Selling Price and Area Analysis for D.M. Pan National Real Estate Company
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Report: Selling Price and Area Analysis for D.M. Pan National Real Estate Company
Introduction
The real estate industry conducted this study to assess the competitive advantage of implementing intelligent business practices. Statistical analysis techniques, including regression analysis and descriptive statistics, were employed. Regression analysis examined the correlation between property size (measured in square feet) and selling price, while descriptive statistics were utilized to summarize the data. A random sample of 30 real estate properties was selected, and their median listing price and square footage were recorded for this study.
Representative Data Sample
The provided data in Table 1 displays the results of 30 random samples collected from the West South-Central Region. Please refer to Table 2 below for a summary of the pricing of listings, cost
per square foot, and square footage.
Table 1
State
County
listing price
$'s per square foot
square feet la
tangipahoa
242,300 $110
2,202 la
st. landry
254,700 $118
2,150 tx
comal
249,200 $165
1,510 tx
dallas
279,600 $144
1,940 la
bossier
305,500 $140
2,177 la
lafourche
297,000 $128
2,320 la
st. tammany
280,300 $150
1,869 la
calcasieu
214,300 $115
1,871 la
ouachita
304,300 $158
1,921 la
terrebonne
254,700 $156
1,637 ok
tulsa
295,000 $130
2,267 tx
mclennan
407,300 $104
3,920 tx
liberty
206,400 $113
1,822 tx
hays
230,000 $154
1,490 tx
johnson
234,900 $115
2,040 tx
harris
196,200 $115
1,700 ar
baxter
286,900 $132
2,176 ar
garland
274,800 $134
2,056 tx
bell
323,100 $143
2,262
