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Edmonton- }3 R2 B, @. p* H
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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 $265,557.8 f, d( S x* K L2 U t V2 B
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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 $341,083.
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1 o+ U% Q+ G9 @$ y/ j; V7 P) V3 G; 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. 8 h3 l# t @" \% w6 o- U
' W6 N$ `& M3 |9 N- F2 F; B6 ?, sThe 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.) B0 W0 U6 G8 V8 ]
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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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Total sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.
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Sales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.$ e2 O$ w1 m+ ?9 G, y, e
( n1 b/ f' e3 K' e; j% I; 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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