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. 2023 Jun 14:1–20. Online ahead of print. doi: 10.1007/s10901-023-10047-9

Table 3.

Correlations between sales prices of individual second homes 1992–2020 and characteristics of the property

Correlation with sales price Correlation with square meter price
The size of the house (square meters) 0.265** − 0.093**
The size of the land site (square meters) 0.069** 0.028**
Building year of the house 0.000 − 0.099**
Year of latest rebuilding − 0.006** − 0.026**
Elevation above sea level, meters 0.028** 0.023**
Distance to the coast − 0.054** − 0.060**

** Significant at 0.05 level