median sales prices: Calvert County Median Sales Prices Improve
- 07/15/11 07:18 AM
Calvert County Median Sales Prices Improve- Median sales prices in Calvert County improved in June, providing more signs of stabilization in the Calvert County real estate market. Median sales price statistics are typically stronger market direction indicators than average sales price statistics, as median sales price is defined as "the midpoint of the price of homes with equal number of homes sold above and below that point". Average sales price statistics are also important indicators, but number of units sold can distort those numbers in some scenarios, making the median sales price statistics better market indicators in most instances.
-The Calvert County median … (0 comments)
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Calvert County Median Sales Prices Improve- Median sales prices in Calvert County improved in June, providing more signs of stabilization in the Calvert County real estate market. Median sales price statistics are typically stronger market direction indicators than average sales price statistics, as median sales price is defined as "the midpoint of the price of homes with equal number of homes sold above and below that point". Average sales price statistics are also important indicators, but number of units sold can distort those numbers in some scenarios, making the median sales price statistics better market indicators in most instances.
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