Quote:
Originally Posted by bizaro86
One thing I would be interested in knowing is the median price per square foot, and how that's changed. I watch the condo market pretty closely, and its a lot of the cheap crappy stuff that's selling quickly right now, while the 400,000 new units are sitting on the market for a long time. So even if you use median numbers, that doesn't mean each unit is less valuable, it could just be a different distribution of types of housing is selling.
Michael
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At the bottom of Mike's stats page he has the average / sq ft...
http://www.findcalgary.ca/listings?p...=127&pageId=19
He takes the average
price / sq foot of each home individually, and then take the average of all those numbers.
I'm not sure why he doesn't use the median of all those numbers instead of the average. But I guess by taking the avg / sq ft of each home individually it might lessen the chance of the numbers being too skewed one way or the other.