Table 2

Summary Statistics: Categorical Variables

VariableMeanNVariableMeanN
Semidetached house0.1795,141Building projected (no)0.82923,781
One-family house0.51214,697Building projected (yes)0.1714,915
Unspecified 1- or 2-family house0.0591,679Border Hesse0.1755,023
Row house0.1283,670Border Rhineland-Palatinate0.329,189
Two-family house0.1223,509Border Bavaria0.50514,484
Garden (no)0.36610,496Outside Baden-Wuerttemberg0.44212,697
Garden (yes)0.63418,200Baden-Wuerttemberg0.55815,999
Good equipment0.40911,743Built after 20080.257,161
High-quality equipment0.2898,283Built before 20090.7521,535
Normal equipment0.3028,670No refurbishment after 20080.9326,688
Good building condition0.49214,127Refurbishment after 20080.072,008
Normal building condition0.50814,569

Note: This shows the summary statistics for the numeric variables in our data set for 2012–2014. We excluded dwellings built prior to 1901, listed homes, homes with missing information on main characteristics, and homes posted online for more than 12 months. We also dropped houses with renewable heating systems built before 2009, those that are connected to district heating, outlier values on living space and number of rooms, and the lower and upper 0.5% of the price offers.