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{: o0 D& T2 D! T9 t9 KEdmonton
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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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1 ^, m3 R* C, B1 o9 i: uCondominiums 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 $341,083.
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1 J3 D8 Y4 a6 a6 ]9 L+ F* L r" aThere were 3,232 residences listed, 2,441 sold, and inventory increased to 3,151 units. The average time on the market was 22 days. / l" U" ~8 o4 m$ r m
2 A M/ @0 K; O! g0 nThe 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 o3 c9 o2 K2 }) ^
( F4 o: {3 k8 u6 d5 sThe 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.7 l8 K+ `+ |9 S/ Y
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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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3 u a" j" j* c3 l5 {( S6 @( 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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