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An adjective describing someone or something that is average.
The averagity of that youtube video bored the crap out of me...Literally.
Averagity by Eric Crawford January 5, 2010
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Averaginity 

A status in everyone's life when a person has yet to do or see something so incredible that it would send shock waves in the media.
1.In a daring attempt to lose his averaginity, Jim, while blindfolded, rode a rocket powered shopping cart to school. Unfortunately, there was bumper to bumper traffic today so he never made it to school
2.Due to Dave's crazy party last night, I slept through the entire day, missing the next sighting of bigfoot, in my backyard.
Averaginity by stabproofvest September 24, 2009