The average sale price is calculated by adding all the sale prices for homes sold in a specific area within a specified time frame and dividing that total by the number of properties sold. The problem here can be if one or more properties were sold at an extraordinarily high or low price, the average is skewed higher or lower as a result. In this case, the average becomes a somewhat unreliable metric. The median sale price is the sale price in the middle of the data set when
Did you realize $218.2 Million was spent in April 2019 buying real estate in Volusia County? Cash buyers are up 12.4% compared to 1 year ago.
Median time on the market is 30 days.
8.9% less new listings which means we are in a greater sellers market. In my neighborhood I have witnessed extreme sales prices, it is the BEST TIME TO SELL, thinking about it myself! #OrmondBeachRealEstate #OrmondBeachHomes #218.2Million? #ChelleRealtyCo