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calculating moving averages for rents etc

Discussion in 'Real Estate' started by alandliz, 15th Sep, 2005.

  1. alandliz

    alandliz New Member

    Joined:
    15th Sep, 2005
    Posts:
    1
    New to this site and interested in rental reality theory. Can anyone help me and explain clearly how to get info on calculating moving averages for prices and rents? Doesn't seem obvious in RP data reports or data is only 2 years old.
     
  2. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
    Posts:
    1,885
    Location:
    Sydney
    Hi Alan
    Can I just ask why you're using moving average figures for analysis rather than median prices and rents instead? Averages can be misleading, as unusually high or low prices can skew the final figures.
    Residex do their quarterly reports using medians, for both sales prices and rents. I find this a bit more accurate myself.