Yorkville Home Sales Off Slightly in October
Yorkville home sales drop slightly in October from 2011 levels.
Real estate sales for singlefamily homes fell slightly for October in comparison to 2011 sales, according to statistics compiled by the Mainstreet Organization of Realtors (MORe). There were 17 houses sold in Yorkville last month, down from 18 sold in October 2011. The median price of Yorkville house sales was $240,000, up from $185,813 in October 2011. Overall market for detached, single-family homes in suburbs throughout Kendall and Will counties saw growth in October, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Shorewood experienced the most dramatic percent change in the number of homes sold, with an uptick of 175 percent in October 2012 over October 2011. The number of actual homes sold this October was 11, …
Tim
12:41 pm on Tuesday, November 20, 2012
Using 'median' is about the least useful piece of information when it comes to home sales. In the following thread of numbers; 100,100,300,300,300 300 is the 'median', whereas 220 would be the 'average', or mean. Median is simply the middle number in the series, it is absolutely meaningless in this context, when attempting to overlay over an entire population. Realtors will use median or mean, … more ›