Results of the analysis of quadratic effects. R2 = 0.686, adjusted R2 = 0.678, F-value = 85.07, n = 600.
| Variable | Coefficient | t-ratio | P-value |
|---|---|---|---|
| Sale date | 1.36 | 0.32 | 0.7481 |
| Square footage | 41.4 | 6.38 | <0.0001 |
| # acres | 191,349 | 7.44 | <0.0001 |
| # bedrooms | 4,640.82 | 1.05 | 0.2939 |
| Style height | −9,453.68 | −0.98 | 0.3283 |
| Year built | 14,618 | 0.76 | 0.4468 |
| Year built 2 | −3.62 | −0.73 | 0.465 |
| Total baths | 33,800 | 5.59 | <0.0001 |
| Tree cover | 634.77 | 0.9 | 0.37 |
| Tree cover 2 | 1.03 | 0.1 | 0.918 |
| Hyde Park | 184,551 | 14.4 | <0.0001 |
| Kennedy Heights | 402.29 | 0.03 | 0.9745 |
| Clifton | 111,461 | 8.18 | <0.0001 |
| Carthage | 1,131.09 | 0.08 | 0.936 |
| North Avondale | 10,511 | 0.76 | 0.4452 |
Note: Sale date: number of days on market prior to sale; square footage: size of living space in square feet; number of acres: lot size in acres; number of bedrooms; style height: one story or two story; year built: house age in years; baths: assigned 1 point for a whole bath and 0.5 point for a half bath; cover: estimated percentage of tree cover; and neighborhood (Hyde Park, Kennedy Heights, Clifton, Carthage, or North Avondale; coded 1 = yes, 0 = no).