2016Q1-NCREIF-Value-psf---AptV1.xlsx

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Thanks! Works perfectly and quite impressive.
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Thanks! Works perfectly and quite impressive.

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Hi dhansen_<br />
<br />
If that solution worked, please don't forget to mark it as the solution and close the question.<br />
<br />
Thanks,<br />
Brian (TBone2K)<br />
Topic Advisor
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Hi dhansen_

If that solution worked, please don't forget to mark it as the solution and close the question.

Thanks,
Brian (TBone2K)
Topic Advisor

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This worked well. I did do some side math, and found I could further simplify the formula by taking the difference of two AVERAGEIFS functions, market less nation. Yields the same results.
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This worked well. I did do some side math, and found I could further simplify the formula by taking the difference of two AVERAGEIFS functions, market less nation. Yields the same results.

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Trying to take the average difference between market values in one metro versus the national average. Both national data and the metro data are in the same data set, so I have been attempting to use multiple criteria in an &quot;AVERAGE(IF(...&quot; format. Cannot use VBA. Current formula is:<br />
<br />
{=AVERAGE(IF((MSA=&quot;METRO NAME)*(YYYYQ&gt;=20001)*(YYYY<wbr />Q&lt;=20161)=<wbr />1,MVperSF_<wbr />SF_Wtd-(MS<wbr />A=&quot;NATION&quot;<wbr />)*(YYYYQ&gt;=<wbr />20001)*(YY<wbr />YYQ&lt;=20161<wbr />)*MVperSF_<wbr />SF_Wtd,FAL<wbr />SE))}<br />
<br />
Where &quot;MVperSF_SF_Wtd&quot; is the value-weighted market value per square foot for an apartment building. The results are just wrong, so looking for some help. <br />
<br />
I have attached the file for further clarity. Please see column &quot;R&quot;.<br />
<br />
Thanks for the help!!!<br />
<a href="https://filedb.experts-exchange.com/incoming/2016/07_w30/1107876/2016Q1-NCREIF-Value-psf---Apt.xlsx" target="_blank" class="file-inline" title="2016Q1-NCREIF-Value-psf---Apt.xlsx (580 KB)"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"><path d="M67.508 468.467c-58.005-58.013-58.016-151.92 0-209.943l225.011-225.04c44.643-44.645 117.279-44.645 161.92 0 44.743 44.749 44.753 117.186 0 161.944l-189.465 189.49c-31.41 31.413-82.518 31.412-113.926.001-31.479-31.482-31.49-82.453 0-113.944L311.51 110.491c4.687-4.687 12.286-4.687 16.972 0l16.967 16.971c4.685 4.686 4.685 12.283 0 16.969L184.983 304.917c-12.724 12.724-12.73 33.328 0 46.058 12.696 12.697 33.356 12.699 46.054-.001l189.465-189.489c25.987-25.989 25.994-68.06.001-94.056-25.931-25.934-68.119-25.932-94.049 0l-225.01 225.039c-39.249 39.252-39.258 102.795-.001 142.057 39.285 39.29 102.885 39.287 142.162-.028A739446.174 739446.174 0 0 1 439.497 238.49c4.686-4.687 12.282-4.684 16.969.004l16.967 16.971c4.685 4.686 4.689 12.279.004 16.965a755654.128 755654.128 0 0 0-195.881 195.996c-58.034 58.092-152.004 58.093-210.048.041z"/></svg>2016Q1-NCREIF-Value-psf---Apt.xlsx</a>
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2016Q1-NCREIF-Value-psf---Apt.xlsx

Trying to take the average difference between market values in one metro versus the national average. Both national data and the metro data are in the same data set, so I have been attempting to use multiple criteria in an "AVERAGE(IF(..." format. Cannot use VBA. Current formula is:

{=AVERAGE(IF((MSA="METRO NAME)*(YYYYQ>=20001)*(YYYYQ<=20161)=1,MVperSF_SF_Wtd-(MSA="NATION")*(YYYYQ>=20001)*(YYYYQ<=20161)*MVperSF_SF_Wtd,FALSE))}

Where "MVperSF_SF_Wtd" is the value-weighted market value per square foot for an apartment building. The results are just wrong, so looking for some help. 

I have attached the file for further clarity. Please see column "R".

Thanks for the help!!!

Excel Formula Help - Benchmark Subset of Array Against Another Subset in Same Array

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