District Four Monthly Real Estate Market Trends

The following charts shows median and average price trends plus sales for single-family homes and condos. The chart uses a 3-month moving average to smooth out month-to-month fluctuations yet retain seasonal variations.

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DEFINITIONS

Median Price

Median Price is the price at which 50% of properties sold were above that price and 50% were below.

Average Price

Average Price is the sum of all prices divided by the number of sales.

DOM

Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.

SP/LP

The average selling price divided by the average list price.

SP/OLP

The average selling price divided by the average original list price. This is the price the property was first listed at, with that agent.

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