Table 7 Multiple regression results for...

Table 7

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

Variable	B	SE B	β	t	p	Tol	VIF
TOM	−0.36	0.08	−0.24	−4.63	<0.0005	0.807	1.24
DOP	−786.53	200.85	−0.23	−3.92	<0.0005	0.637	1.57
Q2	29.81	47.60	0.04	0.63	0.532	0.631	1.59
Q3	−20.57	54.36	−0.02	−0.38	0.706	0.665	1.50
Q4	32.00	50.23	−0.04	−0.64	0.525	0.628	1.59
Price change	−105.45	59.73	−0.10	−1.77	0.079	0.690	1.45
Property size to bedroom ratio	−6.95	1.95	−0.19	−3.57	<0.0005	0.798	1.25
Age	−13.30	4.92	−0.18	−2.70	0.008	0.483	2.07
Location: Chlorakas	71.89	56.46	0.07	1.27	0.205	0.726	1.38
Location: Coral Bay	1621.93	154.21	0.52	10.52	<0.0005	0.868	1.15
Location: Emba	−373.18	266.02	−0.07	−1.40	0.162	0.866	1.15
Location: Geroskipou	−33.59	150.90	−0.01	−0.22	0.824	0.906	1.10
Location: Kato Paphos	121.62	52.38	0.13	2.32	0.021	0.664	1.51
Location: Kissonerga	−71.17	111.45	−0.03	−0.64	0.524	0.843	1.19
Location: Mesa Chorio	200.26	121.70	0.12	2.39	0.018	0.844	1.18
Location: Mouttalos	−256.92	2554.46	−0.05	−1.01	0.314	0.947	1.06
Location: Paphos Town Center	−66.51	86.90	−0.04	−0.77	0.445	0.715	1.40
Location: Sea Caves	698.79	131.90	0.26	5.30	<0.0005	0.894	1.12
Location: Tala	119.98	87.06	0.07	1.38	0.170	0.846	1.18
Location: Tombs of the Kings	211.35	63.12	0.19	3.35	0.001	0.696	1.44
Location: Tremithousa	−325.71	213.53	−0.09	−1.53	0.129	0.676	1.48
Demand	−10.53	6.27	−0.10	−1.68	0.095	0.626	1.60
Swimming pool = yes	−68.60	68.24	−0.06	−1.01	0.316	0.617	1.62
Title deed = yes	−108.54	53.81	−0.12	−2.02	0.045	0.618	1.62
Showing Mode = Key at BuySell	−53.74	41.80	−0.07	−1.29	0.200	0.802	1.25
Constant	2625.21	266.64	––	––	––	––	––
Model summary	F = 11.28, sig < 0.0005 N = 208 R² = 0.608 Adjusted R² = 0.554

Variable	B	SE B	β	t	p	Tol	VIF
TOM	−0.36	0.08	−0.24	−4.63	<0.0005	0.807	1.24
DOP	−786.53	200.85	−0.23	−3.92	<0.0005	0.637	1.57
Q2	29.81	47.60	0.04	0.63	0.532	0.631	1.59
Q3	−20.57	54.36	−0.02	−0.38	0.706	0.665	1.50
Q4	32.00	50.23	−0.04	−0.64	0.525	0.628	1.59
Price change	−105.45	59.73	−0.10	−1.77	0.079	0.690	1.45
Property size to bedroom ratio	−6.95	1.95	−0.19	−3.57	<0.0005	0.798	1.25
Age	−13.30	4.92	−0.18	−2.70	0.008	0.483	2.07
Location: Chlorakas	71.89	56.46	0.07	1.27	0.205	0.726	1.38
Location: Coral Bay	1621.93	154.21	0.52	10.52	<0.0005	0.868	1.15
Location: Emba	−373.18	266.02	−0.07	−1.40	0.162	0.866	1.15
Location: Geroskipou	−33.59	150.90	−0.01	−0.22	0.824	0.906	1.10
Location: Kato Paphos	121.62	52.38	0.13	2.32	0.021	0.664	1.51
Location: Kissonerga	−71.17	111.45	−0.03	−0.64	0.524	0.843	1.19
Location: Mesa Chorio	200.26	121.70	0.12	2.39	0.018	0.844	1.18
Location: Mouttalos	−256.92	2554.46	−0.05	−1.01	0.314	0.947	1.06
Location: Paphos Town Center	−66.51	86.90	−0.04	−0.77	0.445	0.715	1.40
Location: Sea Caves	698.79	131.90	0.26	5.30	<0.0005	0.894	1.12
Location: Tala	119.98	87.06	0.07	1.38	0.170	0.846	1.18
Location: Tombs of the Kings	211.35	63.12	0.19	3.35	0.001	0.696	1.44
Location: Tremithousa	−325.71	213.53	−0.09	−1.53	0.129	0.676	1.48
Demand	−10.53	6.27	−0.10	−1.68	0.095	0.626	1.60
Swimming pool = yes	−68.60	68.24	−0.06	−1.01	0.316	0.617	1.62
Title deed = yes	−108.54	53.81	−0.12	−2.02	0.045	0.618	1.62
Showing Mode = Key at BuySell	−53.74	41.80	−0.07	−1.29	0.200	0.802	1.25
Constant	2625.21	266.64	––	––	––	––	––
Model summary	F = 11.28, sig < 0.0005N = 208R² = 0.608Adjusted R² = 0.554

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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