What's a Median Asking Price? And should you care?

Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story. Nationally, home values are actually rising, even if the median price is down a bit. Let’s break down what’s really happening so you can make sense of the market without getting caught up in the fear the headlines create. Search all homes for sale: http://www.rhodeislandlistings.com/sa... Find out the value of your home: http://www.rhodeislandlistings.com/cm... Visit our website: http://www.rhodeislandlistings.com/sa... Sandi Warner, Esq. | Managing Broker | Team Lead Harbor to Hill Real Estate Team | Warner Realty Group, LLC 358 Broadway, Newport, RI, 02840 Cell: 401-662-7204 | Office: 401-236-8685 SandiWarner@WarnerRealtygr.com RhodeIslandListings.com/Sandi-Warner/