Comments on: Verdugo Woodlands Real Estate Review http://www.kendylsopenhouse.com/verdugo-woodlands/verdugo-woodlands-real-estate-review/ Everything Glendale, Ca and "Above the 134" Mon, 19 Jul 2010 20:25:25 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Greg http://www.kendylsopenhouse.com/verdugo-woodlands/verdugo-woodlands-real-estate-review/comment-page-1/#comment-826 Greg Sat, 10 Jan 2009 19:25:19 +0000 http://www.kendylsopenhouse.com/?p=813#comment-826 There may be a couple of explanations for the difference in the percentage: 1) Were medians used to compute the average sales price and the prices above or below 15%? Was there a combination of the mean average and the median average? If there was a combination of methods, then that would be problematic 2) The other reason may be the distribution of prices around the average (google histogram, and you'll see what I mean). What was the number of houses sold above and below 1500 square feet? There may be a couple of explanations for the difference in the percentage:

1) Were medians used to compute the average sales price and the prices above or below 15%? Was there a combination of the mean average and the median average? If there was a combination of methods, then that would be problematic
2) The other reason may be the distribution of prices around the average (google histogram, and you’ll see what I mean). What was the number of houses sold above and below 1500 square feet?

]]> By: Kendyl http://www.kendylsopenhouse.com/verdugo-woodlands/verdugo-woodlands-real-estate-review/comment-page-1/#comment-823 Kendyl Fri, 09 Jan 2009 14:15:20 +0000 http://www.kendylsopenhouse.com/?p=813#comment-823 Thanks, Jack! So glad to see you're still reading! Thanks, Jack! So glad to see you’re still reading!

]]> By: Jack http://www.kendylsopenhouse.com/verdugo-woodlands/verdugo-woodlands-real-estate-review/comment-page-1/#comment-821 Jack Fri, 09 Jan 2009 05:05:44 +0000 http://www.kendylsopenhouse.com/?p=813#comment-821 Data shows homes above 1500SF on average were still more expensive to buy in 2008 than homes below 1500SF were in 2007 despite an average price drop of 17%. One must conclude than that the overall price drop of only 13% must be due to a shift in the numbers sold towards larger homes in 2008 compared to 2007. Data shows homes above 1500SF on average were still more expensive to buy in 2008 than homes below 1500SF were in 2007 despite an average price drop of 17%. One must conclude than that the overall price drop of only 13% must be due to a shift in the numbers sold towards larger homes in 2008 compared to 2007.

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