This graph lets you see how the market place is shaping up. If there are a number of new listings and not very many sales that may affect the timing of putting your property on the market and may require adjustment of listing price. If there is a higher number of sales than new listings coming on the market it indicates that you as a buyer should have your finances in order to be able to make a quick offer.
The average sale price takes the total sum of property sale prices in the time period shown and then divided by the actual number of sales. There are a number of factors that influence the average sale price such as the location, condition and size of property. The graph gives you a general idea of sale prices in our area.