2-3 Assignment- Real Estate Analysis Part I
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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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