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An Estimation of the Coastal Premium for Residential Housing Prices in San Diego County

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  • Stephen Conroy
  • Jennifer Milosch

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  • Stephen Conroy & Jennifer Milosch, 2011. "An Estimation of the Coastal Premium for Residential Housing Prices in San Diego County," The Journal of Real Estate Finance and Economics, Springer, vol. 42(2), pages 211-228, February.
  • Handle: RePEc:kap:jrefec:v:42:y:2011:i:2:p:211-228
    DOI: 10.1007/s11146-009-9195-x
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    10. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
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    12. Brent L. Mahan & BStephen Polasky & Richard M. Adams, 2000. "Valuing Urban Wetlands: A Property Price Approach," Land Economics, University of Wisconsin Press, vol. 76(1), pages 100-113.
    13. John A. Kilpatrick & Ronald C. Throupe & John I. Carruthers & Andrew Krause, 2007. "The Impact of Transit Corridors on Residential Property Values," Journal of Real Estate Research, American Real Estate Society, vol. 29(3), pages 303-320.
    14. Boarnet, Marlon G & Chalermpong, Saksith, 2003. "New Highways, House Prices, and Urban Development: A Case Study of Toll Roads in Orange County, CA," University of California Transportation Center, Working Papers qt2zd554cs, University of California Transportation Center.
    15. Halvorsen, Robert & Palmquist, Raymond, 1980. "The Interpretation of Dummy Variables in Semilogarithmic Equations," American Economic Review, American Economic Association, vol. 70(3), pages 474-475, June.
    16. Tyrvainen, Liisa & Miettinen, Antti, 2000. "Property Prices and Urban Forest Amenities," Journal of Environmental Economics and Management, Elsevier, vol. 39(2), pages 205-223, March.
    17. C. John Langley, Jr., 1976. "Adverse Impacts of the Washington Beltway on Residential Property Values," Land Economics, University of Wisconsin Press, vol. 52(1), pages 54-65.
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    Cited by:

    1. Athanasios Votsis & Adriaan Perrels, 2016. "Housing Prices and the Public Disclosure of Flood Risk: A Difference-in-Differences Analysis in Finland," The Journal of Real Estate Finance and Economics, Springer, vol. 53(4), pages 450-471, November.
    2. Justin Tyndall, 2023. "Sea Level Rise and Home Prices: Evidence from Long Island," The Journal of Real Estate Finance and Economics, Springer, vol. 67(4), pages 579-605, November.
    3. Xu Xu & Kevin Sylwester, 2016. "Environmental Quality and International Migration," Kyklos, Wiley Blackwell, vol. 69(1), pages 157-180, February.
    4. Nori Tarui & Seth Urbanski & Quang Loc Lam & Makena Coffman & Conrad Newfield, 2023. "Sea level rise risk interactions with coastal property values: a case study of O‘ahu, Hawai‘i," Climatic Change, Springer, vol. 176(9), pages 1-21, September.
    5. Časni Anita Čeh & Filić Josipa, 2022. "Tourism housing price nexus," Croatian Review of Economic, Business and Social Statistics, Sciendo, vol. 8(2), pages 53-65, December.
    6. Carriazo, Fernando & Ready, Richard & Shortle, James, 2013. "Using stochastic frontier models to mitigate omitted variable bias in hedonic pricing models: A case study for air quality in Bogotá, Colombia," Ecological Economics, Elsevier, vol. 91(C), pages 80-88.
    7. Jay Mittal, 2017. "Valuing Visual Accessibility of Scenic Landscapes in a Single Family Housing Market: A Spatial Hedonic Approach," ERES eres2017_1, European Real Estate Society (ERES).
    8. Hugo Castro Noblejas & Pierfrancesco De Paola & Jesús Vías Martínez, 2023. "Landscape Value in the Spanish Costa del Sol’s Real Estate Market: The Case of Marbella," Land, MDPI, vol. 12(5), pages 1-16, April.
    9. Alan Tidwell & Andres Jauregui & Vivek Sah & Andrew Narwold, 2018. "Cash and Distressed House Sales Price Discounts: Dual Sample Selection Spatial Interdependence Approaches," The Journal of Real Estate Finance and Economics, Springer, vol. 56(1), pages 101-139, January.
    10. Andres Jauregui & Qin Fan & Jacquelin Curry, 2023. "House Price Capitalization of Stormwater Retention Basins: Evidence from Fresno-Clovis Metropolitan Area in California," The Journal of Real Estate Finance and Economics, Springer, vol. 67(4), pages 606-626, November.
    11. Laura A. Bakkensen & Xiaozhou Ding & Lala Ma, 2019. "Flood Risk and Salience: New Evidence from the Sunshine State," Southern Economic Journal, John Wiley & Sons, vol. 85(4), pages 1132-1158, April.
    12. Stephen J Conroy & Nicholas Toma & Gregory P Gibson, 2020. "The effect of the Las Vegas Strip on hotel prices: A hedonic approach," Tourism Economics, , vol. 26(4), pages 622-639, June.
    13. Yuheng Ling, 2022. "Estimating coastal premiums for apartment prices: Towards a new multilevel modelling approach," Environment and Planning B, , vol. 49(1), pages 188-205, January.
    14. Bianca Biagi & Maria G. Brandano & Dionysia Lambiri, 2015. "Does Tourism Affect House Prices? Evidence from Italy," Growth and Change, Wiley Blackwell, vol. 46(3), pages 501-528, September.
    15. Clark, David & Pennington-Cross, Anthony, 2016. "Determinants of industrial property rents in the Chicago metropolitan area," Regional Science and Urban Economics, Elsevier, vol. 56(C), pages 34-45.
    16. Seung Kyum Kim, 2020. "The Economic Effects of Climate Change Adaptation Measures: Evidence from Miami-Dade County and New York City," Sustainability, MDPI, vol. 12(3), pages 1-19, February.
    17. Atreya, Ajita & Czajkowski, Jeffrey, 2014. "Housing Price Response to the Interaction of Positive Coastal Amenities and Negative Flood Risks," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 180098, Agricultural and Applied Economics Association.
    18. Jay Mittal & Sweta Byahut, 2019. "Scenic landscapes, visual accessibility and premium values in a single family housing market: A spatial hedonic approach," Environment and Planning B, , vol. 46(1), pages 66-83, January.
    19. Hyunki Hong & Hoyong Jung & Duol Kim, 2024. "The Value of an Apartment with Sunlight and a View: A Quasi-Experimental Analysis," Korean Economic Review, Korean Economic Association, vol. 40, pages 177-194.
    20. Baulcomb, Corinne & Böhnke-Henrichs, Anne, 2014. "A Review of the Marine Economic Valuation Literature 1975 – 2011: Classifying Existing Studies by Service Type, Value Type, and Valuation Methodology," Working Papers 190935, Scotland's Rural College (formerly Scottish Agricultural College), Land Economy & Environment Research Group.

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    More about this item

    Keywords

    Coastal premium; Hedonic model; San Diego; Housing prices; California housing; R21; Q31;
    All these keywords.

    JEL classification:

    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply; Prices

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