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0 w; G; O+ U+ l% B( B- ~! ~; GEdmonton
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Single 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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5 b; a8 R5 e! J e/ @" @ eCondominiums 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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5 q1 ?3 {0 k8 s) y! C, i, mThere were 3,232 residences listed, 2,441 sold, and inventory increased to 3,151 units. The average time on the market was 22 days. 1 ]. E" k0 ^6 t+ o6 j. ~: }
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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.
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' J A7 q* `! dThe least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.% n) H% @0 J; n3 X7 W, r1 m3 W3 s
& D7 s9 b1 I- _9 |9 q# W' STotal sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.8 O v/ P8 X1 ^( \$ `( I5 f
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Sales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.
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$ r' M i! q2 H4 Q5 L% dMore 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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