Rozkład jednostkowych cen nieruchomości gruntowych
Distribution of unit prices of undeveloped land
Author(s): Agnieszka BitnerSubject(s): Economy, Geography, Regional studies
Published by: Wydawnictwo Uniwersytetu Warmińsko-Mazurskiego w Olsztynie
Keywords: real estate valuation;log-normal distribution;unit price distribution;wealth distribution;land real estate;financial market;
Summary/Abstract: In this paper we determined the distribution function of unit land prices of undeveloped land. The analysis was based on 1752 sale transactions in Kraków. We found that the data follows the log-normal distribution with very high significance level. The result obtained suggests that the distribution function of the unit land prices is the same as that of small and middle ranges of society wealth.
Journal: Acta Scientiarum Polonorum Administratio Locorum
- Issue Year: 8/2009
- Issue No: 4
- Page Range: 41-50
- Page Count: 10
- Language: Polish
