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9 }0 {7 \! H: I- |% \& w2 U$ MEdmonton
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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 $341,083. . M. n& f; O1 F: l3 V$ N1 ^& w
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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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, \5 \8 h4 j2 X+ v# g5 z5 ?6 _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.
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The least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.& O) E0 {5 z: [% n1 n$ M; @+ e. b
' t. q/ q) e" S5 e2 HTotal 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.
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( l8 P# y; ]6 b% I. `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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