Median ​v​s Average ​Price

We recently released the 2015 3rd Quarter Charlottesville Market Report and sometimes it helps to define how numbers are determined. Many Buyer clients ask us: “What’s the difference between median and average values?” And many of our Sellers want to know: “How does this affect my listing pricing strategy?” Let’s start with defining the term “average”, also known as the “mean.” This … [Read more...]

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Charles McDonaldBy Charles McDonald - Charles, and his firm, Charlottesville Solutions, are known locally and around the world for helping people relocate to the Charlottesville area. His background (running his own engineering firm for 20+ years in the Silicon Valley) has given him the skills to not only develop this site but also to manage a stellar group of agents!
Charles McDonald, REALTOR® and Principal Broker, is Licensed to sell Real Estate in Virginia. 434-515-1585
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