EFFECTS OF PHYSICAL CHARACTERISTICS ON INITIAL LISTING PRICE , TIME ON MARKET , AND ULTIMATE SELLING PRICE

ECU Author/Contributor (non-ECU co-authors, if there are any, appear on document)

Meredith Jones (Creator)

Institution

East Carolina University (ECU )

Web Site: http://www.ecu.edu/lib/

Abstract: A house is comprised of many different attributes that may affect how well it performs when listed for sale on the market. This study examines how certain physical characteristics of a house affect its listing price , time on market , and ultimate selling price. The physical characteristics in this study include age of the house , size of the house , number of bedrooms , number of bathrooms , presence of a fireplace , number of stories , and whether the home is waterfront. Data were collected from an Eastern North Carolina county and regression analysis was performed. The findings indicate age , size , number of baths , and whether a fireplace is present in a house all have a significant impact on the list price and sold price. The physical attributes of a house have no clear effect on the total number of days the house is for sale on the market.

Additional Information

Publication

Thesis

Language: English

Date: 2018

Keywords

single-family residence, days on market, real estate, initial list price, ultimate selling price, housing attributes

Subjects

Email this document to