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The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

term:

Average Price

average price: determining the cost of a home by totaling the cost of all houses sold in one area and dividing by the number of homes sold.

Source: U.S. Department of Housing and Urban Development

Related Terms from the Property Rights and Real Estate Law Glossary

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