The definition of a median
sale price figure is the sale price of the property which 50% of the homes sold
below and 50% of the homes sold above. It is the home right in the middle of the
sales reported. As opposed to the average which is the total of the sale prices
divided by the number of properties.
Real Estate data supplied
by the Calgary Real Estate Board.
The information is thought
to be correct but is not warranted to be so.
