Analysis of Factors of the Second-Hand Housing Prices in the City and Vicinity of Ljubljana

Sonja Friskovec and Aleksandre Janes
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Sonja Friskovec: Postgraduate Student on University of Ljubljana, Slovenia
Aleksandre Janes: University of Primorska, Slovenia

Management, 2010, vol. 5, issue 3, 225-242

Abstract: The article discusses factors of the second-hand housing advertised prices in the city and surroundings of Ljubljana. In the theoretical part of the article are presented previous researches into the real estate prices factors, which serve as the basis of the present empirical research. In order to explain the variability of advertised prices of second-hand housing and differences in factors in the city and vicinity of Ljubljana we formed two separate linear regression models. The article also represents a contribution to understanding the determinants of the creation of advertised prices. The survey results indicate that the advertised price of the second-hand housing in the city of Ljubljana is affected by the size of the housing, floor height, number of bathrooms and mansard presence. In the vicinity of Ljubljana, the advertised price of second-hand housing is affected by the size of the housing, the presence of a garage and basement storage, age of housing and vacancy.

Keywords: real estate market; real estate prices factors; advertised price; used apartment; regression model (search for similar items in EconPapers)
Date: 2010
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http://www.fm-kp.si/zalozba/ISSN/1854-4231/5_297-299.pdf abstract in English (application/pdf)

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