These statistics should represent residential sales of houses, condos and townhomes in your board area. For this report, please use statistics for singlefamilyresidential sales only. Do not include lots or commercial properties.
For your information, the median sales price is the price that lies in the middle of the list of prices of homes sold, ranked in order of amount (lowest to highest or vice versa). In other words, half the homes in your area sold for more, half sold for less. Smaller boards may be able to determine that price with the least effort. In most cases, boards with an MLS can use their MLS software to generate this monthly number.
