sellers market: Average, Mean and Median - Terms used in House Price Market Reports - 04/11/15 11:59 PM

Average, Mean & Median - 3 Essential Terms used in Real Estate Market Reports
Real estate information provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
These 3 essential terms are used in Real Estate Market Reports to show  house prices in certain geographical areas, over a specific period of time.
 
Whether it was a Buyers’ Market, Sellers’ Market or Balanced Market, in that geographical area, and during that time period is determined by various calculations involving these 3 essential terms.
 
Those 3 terms often cause confusion.
 
The 3 terms are:
·      Average Price
·      Mean Price
·      Median Price
 
Average Price:
Average Price is calculated by … (1 comments)

sellers market: Clarington House Prices, February 2015 - Link Houses - 03/25/15 10:13 AM
House Prices in Clarington, Ontario, for February 2015 - Link Houses
Real estate market data for Clarington, Ontario, for February 2015, provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Clarington House Prices – Link Houses
(See explanation of 5 different house types)
 
Some points of Interest for February 2015:
 
ü The average price, for Link Houses in Clarington in February 2015, increased from $286,154 in February 2014 to $321,615 in February 2015 – a massive increase of $35,461 = 12.39%
 
ü The lowest average price for a month during the year was … (1 comments)

sellers market: Clarington House Prices, February 2015 - Attached Row Townhouses - 03/22/15 10:15 AM
House Prices in Clarington, Ontario, for February 2015 - Attached Row Townhouses
Real estate market data for Clarington, Ontario, for February 2015, provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Clarington House Prices – Attached Row Townhouses
(See explanation of 5 different house types)
 
Some points of Interest for February 2015:
 
ü The average price, for Attached Row Townhouses in Clarington in February 2015, increased from $264,667 in February 2014 to $288,687 in February 2015 – a big increase of $24,020 = 9.08%
 
ü The lowest average price for a month during … (2 comments)

sellers market: Ajax House Prices, February 2015 - Detached Houses - 03/20/15 05:21 AM
House Prices in Ajax, Ontario, for February 2015 - Detached Homes
Real estate market data for Ajax, Ontario, for February 2015, provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Ajax House Prices – Detached Homes
(See explanation of 5 different house types)
 
Some points of Interest for February 2015:
 
ü The average price, for Detached Homes in Ajax in February 2015, increased from $443,117 in February 2014 to $520,479 in February 2015 – a massive increase of $77,362 = 17.46%
 
ü The lowest average price for a month during the year was … (0 comments)

sellers market: Whitby House Prices, February 2015 - Attached Row Townhouses - 03/19/15 09:40 AM
House Prices in Whitby, Ontario, for February 2015 - Attached Row Townhouses
Real estate market data for Whitby, Ontario, for February 2015, provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Whitby House Prices – Attached Row Townhouses
(See explanation of 5 different house types)
 
Some points of Interest for February 2015:
 
ü The average price, for Attached Row Townhouses in Whitby in February 2015, increased from $333,153 in February 2014 to $365,655 in February 2015 – a significant increase of $32,502 = 9.76%
 
ü The lowest average price for a month during … (0 comments)

sellers market: Whitby House Prices, February 2015 - Detached Houses - 03/19/15 02:41 AM
House Prices in Whitby, Ontario, for February 2015 - Detached Homes
Real estate market data for Whitby, Ontario, for February 2015, provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Whitby House Prices – Detached Homes
(See explanation of 5 different house types)
 
Some points of Interest for February 2015:
 
ü The average price, for Detached Homes in Whitby increased from $475,303 in February 2014 to $512,801 in February 2015 – a significant increase of $37,498 = 7.89%
 
ü The lowest average price for a month during the year was $451,380 in August … (0 comments)

sellers market: Oshawa House Prices, February 2015 - Condo Townhouses - 03/17/15 11:38 AM
House Prices in Oshawa, Ontario, for February 2015 - Condo Townhouses
Real estate market data for Oshawa, Ontario, for February, 2015 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Oshawa House Prices – Condo Townhouses
(See explanation of 5 different house types)
 
Some points of Interest for February 2015:
 
ü The average price, for Condo Townhouses in Oshawa in February 2015, increased from $153,756 in February 2014 to $183,200 in February 2015 – a big increase of $29,444 = 19.15%
 
ü The lowest average price for a month during the year was … (0 comments)

sellers market: Oshawa House Prices, February 2015 - Detached Houses - 03/15/15 08:53 AM
House Prices in Oshawa, Ontario, for February 2015 - Detached Homes
Real estate market data for Oshawa, Ontario, for February, 2015 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Oshawa House Prices – Detached Homes
(See explanation of 5 different house types)
 
Some points of Interest for February 2015:
 
ü The average price, for Detached Homes in Oshawa in February 2015, increased from $343,335 in February 2014 to $362,958 in February 2015 – a significant increase of $19,623 = 5.72%
 
ü The lowest average price for a month during the year was … (0 comments)

sellers market: Clarington House Prices, January 2015 - Attached Row Townhouses - 03/09/15 10:34 AM
House Prices in Clarington, Ontario, for January 2015 - Attached Row Townhouses
Real estate market data for Clarington, Ontario, for January, 2015 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Clarington House Prices – Attached Row Townhouses
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of January, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be … (2 comments)

sellers market: Whitby House Prices, January 2015 - Attached Row Townhouses - 03/08/15 10:21 AM
House Prices in Whitby, Ontario, for January 2015 - Attached Row Townhouses
Real estate market data for Whitby, Ontario, for January, 2015 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Whitby House Prices – Attached Row Townhouses
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of January, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be … (0 comments)

sellers market: Ajax House Prices, January 2015 - Detached Houses - 03/07/15 11:05 AM
House Prices in Ajax, Ontario, for January 2015 - Detached Homes
Real estate market data for Ajax, Ontario, for January, 2015 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Ajax House Prices – Detached Homes
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of January, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be kept in … (0 comments)

sellers market: Oshawa House Prices, January 2015 - Condo Townhouses - 03/03/15 10:17 AM
House Prices in Oshawa, Ontario, for January 2015 - Condo Townhouses
Real estate market data for Oshawa, Ontario, for January, 2015 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Oshawa House Prices – Condo Townhouses
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of January, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be kept in … (2 comments)

sellers market: Oshawa House Prices, January 2015 - Attached Row Townhouses - 03/02/15 07:02 AM
House Prices in Oshawa, Ontario, for January 2015 - Attached Row Townhouses
Real estate market data for Oshawa, Ontario, for January, 2015 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Oshawa House Prices – Attached Row Townhouses
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of January, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be … (0 comments)

sellers market: Whitby House Prices, January 2015 - Detached Houses - 02/28/15 10:52 AM
House Prices in Whitby, Ontario, for January 2015 - Detached Homes
Real estate market data for Whitby, Ontario, for January, 2015 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Whitby House Prices – Detached Homes
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of January, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be kept in … (2 comments)

sellers market: Oshawa House Prices, January 2015 - Detached Houses - 02/27/15 10:44 AM
House Prices in Oshawa, Ontario, for January 2015 - Detached Homes
Real estate market data for Oshawa, Ontario, for January, 2015 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Oshawa House Prices – Detached Homes
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of January, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be kept in … (2 comments)

sellers market: Pickering, Ontario, House Prices, December 2014 - Detached Houses - 01/25/15 12:59 AM
House Prices in Pickering, Ontario, for December 2014 - Detached Homes
Real estate market data for Pickering, Ontario, for December, 2014 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Pickering House Prices – Detached Homes
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of December, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be kept in … (0 comments)

sellers market: Ajax, Ontario, House Prices, December 2014 - Detached Houses - 01/24/15 06:58 AM
 
House Prices in Ajax, Ontario, for December 2014 - Detached Homes
Real estate market data for Ajax, Ontario, for December, 2014 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Ajax House Prices – Detached Homes
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of December, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be kept … (0 comments)

sellers market: Clarington House Prices, December 2014 - Detached Houses - 01/23/15 11:44 AM
House Prices in Clarington, Ontario, for December 2014 - Detached Homes
Real estate market data for Clarington, Ontario, for December, 2014 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Clarington House Prices – Detached Homes
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of December, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be kept in … (4 comments)

sellers market: Whitby House Prices, December 2014 - Attached Row Townhouses - 01/23/15 01:45 AM
House Prices in Whitby, Ontario, for December 2014 - Attached Row Townhouses
Real estate market data for Whitby, Ontario, for December, 2014 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Whitby House Prices – Attached Row Townhouses
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of December, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be … (0 comments)

sellers market: Whitby House Prices, December 2014 - Detached Houses - 01/22/15 07:01 AM
House Prices in Whitby, Ontario, for December 2014 - Detached Homes
Real estate market data for Whitby, Ontario, for December, 2014 provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage
 
Whitby House Prices – Detached Homes
(See explanation of 5 different house types)
 
Author’s Note:
In reviewing the market statistics for the month of December, it is relevant to note that, due to preparations for the holiday season, the holiday period itself (and the weather!), real estate activity is usually significantly lower than at other times of the year.
 
This should be kept in … (0 comments)

 
Brian Wiseman LL.B. CIPS, The WiseMan of Real Estate

Brian Wiseman LL.B. CIPS

The WiseMan of Real Estate

Oshawa, ON

More about me…

Address: Keller Williams Energy Real Estate Brokerage, 360 King Street West, OSHAWA, Ontario, L1J 2J9

Office: 905-723-5944

Mobile: 905-220-2888



Links

Archives

RSS 2.0 Feed for this blog