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" ]3 P6 i' D" a% N4 jSingle 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 $265,557.2 c! `& g; s9 p8 O
9 x/ @0 P- u' ACondominiums 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.
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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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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 $294,890.5 U$ ^6 X: M) B" p2 c F
6 x4 X) J$ u. o0 W( lThe least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.
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) K( \1 Q; u# `Total sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.! U+ e3 |- l5 T2 Z+ @3 L
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Sales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.3 Q2 D" U/ p# C `2 L
1 A. g& e; x. G1 @( S" {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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