Real estate blog entries tagged with median price by Bill Williams (Coldwell Banker Tomlinson Group)

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Home : Blogs : Bill Williams : Bill's Boise Real Estate Blog : Tag "median price"

median price: Boise Area Home Sales and Prices - 11/28/08 09:56 AM

In September we saw an increase in closed sales over the year before. It was a situation that the local and national papers heralded as very good news for the troubled housing market. I even heard one local radio real estate show suggest we'd see a strong rebound in October, November, and December. I warned that the number could also be due to the big mortgage stumble in August of 2007. So, how did we come out in October? Did we pass the bottom, or was it just a hiccup?
Ada County home sales for October come in at 409 for … (4 comments)

median price: Does Median Price Matter? - 03/13/07 11:48 AM

This is Russell Shaw on the Bloodhound Blog the other day:
Using the median sales prices of an area (which almost all economists and others doing sales data analysis seem to want to do) may be quite useful in determining which city has the best (or worst) affordability. Median sales prices have no meaningful value if used to determine short-term movement of home prices. NONE. The median price of a home can go down and that does not mean that the actual selling price of any home in that area went down even one dollar! The median price can go up … (0 comments)

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Bill Williams

Boise, ID

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Coldwell Banker Tomlinson Group

Address: 4720 Emerald, Boise, ID, 83706

Office Phone: (208) 377-2310

Cell Phone: (208) 921-9512

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Occasional posts about Boise, real estate, and things that catch my mind... I love it here, and sometimes I just need to tell you about it!

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