you really did an amazing transformation! I have two questions:
Q&A with Sandra & Justin Renovation Diary
|9/13/13 11:06 PM|
I think you have 'median' and 'mean' mixed up. Real estate prices are usually given as the median price specifically because the median is not as affected by outliers. The mean, or average of all prices, can be very affected by outliers, e.g. a small group of extremely high priced homes. The median is defined as the point at which 50% of points are below it and 50% are above it, so a small group of high prices wouldn't move it too much.
What Does It Really Cost to Live in Chicago? Apartment Therapy's Cost of Living Report: Chicago 2013
|8/21/13 01:27 PM|