Median prices for homes

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Our staff of freelance writers includes over 120 experts proficient in Median prices for homes , therefore you can rest assured that your assignment will be handled by only top rated specialists. Order your Median prices for homes paper at affordable prices As I flipped through the San Francisco Chronicle, I came across the perfect article for this project. The article is about the rise of home prices in the Bay Area and also gives the Median prices. This article was somewhat informative, but I would have to have all the other data that was provided for her.

The homes sold have steadily been increasing in the Bay Area. This article describes the median price for existing, single-family, detached homes. They say that the median prices for homes in the bay have jumped 13.6 percent in May 2001. In the state of California, the median price of homes was $321,130.00 up 25.5 percent from last year's $255,860.00. Sales for homes here in the Bay area rose 45.8 percent and statewide, 22.7 percent. The research firm, DataQuik, reported the median price of homes including new homes and condominiums to be $413,000.00.

The author of this article, Jelly Zito, is reporting mostly of existing homes and the median price within the Bay Area. She is basically relaying to the public that the median price for homes has gone up substantially in the past year. Kelly also provides the median prices for the state of California as well as nationwide.

The methods she uses are basic arithmetic. She calculates all the data from the research firms and calculates the percentages for the median prices. She gathers all the data provided the firms and puts them in lists.

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In my opinion, she is properly using statistics. The firms gathered the information for her, she then study the data she has received, checking the research done by numerous firms, then she either calculates them on computer or by calculator to come to her conclusion.

In conclusion, I believe this article to be useful if you are a homebuyer in the Bay Area. It is better to uncover what others are paying for homes in each area. This is my second time taking statistics and this is the first time I understand what is going on. People use statistics everyday and I believe it to be very valuable in our lives.

References

1. Kelly Zito-

The San Francisco Chronicle

06/26/02-Wednesday

Business Section page B2

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