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jimmy46's
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462 comments
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I believe median sales prices are meaningless """
Dec 22 14:48 pm
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All Comments by jimmy46 »Sacramento, Heart of Foreclosure Activity, Hits Holiday Slow Down [View article]
True, and for another reason,
the houses that are selling now are the cheaper ones,
the expensive houses are sitting unsold.
A more meaningful way to calculate the median would be to
not count the lowest 20% and the highest 20%
Only the middle 60% would determine the median.