Summary Statistics for Residential Property Sales in Orange County, Florida: Lakefront and Nonlakefront Homes (1996-2004)
| Lakefront (N= 1,496) | Nonlakefront (N = 53,216) | ||||
| Variable | Units | Mean | Std. Dev. | Mean | Std. Dev. |
| Property Characteristics | |||||
| Sales price | 2002 dollars | 452,646 | 370,668 | 199,982 | 201,111 |
| Heated area | square feet | 2,770 | 1,296 | 1,962 | 950 |
| Area of parcel | square feet | 30,002 | 30,488 | 11,581 | 11,737 |
| Number of bedrooms | — | 3.6 | 1.0 | 3.3 | 0.8 |
| Number of bathrooms | — | 2.8 | 1.1 | 2.2 | 0.9 |
| Home age | years | 24.1 | 13.5 | 18.6 | 15.1 |
| % with pool | — | 20.1 | — | 20.7 | — |
| Spatial Characteristics | |||||
| Distance to nearest lake | meters | 42.4 | 23.7 | 467.1 | 267.7 |
| Area of nearest lake | acres | 519.3 | 635.2 | 278.1 | 445.2 |
| Distance to central business district | meters | 8,824 | 5,124 | 9,266 | 5,150 |
| Latitude coordinate | degrees | 654,757 | 7,415 | 653,224 | 7,941 |
| Longitude coordinate | degrees | 505,616 | 5,124 | 505,665 | 6,272 |
| Census Block Characteristics | |||||
| % of population white | — | 88.6 | — | 77.9 | — |
| % of population black | — | 4.9 | — | 12.5 | — |
| % of population > 65 | — | 15.2 | — | 11.1 | — |
| Median household income | 2002 dollars | 67,355 | 30,343 | 58,876 | 24,863 |
| Distribution of Sales by Year | |||||
| % of sales in 1996 | — | 10.4 | — | 9.2 | — |
| % of sales in 1997 | — | 11.1 | — | 10.9 | — |
| % of sales in 1998 | — | 12.9 | — | 12.1 | — |
| % of sales in 1999 | — | 14.0 | — | 13.4 | — |
| % of sales in 2000 | — | 11.0 | — | 11.4 | — |
| % of sales in 2001 | — | 8.9 | — | 9.9 | — |
| % of sales in 2002 | — | 11.3 | — | 9.9 | — |
| % of sales in 2003 | — | 11.0 | — | 11.0 | — |
| % of sales in 2004 | — | 9.4 | — | 12.2 | — |