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: g' D9 w0 g8 m# x' RThere were 1,075 sales of residential properties through the Multiple Listing Service — breaking the 1,000-unit threshold for the first time since October.
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3 p+ u9 Y- X. r. o c& H"It is a typical pattern that sales activity picks up as we move into spring," said Charlie Ponde, president of the Realtors Association of Edmonton. "Listing activity also rises as homeowners enter the market in anticipation of spring activity."# Z( h; z: [4 F) x* C- O5 f( v7 Q( O$ ?
+ u5 l( q$ l: A, F: P& oThe association reported 2,667 listings added to MLS in February. As of Feb. 28, there were 7,097 homes in the inventory.2 D2 T: }( I, K6 F% d. }
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The sales-to-listing ratio was 40 per cent.
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The average selling price of a single-family home in February was $347,309 — down 1.5 per cent or $5,380 as compared to January. That was down 9.1 per cent year-over-year.
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From January to February, condo prices were down 4.9 per cent, or $11,678 to $226,857 and duplex/rowhouses sold on average for $309,180, up 3.3 per cent./ r4 i9 a5 p( ~9 X& J' S
6 @2 s" v( Z, t! a7 ~Compared to the same month last year, the average residential price fell 8.7 per cent to $308,970.
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; ~% R% V% T2 M5 t5 gbmah@thejournal.canwest.com |
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