Your Lake Arrowhead Realtor would like to share some local Lake Arrowhead Information with you.
Realty ONE Group Mountain Desert - Prescott, AZ
REALTOR
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate
Kat, another great Lake Arrowhead market recap. I was wondering, can you explain what's the difference between medium list and average list prices? There's such a big gap between them.
Jan 24, 2011 03:10 AM
Realty ONE Group Mountain Desert - Prescott, AZ
REALTOR
Pamela: Thanks!
Median verses Average: Median means half of homes listed fall below that list price, and half are above it.
Average is adding up all the listed prices and dividing them by the total number of homes listed.
And the same applies with solds.
Jan 24, 2011 04:01 AM
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