Real estate blog entries tagged with median versus average pricing by Liz Moras ~ Chilliwack Realtor, Garrison Crossing,Chilliwack, Abbotsford (Harrison Hot Springs, Cultus Lake)

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Home : Blogs : Liz Moras ~ Chilliwack Realtor, Garrison Crossing,Chilliwack, Abbotsford : Liz Moras' Real Estate Blog : Tag "median versus average pricing"

median versus average pricing: Speaking of Statistics...What's the Difference Between Median Price and Average Price? - 11/09/09 08:34 PM

Ever been confused by media reports of housing prices and the cost of home-ownership? The media usually report median or average prices without really explaining what that means. The news is always talkng about how housing is becoming less and less affordable and that the median price is climbing up like crazy everywhere. But what is a median price, why look at it and how it's different from average price?

Well the median home price is one of the most common measurements used to compare Real Estate prices in different markets, areas, and periods. It is said to be … (28 comments)

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Liz Moras ~ Chilliwack Realtor, Garrison Crossing,Chilliwack, Abbotsford

Chilliwack, BC

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Harrison Hot Springs, Cultus Lake

Address: Chilliwack, B.C.

Office Phone: (604) 799-0459

Cell Phone: (604) 799-0459

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I look forward to this opportunity to share with both my fellow Realtors and my local community...some local anecdotes, tidbits of info - community profiles, real estate savy......interspersed with humor and inspiration!

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