Saturday, February 26, 2005

Sarasota Real Estate Prices:Average Price vs. Median Price

Average Price & Median Price defined:

Average Price: The total price of all of the sold homes divided by the number of homes sold.

Median Price: is the value that separates the highest half of the sample from the lowest half.



Residential Average Price: $409,354
Condo Average Price: $337,576

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