The numbers are in for the first 8 months for pre-owned homes in Collin County. Remember this is taking the whole county into consideration and may not be reflective of your personal city or neighborhood. Check with your realtor if you are interested in finding out more about statistics for your own neighborhood since those numbers can vary from area to area. I want to give you an explanation between two numbers realtors frequently use and how they are calculated. First is the Medium range and the second in the Averagerange.  

The median of a set of numbers is that number where half the numbers are lower and half the numbers are higher. In the case of real estate, that means that the median is the price where half the homes sold that month were cheaper,…

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