2-3 Assignment- Real Estate Analysis Part I

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Southern New Hampshire University *

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240

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Mathematics

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Jan 9, 2024

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Selling Price and Area Analysis for D.M. Pan National Real Estate Company 1 Report: Selling Price and Area Analysis for D.M. Pan National Real Estate Company MAT-240-J3857 Applied Statistics 23EW3 January,12 th 2023 Professor Stephanie Skwiers-Koballa Southern New Hampshire University
Selling Price Analysis for D.M. Pan National Real Estate Company 2 Introduction This report was created to show the relationship between a property's square footage size and its selling price. I randomly chose 30 units from the South Atlantic region to assemble this data. This report will outline the home estimate assumptions that are based on the property's square footage and sales price. Representative Data Sample Region State County square feet listing price South Atlantic fl orange 6,461 987,600 South Atlantic nc orange 2,151 488,300 South Atlantic sc aiken 2,164 378,800 South Atlantic nc lenoir 2,309 399,900 South Atlantic nc haywood 1,760 298,000 South Atlantic nc davidson 2,571 504,500 South Atlantic sc lexington 1,903 378,600 South Atlantic nc cabarrus 2,410 430,300 South Atlantic sc lancaster 2,439 439,000 South Atlantic nc hoke 2,011 305,700 South Atlantic nc catawba 2,215 329,700 South Atlantic fl hillsborough 1,994 362,900 South Atlantic nc lincoln 2,131 395,700 South Atlantic fl okaloosa 6,196 879,200 South Atlantic sc spartanburg 2,271 375,100
Selling Price Analysis for D.M. Pan National Real Estate Company 3 South Atlantic nc franklin 1,871 329,700 South Atlantic sc dorchester 2,460 403,900 South Atlantic nc forsyth 2,166 411,500 South Atlantic nc craven 1,626 312,500 South Atlantic fl bay 1,830 309,700 South Atlantic ga jackson 2,148 368,900 South Atlantic fl columbia 2,095 376,300 South Atlantic nc nash 1,758 333,200 South Atlantic ga lowndes 2,380 318,200 South Atlantic nc cleveland 1,681 250,700 South Atlantic fl highlands 1,650 274,600 South Atlantic fl miami-dade 4,810 792,900 South Atlantic sc berkeley 1,913 351,900 South Atlantic nc buncombe 2,190 446,000 South Atlantic sc kershaw 1,662 268,700 Using the data of 30 random units from the South Atlantic: Square Feet: Mean 2,441 Median 2,150 STDEV 1198.40134 Listing Price: Mean 416,733
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