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# U7 C2 B: ]$ k# wSingle 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.# @* r: @' P: |5 E: H
% h# ?" t+ H3 ~# i: K/ V- _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. 3 _8 Z3 L1 M. w% q
: U: y& y7 J0 a% DThere 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./ Y8 J- M9 ]1 V: }: V: ^- w W
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The least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.
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6 S0 ^# O* B. r0 O8 o: \- u. BTotal sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.
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' y2 g, y* U' n% n4 H, O. x! tSales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.
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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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