Variable definition and descriptive statistics
| Variable | Definition | Obs | Mean | Std. dev. |
|---|---|---|---|---|
| Price | Contract price (SEK) | 15,043 | 5,077,251.5 | 2,432,466.5 |
| LA | Living area (sq. m) | 15,043 | 128.616 | 37.372 |
| PA | Plot area (sq. m) | 15,043 | 561.841 | 286.754 |
| NR | Number of rooms | 15,043 | 5.574 | 1.291 |
| BY | Building year | 14,900 | 1,955.376 | 22.807 |
| DS | Distance to subway station (km) | 15,043 | 1.209 | 0.637 |
| DCBD | Distance to CBD (km) | 15,043 | 9.564 | 3.063 |
| DMF09 | Distance to multifamily constructions in 2009 (km) | 15,043 | 6.092 | 3.87 |
| DMF10 | Distance to multifamily constructions in 2010 (km) | 15,043 | 2.35 | 1.426 |
| DMF11 | Distance to multifamily constructions in 2011 (km) | 15,043 | 2.163 | 1.439 |
| DMF12 | Distance to multifamily constructions in 2012 (km) | 15,043 | 1.456 | 0.834 |
| DMF13 | Distance to multifamily constructions in 2013 (km) | 15,043 | 1.636 | 0.979 |
| DMF14 | Distance to multifamily constructions in 2014 (km) | 15,043 | 1.606 | 0.861 |
| DSF09 | Distance to single-family constructions in 2009 (km) | 15,043 | 1.816 | 1.225 |
| DSF10 | Distance to single-family constructions in 2010 (km) | 15,043 | 1.993 | 2.059 |
| DSF11 | Distance to single-family constructions in 2011 (km) | 15,043 | 1.728 | 1.963 |
| DSF12 | Distance to single-family constructions in 2012 (km) | 15,043 | 1.438 | 1.046 |
| DSF13 | Distance to single-family constructions in 2013 (km) | 15,043 | 1.685 | 1.169 |
| DSF14 | Distance to single-family constructions in 2014 (km) | 15,043 | 1.551 | 1.406 |
| Variable | Definition | Obs | Mean | Std. dev. |
|---|---|---|---|---|
| Price | Contract price (SEK) | 15,043 | 5,077,251.5 | 2,432,466.5 |
| LA | Living area (sq. m) | 15,043 | 128.616 | 37.372 |
| PA | Plot area (sq. m) | 15,043 | 561.841 | 286.754 |
| NR | Number of rooms | 15,043 | 5.574 | 1.291 |
| BY | Building year | 14,900 | 1,955.376 | 22.807 |
| DS | Distance to subway station (km) | 15,043 | 1.209 | 0.637 |
| DCBD | Distance to CBD (km) | 15,043 | 9.564 | 3.063 |
| DMF09 | Distance to multifamily constructions in 2009 (km) | 15,043 | 6.092 | 3.87 |
| DMF10 | Distance to multifamily constructions in 2010 (km) | 15,043 | 2.35 | 1.426 |
| DMF11 | Distance to multifamily constructions in 2011 (km) | 15,043 | 2.163 | 1.439 |
| DMF12 | Distance to multifamily constructions in 2012 (km) | 15,043 | 1.456 | 0.834 |
| DMF13 | Distance to multifamily constructions in 2013 (km) | 15,043 | 1.636 | 0.979 |
| DMF14 | Distance to multifamily constructions in 2014 (km) | 15,043 | 1.606 | 0.861 |
| DSF09 | Distance to single-family constructions in 2009 (km) | 15,043 | 1.816 | 1.225 |
| DSF10 | Distance to single-family constructions in 2010 (km) | 15,043 | 1.993 | 2.059 |
| DSF11 | Distance to single-family constructions in 2011 (km) | 15,043 | 1.728 | 1.963 |
| DSF12 | Distance to single-family constructions in 2012 (km) | 15,043 | 1.438 | 1.046 |
| DSF13 | Distance to single-family constructions in 2013 (km) | 15,043 | 1.685 | 1.169 |
| DSF14 | Distance to single-family constructions in 2014 (km) | 15,043 | 1.551 | 1.406 |
Notes: The table presents data on single-family house transactions. The dependent variable is the transaction price (Price), and the value that influences the independent variables is the living area (LA), the number of rooms (NR), the plot area (PA) and the year of construction (BY). LA and PS are measured in square metres, NR in numbers and BY in years. The variables are also the distance to the subway station (DS) and the central business district (CBD), both measured in kilometres (km). The distance to the nearest distance to a completed construction is measured in 3 km per year and the type of building, that is, apartment building project (DMF09-14) and single-house project (DSF09-14). The descriptive statistics in the table are mean and standard deviation. The data have been cleaned of observations that are potential outliers. We excluded all observations that fall below 1% or exceed 99% in price, living space, plot area and the number of rooms. Regarding the variables’ distance from the metro station and CBD, we have excluded observations further away than the 99th percentile
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