Table A3.
Summary statistics.
| No. of Obs. | Mean | Standard Deviation | |
|---|---|---|---|
| Outcome variables | |||
| Percentage change in new listingsa | 34,700 | -0.010 | 0.205 |
| Percentage change in newly pending salesb | 3333 | 0.109 | 0.366 |
| Percentage change in total inventoryc | 4719 | -0.228 | 0.144 |
| Percentage change in web traffic to for-sale homesd | 27,700 | 0.243 | 0.205 |
| Percentage change in median list pricec | 4750 | 0.069 | 0.061 |
| Average number of days to pending sale statusc | 4624 | 18.19 | 13.87 |
| Controls for spread of the COVID-19 | |||
| Total number of cases (per 10,000 people) | 34,700 | 119.12 | 137.99 |
| Total number of deaths (per 10,000 people) | 34,700 | 3.32 | 4.12 |
| State level policies to combat COVID-19 | |||
| Bans on mass gatherings | 34,700 | 0.583 | 0.493 |
| Any business closures | 34,700 | 0.647 | 0.478 |
| School closures | 34,700 | 0.752 | 0.432 |
| Closure of non-essential business | 34,700 | 0.131 | 0.337 |
| Stay-at-home orders | 34,700 | 0.200 | 0.400 |
Notes: Percentage changes in outcome variables are relative to the same time period in the previous year. Summary statistics for outcome variables: Data available for (a) Daily from January 1 to December 12, 2020 for 100 markets. (b) Weekly from January 4 to December 12, 2020 for 70 markets. (c) Weekly from January 4 to December 12, 2020 for 94 markets. (d) Daily from March 1 to December 2, 2020 for 100 markets.