 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.
9 G; p1 L0 b J: [* `+ [
6 E1 m0 n' }/ x, P0 j3 P4 | C“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.: U' D7 Z% d2 J% w2 V# ?8 z$ ]
7 Z9 q( A( _7 r( K) l- `2 WSingle 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.
& b& O% \5 M r& s; P' S2 s# j* a5 R: t6 ]9 E6 N
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 $2.3 billion.
; V9 F/ k$ x4 [0 d+ G
3 s# L# n( |8 Q9 T) L8 k$ C“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.
. a2 k# [. z+ o5 E: @, M% C# m1 w0 d& `
-30-
# Q- [8 _; Q* Q, r: f8 N1 t2 \+ Z2 R8 R/ r& z. q3 j" p; |0 L
1 {& `3 N3 D/ t: VHighlights of MLS® activity
) ]) [* w" }+ N! k9 _/ l3 F# M$ y# f8 ^! j6 P4 {" r" y" B: p7 f z, E
April 2008 activity Record for' S" A; L9 T" f2 ]. n2 d& M
the month* % change from
$ E5 y) A* z6 Y. B2 s1 G1 tApril 2007
8 c7 q A3 ~2 h/ V# q. t" fTotal MLSsales this month 2,047 -25.80% 6 k: j! U( e4 B* Q0 g2 _" _# {5 T' F
Value of total MLSsales – month $699 million -28.80% 4 l3 t8 Q' _% d# B) [0 Z ^
Value of total MLSsales – year $2.27 billion -27.50%
. [- P3 N# J. W5 ^7 VResidential¹ sales this month 1,823 -25.30%
) A6 m" |' j9 Q/ ^ ^/ u- ^Residential average price $336,931 -2.10% 7 ^* }6 |5 V" F* d7 [+ h8 |! x% K
SFD² average selling price – month $386,033 -6.60%
8 i, E, |- S7 k* H: e8 |/ zSFD median³ selling price $372,500 -6.60%
; S3 g1 j9 Z& t* e% q( jCondo average selling price $256,947 -1.60% |
|