Curiously, if you drive by almost any gas station, convenience store, or grocery store, you'll see posted the current price of a gallon of milk, and the cost of a pack of cigarettes. Since I don't consume either product, these prices don't mean much to me. However, for others these staple items are benchmarks of the economy as a whole.
So, what do you think? Should real estate offices post the average sales price each month for homes in the neighborhood right above the entrance?
- A gallon of milk this week was $2.99 at the local gas station.
- The average sales price for a home in Arlington, VA last month was $512,725.
Would you like to pick up a house on your drive home from work?
Here's the average sales prices around the Northern Virginia area for homes sold in November 2011:
FALLS CHURCH $476,768
GREAT FALLS $1,279,767
WASHINGTON DC $514,274
Perhaps we should post a price range, since while the average price in McLean is $851,102, homes sold between $185,000 and $3.5 million.
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