Table 6.
Descriptive statistics about the local markets
Variable | Percentile | Mean | ||||
---|---|---|---|---|---|---|
5 | 25 | 50 | 75 | 95 | ||
Population | 270.2 | 1604.5 | 4473.0 | 10592.2 | 27589.3 | 8049.8 |
Households | 108.6 | 681.8 | 1874.5 | 4582.2 | 12226.4 | 3528.5 |
Housing units | 152.6 | 896.5 | 2388.0 | 5527.2 | 13750.6 | 4166.2 |
Share of owner-occupied | 47.2 | 63.1 | 70.2 | 75.8 | 82.5 | 68.3 |
Average house value | 765.6 | 1170.0 | 1532.5 | 2121.7 | 3339.0 | 1757.1 |
Average asking price | 878.4 | 1290.1 | 1784.4 | 2453.8 | 4025.1 | 2013.5 |