lots in inner or close to inner loop

[Lowexpectations]

Originally Posted by PedroMartinez

I followed the link to the data YOU provided, and since the five sizes were ranges, the middle range was the median range.

If you'd like to discuss sizes of lots across the globe, point us to the data and we can see how a 7,000 sq ft lot compares.

Right now, I just used YOUR data for both the US and our region and showed the average size as well as the median range.

Don't get upset when I use the information YOU provided.

I posted US census data to give you and idea, nation wide that largest category of new homes were built on lots under 7000 feet. Another poster posted data from hcad that had median in our market of 7800. Don't let relevant facts get in the way of your opinion

[PedroMartinez]

Originally Posted by Lowexpectations

I posted US census data to give you and idea, nation wide that largest category of new homes were built on lots under 7000 feet.

Actually, according to the data you linked, 72.4% of lots are larger than 7,000 sq ft.

Originally Posted by Lowexpectations

Another poster posted data from hcad that had median in our market of 7800. Don't let relevant facts get in the way of your opinion

Can you please share the post number that has this data, because apparently you aren't accepting the data to which you linked.

[Lowexpectations]

Originally Posted by PedroMartinez

Actually, according to the data you linked, 72.4% of lots are larger than 7,000 sq ft.

I'm not sure if you understand what I said but it's factual, meaning not an opinion. Under 7000 sqft is the largest category of the national data I posted

Can you please share the post number that has this data, because apparently you aren't accepting the data to which you linked.

It looks like regional data, median not average

Originally Posted by diggity101

so the median size of lots for new construction in our region is about 7,800 sqft.

Top Posts of 2013: Regional Lot Size Differences | Eye On Housing

[PedroMartinez]

Originally Posted by Lowexpectations

I'm not sure if you understand what I said but it's factual, meaning not an opinion. Under 7000 sqft is the largest category of the national data I posted

It's a fact that the majority of lots, according to YOUR data, are larger than 7,000 sq ft.

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That link isn't HCAD, and that link doesn't provide the data. It just has their analysis which appears to be wrong since they claim to be using the same US Census data that you linked.

Out of curiosity, did you even look at his link, because you said several times it was HCAD data when anybody who clicks and looks can see that it clearly isn't.

[Lowexpectations]

Originally Posted by PedroMartinez

It's a fact that the majority of lots, according to YOUR data, are larger than 7,000 sq ft.

True but not quintile contains more houses than under 7k, the bottom two quintiles exceeds to top to as well

BTW, still waiting for that HCAD link post number.

Edited above, regional data, a post below that one shows itl under 6k is the median

[PedroMartinez]

Originally Posted by Lowexpectations

True but not quintile contains more houses than under 7k, the bottom two quintiles exceeds to top to as well

Why do you keep trying to spin it?

Nearly 75% of lots are larger than 7,000 sq ft.

Look at the definition of small (posted earlier). A 7,000 sq ft lot is small because the average is over 10,000 sq ft.

Originally Posted by Lowexpectations

Edited above, regional data, a post below that one shows itl under 6k is the median

You really need to understand the definition of median.

In this set of numbers,:

1, 2, 3, 4, 19, 38, 42

Which is the median number?

[Lowexpectations]

Originally Posted by PedroMartinez

Why do you keep trying to spin it?

Nearly 75% of lots are larger than 7,000 sq ft.

Look at the definition of small (posted earlier). A 7,000 sq ft lot is small because the average is over 10,000 sq ft.

Averages can distort the actual distribution. If the median itl lot is under 6000 sqft 7000 isn't small no matter what the average is

You really need to understand the definition of median.

In this set of numbers,:

1, 2, 3, 4, 19, 38, 42

Which is the median number?

4 and the average? 15.57 so an average income or lot size of 15 would distort what most people are dealing with