"Predictive Modeling for Real Estate Days on Market" by Jeffrey Brann

Date of Award

5-2021

Degree Type

Creative Project

Degree Name

Master of Science (MS)

Department

Economics and Finance

Committee Chair(s)

Tyler Brough (Committee Chair)

Committee

Tyler Brough

Committee

Pedram Jahangiry

Committee

Matthew Jaremski

Abstract

Many forms of property valuation exist but estimation models for duration on market are not as common. This Paper examines a variety of variables as well those that would be found in a hedonistic valuation model and applies them to a predictive model estimating a property’s duration on market. A brief real estate market analysis is also provided regarding Cache County, Utah to give better clarity as to the environment in which this predictive model is performing.

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