Edmonton home sales picking up in April

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Edmonton home sales picking up in April


By Bill Mah, edmontonjournal.comMay 4, 2009Comments (13)
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8 R) H, p( Q9 C' K# F' \  For Sale signs in Edmonton.Photograph by: Ed Kaiser/Edmonton Journal, Edmonton JournalEdmonton — Home sales in the Edmonton region picked up in April from both the same time last year and last month, according to MLS statistics released Monday. There were 1,843 residential sales in April. That is up 1.1 per cent from April 2008, and a whopping 33.6 per cent from March 2009.
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The average (mean) price of single-family homes in the Edmonton area increased one per cent from March to $353,386. That was still 8.5 per cent below the previous April price of $386,033. Condo prices were up 2.4 per cent from March to $236,020 and down 8.1 per cent from April 2008. Duplex and rowhouse prices rose 5.2 per cent to $291,068 from last month; the average price was down $24,147, or about 7.6 per cent off the same month last year. Realtors’ Association of Edmonton president Charlie Ponde said realtors are busier and some properties are getting multiple offers. “However, inventory is still relatively high and sellers should price their properties aggressively to attract offers,” Ponde said. The number of listings on April 30 was 7,539 — up one per cent from last month but far below last April’s glut of 10,606 properties. The key sales to listing ratio for April was 61 per cent, indicating increased activity. But for the year to date, the ratio falls to 46 per cent. Average days on market was 51. In April 2008, it was 52 and in April 2007 it was 22. bmah@thejournal.canwest.com

宋兵乙

季节性反弹。呵呵

icing

Thanks for sharing

richardzhng

In April it is too hot for selling the house