Table 2

Descriptive Statistics by Region

NortheastMidwestSouthWest
Full Sample
Sale price (2020 $)450,060344,023356,748642,456
(426,614)(250,921)(282,424)(377,061)
Secchi depth (m)2.491.671.492.93
(1.61)(1.22)(0.87)(1.85)
Lake distance (m)1,0169241,0161,325
(734)(687)(708)(695)
Lake distance < 150 m (1/0)0.130.140.110.04
(0.34)(0.34)(0.32)(0.19)
Lake distance 150–300 m (1/0)0.090.100.090.05
(0.29)(0.30)(0.28)(0.21)
Lake area (ha)8,9449675,3342,451
(28,427)(5,083)(17,441)(7,227)
Urbanized area (1/0)0.600.670.670.76
(0.49)(0.47)(0.47)(0.43)
Median income (2016 $)83,76978,56566,22882,623
(35,013)(32,392)(30,839)(37,863)
Slope (degrees)3.892.693.413.93
(3.27)(2.22)(3.41)(3.88)
Elevation (m)148.95291.20136.82885.74
(130.50)(59.09)(142.42)(791.58)
N396,9881,241,1941,388,818344,394
Lakes1,1124,012830308
States9121610
Ecoregions51078
Samples Restricted by Property Attribute Availability
Lot size (sq. ft.)43,19030,91631,00817,659
(78,291)(64,055)(55,912)(40,489)
n = 380,289n = 1,057,113n = 1,291,411n = 323,733
Building age (years)48.6043.1927.2332.70
(29.12)(30.09)(21.85)(27.29)
n = 318,287n = 870,459n = 1,069,065n = 286,611
Building size (sq. ft.)1,9241,8202,0571,969
(871)(972)(1,024)(846)
n = 345,396n = 860,124n = 684,586n = 271,974
Bathrooms2.072.392.712.24
(0.92)(1.33)(1.30)(0.84)
n = 258,968n = 725,467n = 473,398n = 170,154
Bedrooms3.203.593.613.27
(0.98)(1.46)(1.36)(0.97)
n = 258,968n = 725,467n = 473,398n = 170,154

Note: The means are reported with standard deviations in parentheses.