I also wanted to take a look at median home sale price verses average home sale price. The data looks very similar with the average not been much higher than the medium. This tells me that bulk of Alameda's inventory is mostly priced between $600,000 and $650,000. You can see that both the medium and average also declined in the later part of the year.
Charts reflect 444 Alameda sales reported through the MLS from January 1 to December 20, 2008. I will update the final December sales data and these charts in the second week of January.
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