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$ s8 D' b7 x. Y! i6 c4 LEdmonton* b1 }$ V' W8 ?' B% \0 d
% q+ K1 v' d0 t+ l* kSingle 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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/ @: y* p9 Q2 yCondominiums 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. & }0 h: d% M; ]) h) b( f) _8 \0 y
* c) u9 f* r2 _- f& ~1 \/ EThe 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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) x3 \ D- L( B& }4 b0 x5 ^The least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182., t$ f3 E1 G, g" I0 m$ a0 X
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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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/ g; A- W% M/ tSales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.
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# A! G4 _ I8 n" i2 f0 kMore 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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