 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.
) j+ Y6 m' w/ N, e
! j: Z+ C( Y4 k6 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.
5 }5 |+ F8 f2 Y$ H! v' Z8 s* D3 @/ q! ?; o
Single 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 $336,931 when compared to March and down just 2.1% from a year ago.
) T5 T8 e/ `) C$ p5 H: E5 {) h
" l( J5 ~8 u: F2 E0 h. ]# w6 N3 [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 $2.3 billion.
0 ~' s& e4 O; A4 Z& p% E8 f- J6 Z3 @9 ?" }" F: J, h6 W
“It is hard to draw comparisons to last year,” said Perras. “Prices were still going up at this time last year and inventories were about one quarter what they are now. It’s a much different market in 2008.” He encouraged all buyers and sellers to consult with their REALTORS® for the best advice on current market trends and conditions.# K) N) [7 g/ r, s! ^
1 l# a" k2 b1 c; @& q-30-1 i$ ^* b& `' C* H! S% F
7 A N7 E' N- ?0 q$ P
7 m* n m4 k8 i6 x
Highlights of MLS® activity" n) g s# q S% D! Y
% q7 b3 n- D2 T5 u! \- x5 o2 LApril 2008 activity Record for
) a5 R) F8 l' Y. w& p: Tthe month* % change from1 h+ Y* n* [3 @* b+ |- _
April 2007
; O% r* e4 b/ Z# T9 E- KTotal MLSsales this month 2,047 -25.80% : M7 G& r2 L* {- Z V+ h
Value of total MLSsales – month $699 million -28.80% ' w1 ^+ R" k( B( U
Value of total MLSsales – year $2.27 billion -27.50%
. X* D, X% V( v. Q: b, ]Residential¹ sales this month 1,823 -25.30% 4 ]- X% @; o% t* X, G' Y: g: f
Residential average price $336,931 -2.10%
2 A: h% t" M' z5 i+ gSFD² average selling price – month $386,033 -6.60% + ^3 ^8 I8 s% D. a2 B/ Q
SFD median³ selling price $372,500 -6.60%
- w1 @8 R2 g5 |. ]" a: wCondo average selling price $256,947 -1.60% |
|