I get what you’re saying. It’s all really how you read the stats.

Altos gives the median, which, in my opinion, allows for even more variance than an average. Instead of adding everything up and finding the average (where each value is included), their finding the middle value. Therefore, you really can’t tell what was happening below or above the medians.

It does indicate like what you’re saying, larger houses sold for less per sq ft (accounting for drop in sq ft price and increase in median home price at the same time). If we had the modes and/or graph of data, then we’d be in business.

…what does this mean? It means that more homes that were larger were sold but at a lower price than in the past. So the prices are still declining. It just will not be reflected accurately in median statistics.

In other words, if 10 smaller homes sold last month at 350/sq.ft, while 10 larger homes sold this month at 330/sq.ft, then the median price would rise while the real values of the homes declined. Sorry if I am not describing this clearly but if you go back to Altos and look at the other graphs it should make more sense.