Table 6 Multiple regression results for...

Table 6

Multiple regression results for selling price (SP), refined model for houses

Variable	B	SE B	β	t	p	Tol	VIF
TOM	0.06	0.09	0.03	0.68	0.500	0.738	1.36
DOP	−1186.50	235.40	−0.26	−5.04	<0.0005	0.522	1.92
Q2	−29.73	52.84	−0.03	−0.56	574	0.542	1.84
Q3	−18.19	56.16	−0.02	−0.32	0.746	0.566	1.77
Q4	−95.61	58.94	−0.08	−1.62	0.106	0.550	1.82
Price change	−77.31	63.23	−0.06	−1.22	0.223	0.630	1.59
Property size to bedroom ratio	−8.95	2.02	−0.17	−4.43	<0.0005	0.878	1.14
Plot size to property size ratio	201.52	16.89	0.55	11.93	<0.0005	0.647	1.54
Age	−22.07	5.06	−0.21	−4.36	<0.0005	0.559	1.79
Location: Agios Georgios Pegeias	270.52	106.57	0.10	2.54	0.012	0.891	1.12
Location: Anavargos	−33.23	123.29	−0.01	−0.27	0.788	0.849	1.18
Location: Chlorakas	133.98	85.95	0.07	1.56	0.120	0.748	1.34
Location: Coral Bay	625.56	68.61	0.38	9.12	<0.0005	0.796	1.26
Location: Emba	−7.29	113.66	0.00	−0.06	0.949	0.878	1.14
Location: Geroskipou	187.97	216.41	0.03	0.87	0.386	0.947	1.06
Location: Kato Paphos	43.50	90.71	0.02	0.48	0.632	0.865	1.16
Location: Kissonerga	111.51	221.04	0.02	0.50	0.614	0.907	1.10
Location: Konia	121.55	119.96	0.04	1.01	0.312	0.897	1.11
Location: Mesa Chorio	572.77	355.63	0.07	1.61	0.109	0.698	1.43
Location: Mesogi	22.6	119.56	0.01	0.19	0.850	0.903	1.11
Location: Mouttalos	−124.13	307.09	−0.02	−0.40	0.686	0.937	1.07
Location: Paphos Town Center	182.09	309.99	0.02	0.59	0.557	0.919	1.09
Location: Sea Caves	156.84	144.88	0.04	1.08	0.280	0.854	1.17
Location: Tala	91.56	70.74	0.05	1.29	0.197	0.776	1.29
Location: Tombs of the Kings	192.67	133.48	0.06	1.44	0.150	0.842	1.19
Location: Tremithousa	118.34	130.74	0.04	0.91	0.366	0.878	1.14
Demand	−16.64	6.92	−0.11	−2.40	0.017	0.651	1.54
Swimming pool = yes	61.19	69.90	0.04	0.88	0.382	0.718	1.39
Title deed = yes	−27.73	56.73	−0.02	−0.49	0.625	0.662	1.51
Showing Mode = Key at BuySell	5.08	38.70	0.01	0.13	0.896	0.882	1.13
Constant	2967.76	0.09	––	––	––	––	––
Model summary	F = 16.41, sig < 0.0005 N = 269 R² = 0.682 Adjusted R² = 0.641

Variable	B	SE B	β	t	p	Tol	VIF
TOM	0.06	0.09	0.03	0.68	0.500	0.738	1.36
DOP	−1186.50	235.40	−0.26	−5.04	<0.0005	0.522	1.92
Q2	−29.73	52.84	−0.03	−0.56	574	0.542	1.84
Q3	−18.19	56.16	−0.02	−0.32	0.746	0.566	1.77
Q4	−95.61	58.94	−0.08	−1.62	0.106	0.550	1.82
Price change	−77.31	63.23	−0.06	−1.22	0.223	0.630	1.59
Property size to bedroom ratio	−8.95	2.02	−0.17	−4.43	<0.0005	0.878	1.14
Plot size to property size ratio	201.52	16.89	0.55	11.93	<0.0005	0.647	1.54
Age	−22.07	5.06	−0.21	−4.36	<0.0005	0.559	1.79
Location: Agios Georgios Pegeias	270.52	106.57	0.10	2.54	0.012	0.891	1.12
Location: Anavargos	−33.23	123.29	−0.01	−0.27	0.788	0.849	1.18
Location: Chlorakas	133.98	85.95	0.07	1.56	0.120	0.748	1.34
Location: Coral Bay	625.56	68.61	0.38	9.12	<0.0005	0.796	1.26
Location: Emba	−7.29	113.66	0.00	−0.06	0.949	0.878	1.14
Location: Geroskipou	187.97	216.41	0.03	0.87	0.386	0.947	1.06
Location: Kato Paphos	43.50	90.71	0.02	0.48	0.632	0.865	1.16
Location: Kissonerga	111.51	221.04	0.02	0.50	0.614	0.907	1.10
Location: Konia	121.55	119.96	0.04	1.01	0.312	0.897	1.11
Location: Mesa Chorio	572.77	355.63	0.07	1.61	0.109	0.698	1.43
Location: Mesogi	22.6	119.56	0.01	0.19	0.850	0.903	1.11
Location: Mouttalos	−124.13	307.09	−0.02	−0.40	0.686	0.937	1.07
Location: Paphos Town Center	182.09	309.99	0.02	0.59	0.557	0.919	1.09
Location: Sea Caves	156.84	144.88	0.04	1.08	0.280	0.854	1.17
Location: Tala	91.56	70.74	0.05	1.29	0.197	0.776	1.29
Location: Tombs of the Kings	192.67	133.48	0.06	1.44	0.150	0.842	1.19
Location: Tremithousa	118.34	130.74	0.04	0.91	0.366	0.878	1.14
Demand	−16.64	6.92	−0.11	−2.40	0.017	0.651	1.54
Swimming pool = yes	61.19	69.90	0.04	0.88	0.382	0.718	1.39
Title deed = yes	−27.73	56.73	−0.02	−0.49	0.625	0.662	1.51
Showing Mode = Key at BuySell	5.08	38.70	0.01	0.13	0.896	0.882	1.13
Constant	2967.76	0.09	––	––	––	––	––
Model summary	F = 16.41, sig < 0.0005N = 269R² = 0.682Adjusted R² = 0.641

Note(s): (mc) = Mean Centered; Tol. = Tolerance; VIF = Variance Inflation Factor

Reference category for Quarter = Q1

Reference category for Price Change = 0

Reference category for Location: Peyia

Reference category for Swimming pool = No swimming pool

Reference category for Title deed = No title deed

Reference category for Showing mode = other showing mode

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