Malone Hodges
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Malone Hodges Real Estate Blog


Wednesday, September 26, 2007

Pebble Beach Quartiles (Sept 2007)





Quartiles
In markets like ours there can be variability between the upper and lower end of the market. For example, the first quartile, the most expensive properties in Pebble Beach, saw a dip in median price earlier this year but has moved upward over the last few months. Meanwhile the second, third, and fourth quartiles have remained relatively flat.
A word of caution, there are only a few properties for sale in each quartile so a sale of one or two can skew the data.

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