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6 f) Y" x: @/ G% m7 zEdmonton
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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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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 $341,083.
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There were 3,232 residences listed, 2,441 sold, and inventory increased to 3,151 units. The average time on the market was 22 days. " y. U4 I+ E$ x8 o/ z9 b
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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 $294,890.. P6 l; Y6 {% T( L
. H. f8 I+ D8 w% H$ s5 w c7 _& hThe least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182. Q# ?+ o" ~9 o, ^# X g5 s" B
, B- d+ f! Q7 \ \Total sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.
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/ ], s8 S1 u/ q( X& J! n0 @Sales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.# m+ m" Z: U1 b, n+ {2 L6 C
; R9 S0 S+ H# N% ^More 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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