Pure and simple: You are a newbie. I suspect a fake newbie as well. Your false assertions of fact are proof that you are dissembling and a real estate shill. I will not reply to you again. Hang in the wind and twirl like Toadsterpatriot.
" The median price of a home in Encino is 1.19 mill, not 850,000. While you said "over" 850,000 you are way off. If you had the actual numbers or could even come closer you would increase your credibility and wouldn't have to spend time cleaning up the mess you created.
The average price of a home in California last month was $596,000. This is up from 569,000 last year. This shows how stats can be used to exaggerate or support a position which may not have a solid foundation. Your statement should be that some or many homes may have gone down, but the average is up. If you want to know how the number went up, I can explain that for you."
Run away. LOL!