Hi Guys,
How much value do you place on the median prices RE.com.au comes up with?
I just reviewed an area I own in and it jumped from 532k to 655k in 2 months
Date Median House Price Median Unit Price
Mar-09 $537,500 $447,000
Apr-09 $500,000 $515,000
May-09 $520,000 $537,134
Jun-09 $511,500 $545,500
Jul-09 $500,000 $574,350
Aug-09 $572,500 $542,000
Sep-09 $590,000 $508,500
Oct-09 $576,500 $578,000
Nov-09 $590,000 $526,000
Dec-09 $532,500 -
Jan-10 - -
Feb-10 $655,000
Is there a better way that is not a swayed by one large sale?
How much value do you place on the median prices RE.com.au comes up with?
I just reviewed an area I own in and it jumped from 532k to 655k in 2 months
Date Median House Price Median Unit Price
Mar-09 $537,500 $447,000
Apr-09 $500,000 $515,000
May-09 $520,000 $537,134
Jun-09 $511,500 $545,500
Jul-09 $500,000 $574,350
Aug-09 $572,500 $542,000
Sep-09 $590,000 $508,500
Oct-09 $576,500 $578,000
Nov-09 $590,000 $526,000
Dec-09 $532,500 -
Jan-10 - -
Feb-10 $655,000
Is there a better way that is not a swayed by one large sale?
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