Market Statistics
BOULDER COUNTY: The graph to the left depicts the Median Sales Price for homes in Boulder County. Looking at median sales price can be useful in comparison to only looking at the average sales price because the median sales price is not as sensitive to homes that are either extremely above or below other sales prices (outliers).
Buyers may be interested in the median sales price as an estimate for what they will be potentially paying for a home in a specific area, such as in Boulder County.
On the other hand, Sellers may be interested in the median or average sales price as a way to determine what the market is like for their area and what to expect before putting their home on the market.
DENVER COUNTY: The graph to the left depicts the Median Sales Price for homes in Denver County. Looking at median sales price can be useful in comparison to only looking at the average sales price because the median sales price is not as sensitive to homes that are either extremely above or below other sales prices (outliers).
Buyers may be interested in the median sales price as an estimate for what they will be potentially paying for a home in a specific area, such as in Denver County.
On the other hand, Sellers may be interested in the median or average sales price as a way to determine what the market is like for their area and what to expect before putting their home on the market.