“Your logic on lot size variation outweighing minor home size variation makes great sense to me.”
Of course it does and it is yet another fatal flaw in the median. The median house this year can be represented by an 800 sq ft house on a acre which is being compared to a 4000 sq ft McMansion on a 5,000 sq ft lot that sold last year.
Median….HUHHHH?
Its all garbage. The only accurate measure is Same House sales. I’ve provided many on numerous threads. The only ones that Beebo posted were major remodels, high end ZIPS (Coronado etc.). Show me an average tract home purchased between mid 2004 and resold last month with no major changes and I’ll show you a homeowner that lost money in the vast majority of cases.