probability is about .95 that the 95% confidence interval will include the true population parameter. On the other hand, 2.5% of the time the highest value in the confidence interval will be smaller than the true value, while 2.5% of the time the smallest value in the confidence interval will be greater than the true value.
Just remember, low prices sell more quickly. When in doubt, go back to Step 1 and remind yourself WHY you are having a garage sale. Then, proceed with your pricing.Items sold for $1 sell much faster than those sold for $5 or more. For the best results, keep your prices in the $1 to $2 range.
Compiled by the Fairfax County Department of Management and Budget. Average Home Sales Prices The average sales price of all homes that sold in June 2014 in Fairfax County was $570,434, an increase of 2.9 percent over the June 2013 average sales price of $554,117.Compared to the annual 2013 average home sales price of $531,136, the June price increased 7.4 percent.The average sales price for detached homes that sold in June 2014 was $729,298, an increase of 4.7 percent over the June 2013 average of $696,629.ompared to the annual 2013 average home sales price of $531,136, the June price increased 7.4 percent. The average sales price for detached homes that sold in June 2014 was $729,298, an increase of 4.7 percent over the June 2013 average of $696,629.