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& _! \$ B* \7 s: Y$ E9 nSingle 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 $265,557.) E$ ] {" `( H0 i6 x. ^+ s
: u5 \% H" y: f3 ]3 eCondominiums 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. " }6 D) c0 x1 k1 b
: O: B# M, `% l- W, U7 tThere 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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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 $294,890.9 i# B7 R% |6 |
, E3 o9 k! H# H5 R% ]$ e5 wThe least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.( {! d1 P$ A1 I
! M: j' }) h* r' UTotal sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.
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. ~ M, a/ V/ b' e8 ^) hSales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.
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& _6 G8 Z# M4 R% Q3 RMore 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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