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. Q/ E& V0 O* F' |* ?Edmonton) r, h" R. b" \" d' y/ h" T- J% W
9 V. P, t# g/ D- _+ p% ZSingle 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.
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Condominiums 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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; e- B; ^: p: C# f: {4 lThere were 3,232 residences listed, 2,441 sold, and inventory increased to 3,151 units. The average time on the market was 22 days. 7 N Q% r- L" ^& H1 m/ S
1 K& O6 [: }5 cThe 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 $294,890.7 E0 h9 Q3 s& d3 L3 F/ E, o# h
& ] K" O6 r, AThe least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.8 L; L5 F; n) L; h
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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, 2006.9 _1 s. U" z7 ]' E9 G
$ T0 |8 d1 I3 \. @3 m pMore 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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