Average price is calculated by adding all property prices and dividing by the number of properties. It can be heavily influenced by a few very expensive or very cheap properties, which can distort the real picture of the market.

Median price is the middle value when all properties are sorted from lowest to highest price. It is not affected by extreme values and usually reflects what a typical property actually costs in the area.

In simple terms, average shows the overall financial level of the market, while median shows the “normal” or most common price buyers are likely to encounter.

When average and median are close, the market is balanced. When they are far apart, it usually means the market has strong luxury influence or uneven pricing.

Market Gap % shows how different the average price is from the median price, expressed as a percentage.

A low value means that average and median prices are close to each other. This usually indicates a stable and balanced market where prices are consistent and there are no extreme distortions.

A high value means that the average price is significantly higher than the median price. This usually happens when a small number of expensive properties pull the average upward while most properties remain at lower prices.

In simple terms, this metric shows how “clean” or “distorted” the pricing structure is. The higher the gap, the more uneven the market.