Victoria M Gettings -Realtor

Victoria M Gettings -Realtor Our community’s go-to team for buying and selling residential homes. We’re known for direct comm

Ever wonder what your House is worth...Comment Home Value below.
07/30/2025

Ever wonder what your House is worth...Comment Home Value below.

Howard Hanna Summer Camp Day 8 - Market Monday - What does it Mean? Today's I've chosen "Median Sale Price" and hopeful...
07/21/2025

Howard Hanna Summer Camp Day 8 - Market Monday - What does it Mean? Today's I've chosen "Median Sale Price" and hopefully if you don't already know what that is, you will now!

The Median Sale Price is the price where half of the homes sold in any given area that month were cheaper and half were more expensive.

The median sale price is a valuable metric because it provides a more accurate representation of typical home prices in a given area compared to the average sale price. This is because the median is less susceptible to being skewed by extremely high or low sale prices (outliers), offering a clearer picture of what most buyers are actually paying

While the average sale price gives you a general idea of the overall market, the median provides a better representation of the "typical" home price in an area, especially in markets with wide price ranges.

So from this recent graph below from the Greater Capital Association of Realtors for the month of May 2025, you can that not only is the median sale price of $317,500 you can also see the Year To Date median sale price for the Capital Region has increased 8+% in each of the last two years.

Let me know if this was of any value to you!







Address

Keyes Company
Fort Lauderdale, FL
33304

Opening Hours

Monday 8am - 7pm
Tuesday 8am - 7pm
Wednesday 8am - 7pm
Thursday 8am - 7pm
Friday 8am - 7pm
Saturday 8am - 7pm
Sunday 8am - 7pm

Telephone

+15182098558

Website

https://browardcountyestatesolutions.com/, https://victoriagettings.howardhanna.com

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