 鲜花( 4348)  鸡蛋( 18)
|
Edmonton, May 5, 2008: The REALTORS® Association of Edmonton reported that the average price for single family homes dropped less than half a percent after three months of small increases. April sales of all types of residential property through the Multiple Listing Service® were lower than the two previous years at 1,823 units but higher than the more typical years of 2004 and 2005.
2 Q( M! V7 u- x8 h1 w% k- s5 \2 o
6 H& W, ?: z; R* z& ]. {8 V“The Edmonton housing market is stable and buyers and sellers seem to be coming to a realistic view of housing prices,” said Marc Perras, president of the REALTORS® Association of Edmonton. “In this market, with a very high inventory, pricing is a key component of a successful sale.” While the typical sale is completed at 97% of the asking price many sellers have had to reduce their price to find the level that would attract a buyer.
$ F/ ~! S4 Q; ]6 f: t1 P2 S. i- e3 d
Single family dwellings sold on average* for $386,033 in April just 0.4% down from the previous month. SFD prices are still 6.6% lower than April 2007. Condos sold on average for $256,947, a decrease of 2.3% from last month. On the other hand, duplexes and rowhouses sold during April were priced 2.3% higher at $316,065 on average. Overall, the average price for all types of residential property was down 2% at $336,931 when compared to March and down just 2.1% from a year ago.
' E+ |' C/ H c) d# n5 q4 f3 y3 T0 i5 _7 f8 t
There are 10,606 residential properties currently available on the MLS® (up 12% from last month’s record inventory). The average days on market was just 52 days; up one from March. There were 4,471 residential listings during the month and the sales to listing ratio is a low 41%. Total residential sales were $1.99 billion and total MLS® sales were $2.3 billion.* z9 P* c9 d0 k' I% ?( K
8 i8 L% }3 Q6 f
“It is hard to draw comparisons to last year,” said Perras. “Prices were still going up at this time last year and inventories were about one quarter what they are now. It’s a much different market in 2008.” He encouraged all buyers and sellers to consult with their REALTORS® for the best advice on current market trends and conditions.
/ z6 R9 w3 ]+ E9 @, g- s; e8 ?1 b
) O4 s) d2 f7 k- `: ?-30-
+ [; k( U' R' y6 `4 }% F: @4 d# W2 W+ X! v" U9 Y
8 b: o3 D- L9 uHighlights of MLS® activity
4 k+ H2 L, E6 T. H) k: J- R) J# G8 R* ^% t2 A
April 2008 activity Record for
; a% q, q9 t5 ~' e' sthe month* % change from; N5 F6 S: r: I9 H! O
April 2007 # v+ x# J7 g$ D8 G# }" S
Total MLSsales this month 2,047 -25.80%
/ f1 l9 ^4 j" o* O8 sValue of total MLSsales – month $699 million -28.80% * W7 P$ |0 J. {; R$ l8 b* U
Value of total MLSsales – year $2.27 billion -27.50%
/ g$ s. @ |5 U% UResidential¹ sales this month 1,823 -25.30%
) G. E+ a h; M4 W- c) QResidential average price $336,931 -2.10%
+ y: S' H% X. ^* Z0 hSFD² average selling price – month $386,033 -6.60%
' E+ j! l9 ?4 L2 KSFD median³ selling price $372,500 -6.60% 3 @. n; L" P7 @. n/ X/ W+ [8 v
Condo average selling price $256,947 -1.60% |
|