 鲜花( 4348)  鸡蛋( 18)
|
Edmonton, May 5, 2008: The REALTORS® Association of Edmonton reported that the average price for single family homes dropped less than half a percent after three months of small increases. April sales of all types of residential property through the Multiple Listing Service® were lower than the two previous years at 1,823 units but higher than the more typical years of 2004 and 2005.! I& @% y' m& P) [, w1 {
6 H& H- A4 U2 e+ I' |4 K. h2 B
“The Edmonton housing market is stable and buyers and sellers seem to be coming to a realistic view of housing prices,” said Marc Perras, president of the REALTORS® Association of Edmonton. “In this market, with a very high inventory, pricing is a key component of a successful sale.” While the typical sale is completed at 97% of the asking price many sellers have had to reduce their price to find the level that would attract a buyer.
4 R# b# `. [1 }5 T/ V9 m% q3 N3 I! }
5 `! ]# a+ I# e; ^. E4 _$ T; ySingle family dwellings sold on average* for $386,033 in April just 0.4% down from the previous month. SFD prices are still 6.6% lower than April 2007. Condos sold on average for $256,947, a decrease of 2.3% from last month. On the other hand, duplexes and rowhouses sold during April were priced 2.3% higher at $316,065 on average. Overall, the average price for all types of residential property was down 2% at $336,931 when compared to March and down just 2.1% from a year ago.) [9 @7 Z* H3 u4 S" m
& Y# \% _& s6 s. G* i
There are 10,606 residential properties currently available on the MLS® (up 12% from last month’s record inventory). The average days on market was just 52 days; up one from March. There were 4,471 residential listings during the month and the sales to listing ratio is a low 41%. Total residential sales were $1.99 billion and total MLS® sales were $2.3 billion./ O0 o2 D+ m9 [6 i' o; ]6 x0 f
+ y) \2 q3 g C3 ^“It is hard to draw comparisons to last year,” said Perras. “Prices were still going up at this time last year and inventories were about one quarter what they are now. It’s a much different market in 2008.” He encouraged all buyers and sellers to consult with their REALTORS® for the best advice on current market trends and conditions.
% K5 d: D4 e- d5 O. g) s/ Q, I/ h
-30-# |( v6 i. l. F1 @: s$ f
1 u% C8 K. }8 D, b) f N# p- R- c5 T" i( B8 V( y
Highlights of MLS® activity
3 \7 n4 L; n: S/ w, c* f
! H; k( c. K) n7 lApril 2008 activity Record for' g0 {, R' H- N- ?' n2 q* G
the month* % change from
" |+ m& {- j& O3 X; d4 z9 @- F- WApril 2007 9 s# o& f' p$ V' X- D( ?* d
Total MLSsales this month 2,047 -25.80%
5 N- W" ^2 ~3 [$ a- W, o/ z) G3 GValue of total MLSsales – month $699 million -28.80%
$ q8 Y, x# Y0 D, D! _8 rValue of total MLSsales – year $2.27 billion -27.50% 1 s' W6 ~: F. Y; M5 T1 o
Residential¹ sales this month 1,823 -25.30% 9 w& k2 f2 W" s/ P* [: D% L' m j
Residential average price $336,931 -2.10% / M2 o1 Y! W- j) n8 P2 t) J. {
SFD² average selling price – month $386,033 -6.60%
- s6 e6 A7 o1 VSFD median³ selling price $372,500 -6.60%
. g: Z3 T8 ^- x5 b" g2 {Condo average selling price $256,947 -1.60% |
|