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Average

Yeah Eric, good point about "average" being a potentially misleading stat. That may be why the spreadsheet also included median values; I just didn't bother making graphs for both median and mean. To verify what you're saying, you might be interested in downloading the spreadsheet and graphing the median values; it's all there.

Also, I don't know if you noticed from the spreadsheet, but the data comes in four categories per county:
  1. Single Family Under $1M
  2. Single Family Over $1M
  3. Condo / Townhome Under $600K
  4. Condo / Townhome over $600K
which tends to ameliorate the issue you're talking about.

In short, the data in the spreadsheet has much more than just average housing prices, so the problem you mention is minimized.

You said that you think foreclosures and short sales skewed the data. Do you have data to support that claim? Please post what you have so we can all see; that would be phenomenal.

Let's see if Chris has anything to say about why he thinks or is reading Vancouver housing prices are so high.

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