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$ D x+ |- c: J1 eEdmonton. l' s" l" j0 k. K5 [: A
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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.
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4 W7 |8 {: R! V1 N- @' {% l" RThe 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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d& x2 Z7 ]- O& H8 XThe least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.
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. S6 v3 I4 `1 N# l5 d7 kTotal sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.; O" T& m3 s" p! ?5 N; ^
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Sales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.
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& y0 B! _7 o$ o G2 M0 a, aMore 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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