When trying to understand Stanford neighborhood home values the first and most often real estate statistic looked at is either average or median home sales price. The average price can be pushed up by a particularly expensive home being sold. Much less often an especially low price for one or two homes can push the average price down. By looking at both average and median price a quick judgment can be made about any unusually high or low prices
Quarterly Average Price of Stanford & Palo Alto Houses Sold
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