While trying to compare sales of one bedroom condos sold between January 1st and August 30 in 2009 and during the same period in 2010 I found that the median price in 2009 (Jan-Aug) was $85,750 and $155,000 for the same period this year.
Nr. Units | Avg. Price | Median Price | Max. Price | Min. Price | ||
2009 | 10 | $92,368 | $85,750 | $51,750 | $139,900 | |
2010 | 3 | $161,333 | $155,000 | $175,000 | $154,000 | |
Because only 3 one bedroom units were sold this year the statistics can be skewed. In future posts I will show how 2 bedroom condos and 3 bedroom condos behaved.
Stay tuned!
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