This report is prepared for you by our team here at Valerie Jane Real Estate, at no cost to you, to enable you to keep up with your local real estate market.
It includes recent sales in your immediate area, and some statistics. Our research comes from specialist real estate sites that we subscribe to as a professional agency. We are happy to make this available to the people we meet who reside in our specialist area, because the more you know the better.
This report gives you information on what other properties have sold for, land size, description and basic position. Not all the information is available to us, so we can only include that which we have access to.
The median price is the middle price in a series of sales, where half of the sales are of lower value and half are of a higher value. For example, if 15 sales are recorded in a suburb and arranged in order from lowest to highest value, the eighth sale price is the median price.
Median prices are used rather than average prices because median prices are unaffected by a few unusually high or low prices, making them a more accurate indicator of true market activity. The lower quartile is the point where one quarter of the sales are for less value and the upper quartile is the point where one quarter of the sales are for a higher value.
*Information from REIV.
We have access to an array of other useful information to help people with their questions or decision-making process, which we are happy to share with you.