Search results

Correct PI, Aaron got it wrong. The average price is affected by these extreme high and low sales but the median figure is not. If there aer very few sales in the period then the median can swing greatly but with a decent sample the median figure can be pretty reliable. Horses for courses...

It's certainly an interesting topic. I found this quote a bit interesting about inner city property sales in Adelaide. It reads like a mansion selling for millions has the ability to change a median figures more than any sale that is anywhere in the range higher than the current median (which it...