so they say the median price dropped did every single house drop...

  1. 17,117 Posts.
    so they say the median price dropped
    did every single house drop in price, every single 2,3,4,5,6 bedder drop by 1%,
    whether it was worth 250k's, or 1,000 k's.....

    or maybe the truth lies outside your understanding
    of what the median stands for

    if more houses sell in the 400k's range
    and less 500k houses,
    than the median will show a drop
    it is simply the middle figure

    but what if some sold for 400k,
    that previously sold for 350 or 380...?
    those houses showed a gain

    and now some are getting excited thinking some people may have lost 3000 bucks

    give me a break
    stop clutching at straws....
 
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