Average Sales Price and Number of Properties for Sale
This graph represents the average* sales price and the total number properties available for sale, in units, for each month over the past 2 years.
*Average: The average number is the calculated 'central' value of a set of numbers. To calculate an average value, all numbers in a series are added up and then their sum is divided by the total number of values in the series. E.G.: 1,3,5,6,9 the average is (1+3+5+6+9)/5 = 4.8.
When looking at this graph, in October 2017, the average sales price was about $343,000 and the number of properties available for sale was just under 3,000 units.