Research Article

Is the Real Estate Market of New Housing Stock Influenced by Urban Vibrancy?

Table 1

Summary statistics of the housing prices and neighbourhood service variables (source: author’s elaboration on TREMO data).

DimensionsDefinitionMinMeanMaxSt. devMedian

NLPListing price of new housing stock133033671046212273048
CSDConstruction sites density (by SZ)04.558132.9414
NLPTYP1Newly constructed building1740.1713.0395.7817342.870
NLPTYP2Totally refurbished building1.4303.4256.6471.2603.128
A1201118393403.83964531064.7283034
A2201219833307.6496072882.47563075
A3201319843108.8856117960.96182834.5
A4201417403478.02165451222.8883242
A5201514302921.186647830.49012865
A6201615693151.64463101058.2082819
A7201718492829.6565033648.79912734
A8201815962939.6674722777.9272745
C1Economic14302408.3073483.333555.07332384.037
C2Medium1568.7692878.8675581.342662.12112766.986
C3Noble2359.9443956.4946309.8291001.143839.852
C4Prestigious2798.3854955.836646.7031261.2434718.592
BP0No box or park14303129.046309.8291004.6882838.506
BP1Box and park1756.8383261.6716646.703986.89832992.91
PC1Retail activities density (by SZ)−0.9460.457743.9408421.1545960.151633
PC2Cultural offer density (by SZ)−1.10755−0.034664.8653780.945161−0.24933
PC3Transport density (by SZ)−1.443610.0151298.0384991.088579−0.22937
PC4Public green and sport areas density (by SZ)−1.337810.0327444.2155490.861926−0.22686
PC5Healthcare density (by SZ)−3.00842−0.018354.1616310.950893−0.21812
NeSINeighbourhood services index (by SZ)−3.148440.4526047.6016692.0146460.08349