Comments on: Inventory and Market Report – 2/2/08 http://www.arcadiahousingblog.com/2008/02/03/inventory-and-market-report-for-arcadia-ca/ Tracking the Arcadia and San Gabriel Valley Housing Market Sat, 31 Jul 2010 04:35:12 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: SavedByGrace http://www.arcadiahousingblog.com/2008/02/03/inventory-and-market-report-for-arcadia-ca/comment-page-1/#comment-41 SavedByGrace Sun, 03 Feb 2008 19:52:11 +0000 http://www.arcadiahousingblog.com/2008/02/03/inventory-and-market-report-for-arcadia-ca/#comment-41 joanbob mounteer; The median listing price accounts for all the homes currently on the market. The median sales price reflects the just the properties sold in December. Based on these figures, the median asking price as of February 2nd, 2008 is lower that the median sales price of homes sold one month ago (Dec. 2007). I'll clarify how the information above is presented. Sorry for the confusion. joanbob mounteer;

The median listing price accounts for all the homes currently on the market.

The median sales price reflects the just the properties sold in December.

Based on these figures, the median asking price as of February 2nd, 2008 is lower that the median sales price of homes sold one month ago (Dec. 2007).

I’ll clarify how the information above is presented. Sorry for the confusion.

]]> By: joanbob mounteer http://www.arcadiahousingblog.com/2008/02/03/inventory-and-market-report-for-arcadia-ca/comment-page-1/#comment-40 joanbob mounteer Sun, 03 Feb 2008 19:29:25 +0000 http://www.arcadiahousingblog.com/2008/02/03/inventory-and-market-report-for-arcadia-ca/#comment-40 I don't understand the data. Median sales price is higher than median listing price? Does this mean buyers are paying more than list price? I'm not a mathematician, so... I don’t understand the data. Median sales price is higher than median listing price? Does this mean buyers are paying more than list price? I’m not a mathematician, so…

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