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 quarter over the past 3 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. |

Example: |

When looking at this graph, using Q4'13 as an example, the average sales price was nearing $1.2m with roughly 400 properties for sale that quarter. |