The average price of a single-family home was $305,459 ($329,783 in August).

The average price of a condo was $181,458 ($182,741 in August).

Average: where the sum of values is divided by the number of values

The median price of a single-family was $245,000 ($257,500 in August).

The median price of a condo sold in September was $148,000, ($152,500 in August)

Median: Half of the values are larger than the median value, and half are smaller.

What does this mean? Whatever number (average or median) floats your boat, it still means that prices dropped in September for both houses and condos.

Source: Another home-market tumble

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