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Determinanten von Wohnimmobilienpreisen: Das Beispiel der Stadt Münster

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  • Martin Bohl
  • Winfried Michels
  • Jens Oelgemöller

Abstract

In the present article determinants of residential real estate prices are empirically estimated. The study is based on actually recorded, anonymous transactions data collected for the city of Muenster from 1999 to 2009. The observations include single-family houses, semi-detached houses, end-terrace houses, terrace houses and condominiums. The regressions do have high explanatory power and the estimated parameters are economically plausible. As expected, besides location criteria (quality of residential area, centrality) aspects of size (living space, plot size) and age are important determining factors to explain house-prices. Copyright Springer-Verlag 2012

Suggested Citation

  • Martin Bohl & Winfried Michels & Jens Oelgemöller, 2012. "Determinanten von Wohnimmobilienpreisen: Das Beispiel der Stadt Münster," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 32(2), pages 193-208, September.
    • Handle: RePEc:spr:jahrfr:v:32:y:2012:i:2:p:193-208
    DOI: 10.1007/s10037-012-0068-z
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    References listed on IDEAS

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    2. Raul-Tomas Mora-Garcia & Maria-Francisca Cespedes-Lopez & V. Raul Perez-Sanchez & Pablo Marti & Juan-Carlos Perez-Sanchez, 2019. "Determinants of the Price of Housing in the Province of Alicante (Spain): Analysis Using Quantile Regression," Sustainability, MDPI, vol. 11(2), pages 1-33, January.
    3. Benjamin Wirth & Andreas Mense, 2014. "Flat Prices, Cell Phone Base Stations, and Network Structure," ERSA conference papers ersa14p1552, European Regional Science Association.
    4. Baumann, Kilian, 2022. "Der Einfluss von Anbieterstrukturen auf Mietwohnungspreise: Theoretische Überlegungen und empirischer Ansatz," Arbeitspapiere 193, University of Münster, Institute for Cooperatives.

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