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2 A2 i2 i; \( Z& c4 T8 ]Edmonton
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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 $265,557.2 w& ^: v# ` z4 X% U' E" B1 ?; \
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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. 9 u) A; t& o4 g3 K4 U3 b
2 F5 o9 x! I1 e/ ^8 B! c7 F2 ^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.) S3 w, w9 a9 J1 }* b
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The least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.
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1 M+ c: [: S9 W# Q0 V! hTotal sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.: @0 f6 T$ A8 t
% Z* u/ L1 x3 Y$ KSales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.
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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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