What is a median asking price?
The median asking price is the middle asking price of a group of listings: half are priced above it and half below. Unlike an average, it is not pulled up by a handful of very expensive properties.
Last updated · Property & listings glossary
About Median asking price
International Surf Properties publishes a median only when at least three priced listings support it.
Related terms
- Asking price
- The asking price is the price a seller or their agent puts on a listing. It is not the price the property sells for, which is negotiated and often lower.