MAT 240 Module Two Assignment Template (1)

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Southern New Hampshire University *

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240

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Economics

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Apr 3, 2024

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docx

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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 Jennifer Baker Southern New Hampshire University
Selling Price Analysis for D.M. Pan National Real Estate Company 2 Introduction This report provides an extensive review of the relation a property’s listing price has to it’s square footage in a given region. It also allows an individual to help determine what the listing price of any property they have. The data collected is representative of 30 random properties throughout New England. Representative Data Sample Region State County Square Feet Listing Price $'s/ sq. ft. New England vt washington 2,562 401,500 $157 New England nh cheshire 2,588 331,400 $128 New England ma middlesex 1,966 346,700 $176 New England ct middlesex 2,214 347,000 $157 New England ri bristol 1,726 355,100 $206 New England ma franklin 2,088 356,800 $171 New England ma franklin 2,247 385,200 $171 New England ri washington 1,971 360,700 $183 New England ma bristol 1,695 362,400 $214 New England ct hartford 2,293 338,000 $147 New England ma barnstable 1,711 337,000 $197 New England ct windham 2,584 415,600 $161 New England vt windsor 5,319 731,000 $137 New England ma bristol 2,214 441,000 $199 New England ri kent 2,145 375,800 $175 New England nh grafton 2,491 358,200 $144 New England me york 1,991 370,000 $186 New England ma plymouth 6,516 814,300 $125
Selling Price Analysis for D.M. Pan National Real Estate Company 3 New England ma middlesex 5,230 791,100 $151 New England nh belknap 2,196 397,300 $181 New England ma plymouth 1,703 311,000 $183 New England ct new london 1,708 268,100 $157 New England ma worcester 2,246 395,800 $176 New England nh merrimack 1,715 340,300 $198 New England ri bristol 1,748 305,000 $174 New England nh strafford 1,969 363,700 $185 New England vt rutland 2,552 393,600 $154 New England me androscoggin 2,015 333,600 $166 New England ma berkshire 2,511 422,800 $168 New England ri providence 2,511 386,100 $154 Mean 2,481 404,537 $169 Median 2205 363050 171.1548987 Standard Deviation 1143.449201 132398.0974 22.0914411 Data Analysis When comparing the regional sample from New England (above) with the national market, the New England listing price and square footage are higher than the national market statistics. This regional sample reflects the national market poorly as it gives a false narrative on the average price point and square footage should be versus what it is. While the New England numbers are both data sets, they show that the more square footage a property has, the higher the
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