Average vs. Median Price. Which is a better indicator?

Real estate statistians report either what’s happening with the average price or the median price. Which one most accurately tell us what’s going on in the market? Watch this 2 minute video to understand.

 

[youtube width=”425″ height=”344″]http://www.youtube.com/watch?v=A51VI2-CcAo&list=UU4j5PYbxlDE_Bpe2tflUvCg&index=1&feature=plcp[/youtube]