Housing Prices in Tucson, Arizona
Bibliographic Data
| ID | 11670458 |
|---|---|
| Authors | Gordon F Mulligan (0000-0003-0485-0144, University of Arizona, corresponding author), Raymond S Franklin (0000-0002-2614-4665, United States Census Bureau), Rachel Franklin, Adrian Esparza (University of Arizona), Adrian X Esparza |
| Year | 2002 |
| Volume | 23 |
| Issue | 5 |
| Pages | 446-470 |
| Publication date | 2002-08-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Urban Geography (JOURNAL) |
| Journal identifiers | ISSN: 0272-3638 • E-ISSN: 1938-2847 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.2747/0272-3638.23.5.446 |
| OpenAlex | W2079708861 |
| Language | EN |
| Citations received | 1 |
| References cited | 28 |
The hedonic approach is used to analyze selling prices for housing units in greater Tucson, Arizona, during 1998. Using over 6,400 Multiple Listing Service transactions, ordinary least-squares regression is used to estimate implicit prices for the amount of living space, age of the unit, and other housing attributes in this rapidly growing southwestern city. Price premiums are estimated for nine different real estate districts, which realtors believe are different housing submarkets. Regression estimates are also given for the difference between original list price and selling price, thereby indicating how sellers and buyers differentially evaluated housing attributes. Nearly 3,700 transactions (from an overlapping data set) were geocoded, and these cases are examined in somewhat more detail. Spatial heterogeneity in selling prices is addressed but spatial dependency is not. The statistics of the hedonic price functions compare favorably with those for other U.S. cities
Cartography · Econometrics · Economics · Economy · Geocoding · Geography · Hedonic index · Hedonic Pricing · Hedonic regression · House price · Listing (finance · Ordinary least squares · Price index · Real estate · Residential real estate · Service (business · Unit (ring theory · Computer Science · Economic and Environmental Valuation · Housing Market and Economics · Mathematics · Spatial and Panel Data Analysis · Finance
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Social justice and the city
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| Unique citing works | 1 |
|---|---|
| Citations per year | 0,07 |
| Citation span | 2011 - 2011 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |