Median price is deemed to be a more accurate market indicator than average price because of steep price fluctuations that sometime exist within market segments and thus can distort calculated averages.
Great opportunities are available for those who are ready to purchase. February continues with New Year momentum Over the past 3 months the number of sales each month has increased. Not large numbers by any means, but a total of 14 sales in February is better than 10 in January. We see a large increase in the median sale price in both the single family sales data and the … (1 comments)
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