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- ]4 o1 G3 [3 I8 VEdmonton
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: x9 E- a& l* j1 Q% qSingle 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.( s; k: g* S! i9 ? b, n) D
( U! ~0 L5 @! BCondominiums 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.
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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. # v0 b. L2 k* [7 I3 v7 e) i+ `
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The 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.+ y8 y, @9 i* G( R. C+ E* P1 v
+ ~' I0 K+ o- @* `1 [The least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.
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Total sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.
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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.. T1 R/ A2 O: _0 P( j/ M/ e" k
1 f/ P; y9 r& X: f! w; NMore 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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