MARKET STUDY All analysis covers resale homes only. New construction appears once, in its own section. Click any dot on the map for that sale.
Resale sales, 365 days
25
single-family resale homes
Median net sale price
$372,000
average $378,814
Median net price per SF
$162
average $161
Median days on market
70 days
average 83 days
1. SummaryResale homes · 25 sales · October 26, 2025 – October 25, 2026
This study looks at the 25 resale homes sold in Villages Of Hidden Lake in the 365 days to October 25, 2026. A full year is used because only 11 resale homes sold in the last 180 days. New construction is left out and shown on its own in section 7. The homes are compared four ways: by price, by living area, by year built and with or without a view. The first three are split into four equal groups (quartiles), each named by its range.
Each comparison has its own section (3–6) with everything about it in one place: the key differences, a table of every measure at a glance, the charts and the numbers.
2. Where the resale homes sold25 resale homes · colored by price range
Each dot is one resale home, colored by its price range. Use the buttons to show one price range at a time. Click a dot for that sale: address, close date, original and last list price, net sale price, living area, net sale per SF and days on market. Scroll or pinch to zoom.
3. Quartiles by net sale priceResale homes · 25 sales · October 26, 2025 – October 25, 2026
Sales ranked by net sale price and cut into four equal groups. This is the usual way to read a market by price.
Bottom line: no measure differs enough between the groups to rule out chance.
3.1 Key differences
The top group against the bottom group: no measure differs enough to rule out chance.
3.2 At a glance
Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.
Under $340K
$340K–$367K
$372K–$405K
Over $405K
Real difference?
Net price per SF
$146 per SF
$144 per SF
$181 per SF
$169 per SF
unclear
Living area
2,047 SF
2,561 SF
2,226 SF
2,856 SF
unclear
Year built
2006
2007
2008
2014
unclear
Days on market
42 days
106 days
14 days
123 days
unclear
Discount from original list
9.4%
9.0%
4.8%
3.8%
unclear
Price cut before sale
67%
67%
29%
50%
unclear
Seller paid closing costs or repairs
83%
100%
43%
67%
unclear
Has a view
0%
33%
14%
33%
unclear
How to read this section. Each heading gives the finding. The gold box says whether the gap is real (✓, with its size) or could be chance (–). The section ends with its numbers; the tests are in section 8.3.
3.3 Net price per SF: no clear difference
The average is $169 per SF for homes over $405K and $146 per SF for homes under $340K. It does not move in a straight line; homes $372K–$405K are highest. Defined in 8.1.2.
– No clear difference · could be chance
3.4 Living area: no clear difference
The average is 2,856 SF for homes over $405K and 2,047 SF for homes under $340K. It does not move in a straight line; homes over $405K are highest. Defined in 8.1.3.
– No clear difference · could be chance
3.5 Year built: no clear difference
The median is 2014 for homes over $405K and 2006 for homes under $340K. It rises step by step from the lowest range to the highest. Defined in 8.1.4.
– No clear difference · could be chance
3.6 Days on market: no clear difference
The median is 123 days for homes over $405K and 42 days for homes under $340K. It does not move in a straight line; homes over $405K are highest. Defined in 8.1.5.
– No clear difference · could be chance
3.7 Discount from original list: no clear difference
The average is 3.8% for homes over $405K and 9.4% for homes under $340K. It falls step by step from the lowest range to the highest. Defined in 8.1.6.
– No clear difference · could be chance
3.8 How often: price cut before sale, seller paid closing costs or repairs, has a view
Each bar is the share of homes in the group, in percent.
50% of homes over $405K had a price cut before sale, against 67% of homes under $340K. Defined in 8.1.7.
67% of homes over $405K had the seller pay closing costs or repairs, against 83% of homes under $340K. Defined in 8.1.8.
33% of homes over $405K have a view, against 0% of homes under $340K. Defined in 8.1.9.
Price cut before sale: – No clear difference · could be chance
Seller paid closing costs or repairs: – No clear difference · could be chance
Has a view: – No clear difference · could be chance
3.9 The numbers: price and size
Under $340K6 sales
$340K–$367K6 sales
$372K–$405K7 sales
Over $405K6 sales
All25 sales
Real difference?
Net sale price average
$290,162
$355,068
$387,264
$481,353
$378,814
by design
Net price per SF average
$146
$144
$181
$169
$161
unclear
Living area average
2,047
2,561
2,226
2,856
2,415
unclear
Year built median
2006
2007
2008
2014
2008
unclear
3.10 The numbers: selling
Under $340K6 sales
$340K–$367K6 sales
$372K–$405K7 sales
Over $405K6 sales
All25 sales
Real difference?
Days on market median
42
106
14
123
70
unclear
Discount from original list average
9.4%
9.0%
4.8%
3.8%
6.7%
unclear
Price cut before sale
67%
67%
29%
50%
52%
unclear
Seller paid closing costs or repairs
83%
100%
43%
67%
72%
unclear
Has a view
0%
33%
14%
33%
20%
unclear
Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.1.
4. Quartiles by living areaResale homes · 25 sales · October 26, 2025 – October 25, 2026
Sales ranked by living area and cut into four equal groups, from the smallest homes to the largest.
Bottom line: no measure differs enough between the groups to rule out chance.
4.1 Key differences
The top group against the bottom group: no measure differs enough to rule out chance.
4.2 At a glance
Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.
Under 1,984 SF
1,984–2,283 SF
2,420–2,892 SF
Over 2,892 SF
Real difference?
Net sale price
$322K
$351K
$434K
$399K
unclear
Net price per SF
$186 per SF
$164 per SF
$161 per SF
$132 per SF
unclear
Year built
2006
2010
2013
2007
unclear
Days on market
74 days
20 days
131 days
85 days
unclear
Discount from original list
10.6%
3.3%
6.5%
6.4%
unclear
Price cut before sale
67%
33%
57%
50%
unclear
Seller paid closing costs or repairs
50%
83%
71%
83%
unclear
Has a view
17%
0%
14%
50%
unclear
4.3 Net sale price: no clear difference
The average is $399K for homes over 2,892 SF and $322K for homes under 1,984 SF. It does not move in a straight line; homes 2,420–2,892 SF are highest. Defined in 8.1.1.
– No clear difference · could be chance
4.4 Net price per SF: no clear difference
The average is $132 per SF for homes over 2,892 SF and $186 per SF for homes under 1,984 SF. It falls step by step from the lowest range to the highest. Defined in 8.1.2.
– No clear difference · could be chance
4.5 Year built: no clear difference
The median is 2007 for homes over 2,892 SF and 2006 for homes under 1,984 SF. It does not move in a straight line; homes 2,420–2,892 SF are highest. Defined in 8.1.4.
– No clear difference · could be chance
4.6 Days on market: no clear difference
The median is 85 days for homes over 2,892 SF and 74 days for homes under 1,984 SF. It does not move in a straight line; homes 2,420–2,892 SF are highest. Defined in 8.1.5.
– No clear difference · could be chance
4.7 Discount from original list: no clear difference
The average is 6.4% for homes over 2,892 SF and 10.6% for homes under 1,984 SF. It does not move in a straight line; homes under 1,984 SF are highest. Defined in 8.1.6.
– No clear difference · could be chance
4.8 How often: price cut before sale, seller paid closing costs or repairs, has a view
Each bar is the share of homes in the group, in percent.
50% of homes over 2,892 SF had a price cut before sale, against 67% of homes under 1,984 SF. Defined in 8.1.7.
83% of homes over 2,892 SF had the seller pay closing costs or repairs, against 50% of homes under 1,984 SF. Defined in 8.1.8.
50% of homes over 2,892 SF have a view, against 17% of homes under 1,984 SF. Defined in 8.1.9.
Price cut before sale: – No clear difference · could be chance
Seller paid closing costs or repairs: – No clear difference · could be chance
Has a view: – No clear difference · could be chance
4.9 The numbers: price and size
Under 1,984 SF6 sales
1,984–2,283 SF6 sales
2,420–2,892 SF7 sales
Over 2,892 SF6 sales
All25 sales
Real difference?
Net sale price average
$322,000
$351,079
$434,238
$398,702
$378,814
unclear
Net price per SF average
$186
$164
$161
$132
$161
unclear
Living area average
1,752
2,144
2,698
3,018
2,415
by design
Year built median
2006
2010
2013
2007
2008
unclear
4.10 The numbers: selling
Under 1,984 SF6 sales
1,984–2,283 SF6 sales
2,420–2,892 SF7 sales
Over 2,892 SF6 sales
All25 sales
Real difference?
Days on market median
74
20
131
85
70
unclear
Discount from original list average
10.6%
3.3%
6.5%
6.4%
6.7%
unclear
Price cut before sale
67%
33%
57%
50%
52%
unclear
Seller paid closing costs or repairs
50%
83%
71%
83%
72%
unclear
Has a view
17%
0%
14%
50%
20%
unclear
Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.2.
5. Quartiles by year builtResale homes · 25 sales · October 26, 2025 – October 25, 2026
Sales ranked by year built and cut into four groups, from the oldest to the newest. Homes built in the same year always stay in the same group, so group sizes can differ a little.
Bottom line: no measure differs enough between the groups to rule out chance.
5.1 Key differences
The top group against the bottom group: no measure differs enough to rule out chance.
5.2 At a glance
Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.
Before 2007
2007
2008–2012
After 2012
Real difference?
Net sale price
$337K
$352K
$371K
$456K
unclear
Net price per SF
$147 per SF
$165 per SF
$155 per SF
$177 per SF
unclear
Living area
2,339 SF
2,268 SF
2,466 SF
2,578 SF
unclear
Days on market
126 days
28 days
43 days
123 days
unclear
Discount from original list
11.1%
6.1%
6.0%
3.7%
unclear
Price cut before sale
67%
50%
57%
33%
unclear
Seller paid closing costs or repairs
67%
67%
86%
67%
unclear
Has a view
17%
50%
0%
17%
unclear
5.3 Net sale price: no clear difference
The average is $456K for homes built after 2012 and $337K for homes built before 2007. It rises step by step from the lowest range to the highest. Defined in 8.1.1.
– No clear difference · could be chance
5.4 Net price per SF: no clear difference
The average is $177 per SF for homes built after 2012 and $147 per SF for homes built before 2007. It does not move in a straight line; homes built after 2012 are highest. Defined in 8.1.2.
– No clear difference · could be chance
5.5 Living area: no clear difference
The average is 2,578 SF for homes built after 2012 and 2,339 SF for homes built before 2007. It does not move in a straight line; homes built after 2012 are highest. Defined in 8.1.3.
– No clear difference · could be chance
5.6 Days on market: no clear difference
The median is 123 days for homes built after 2012 and 126 days for homes built before 2007. It does not move in a straight line; homes built before 2007 are highest. Defined in 8.1.5.
– No clear difference · could be chance
5.7 Discount from original list: no clear difference
The average is 3.7% for homes built after 2012 and 11.1% for homes built before 2007. It falls step by step from the lowest range to the highest. Defined in 8.1.6.
– No clear difference · could be chance
5.8 How often: price cut before sale, seller paid closing costs or repairs, has a view
Each bar is the share of homes in the group, in percent.
33% of homes built after 2012 had a price cut before sale, against 67% of homes built before 2007. Defined in 8.1.7.
67% of homes built after 2012 had the seller pay closing costs or repairs, against 67% of homes built before 2007. Defined in 8.1.8.
17% of homes built after 2012 have a view, against 17% of homes built before 2007. Defined in 8.1.9.
Price cut before sale: – No clear difference · could be chance
Seller paid closing costs or repairs: – No clear difference · could be chance
Has a view: – No clear difference · could be chance
5.9 The numbers: price and size
Before 20076 sales
20076 sales
2008–20127 sales
After 20126 sales
All25 sales
Real difference?
Net sale price average
$336,850
$352,097
$371,464
$456,069
$378,814
unclear
Net price per SF average
$147
$165
$155
$177
$161
unclear
Living area average
2,339
2,268
2,466
2,578
2,415
unclear
Year built median
2006
2007
2009
2015
2008
by design
5.10 The numbers: selling
Before 20076 sales
20076 sales
2008–20127 sales
After 20126 sales
All25 sales
Real difference?
Days on market median
126
28
43
123
70
unclear
Discount from original list average
11.1%
6.1%
6.0%
3.7%
6.7%
unclear
Price cut before sale
67%
50%
57%
33%
52%
unclear
Seller paid closing costs or repairs
67%
67%
86%
67%
72%
unclear
Has a view
17%
50%
0%
17%
20%
unclear
Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.3.
6. View and no viewResale homes · 25 sales · October 26, 2025 – October 25, 2026
Sales where the MLS lists a view (greenbelt or park, trees, golf course, hill country, water and similar) against those listing none or only the neighborhood.
Bottom line: no measure differs enough between the groups to rule out chance.
6.1 Key differences
The top group against the bottom group: no measure differs enough to rule out chance.
6.2 At a glance
Shaded rows are real differences; the darkest cell is the highest. Gray rows show no clear difference. Prices are averages; days on market and year built are medians.
View
No view
Real difference?
Net sale price
$415K
$370K
unclear
Net price per SF
$164 per SF
$160 per SF
unclear
Living area
2,683 SF
2,348 SF
unclear
Year built
2007
2008
unclear
Days on market
79 days
64 days
unclear
Discount from original list
5.1%
7.1%
unclear
Price cut before sale
40%
55%
unclear
Seller paid closing costs or repairs
60%
75%
unclear
6.3 Net sale price: no clear difference
The average is $415K for homes with a view and $370K for homes without a view. Defined in 8.1.1.
– No clear difference · could be chance
6.4 Net price per SF: no clear difference
The average is $164 per SF for homes with a view and $160 per SF for homes without a view. Defined in 8.1.2.
– No clear difference · could be chance
6.5 Living area: no clear difference
The average is 2,683 SF for homes with a view and 2,348 SF for homes without a view. Defined in 8.1.3.
– No clear difference · could be chance
6.6 Year built: no clear difference
The median is 2007 for homes with a view and 2008 for homes without a view. Defined in 8.1.4.
– No clear difference · could be chance
6.7 Days on market: no clear difference
The median is 79 days for homes with a view and 64 days for homes without a view. Defined in 8.1.5.
– No clear difference · could be chance
6.8 Discount from original list: no clear difference
The average is 5.1% for homes with a view and 7.1% for homes without a view. Defined in 8.1.6.
– No clear difference · could be chance
6.9 How often: price cut before sale, seller paid closing costs or repairs
Each bar is the share of homes in the group, in percent.
40% of homes with a view had a price cut before sale, against 55% of homes without a view. Defined in 8.1.7.
60% of homes with a view had the seller pay closing costs or repairs, against 75% of homes without a view. Defined in 8.1.8.
Price cut before sale: – No clear difference · could be chance
Seller paid closing costs or repairs: – No clear difference · could be chance
6.10 The numbers: price and size
View5 sales
No view20 sales
All25 sales
Real difference?
Net sale price average
$414,951
$369,780
$378,814
unclear
Net price per SF average
$164
$160
$161
unclear
Living area average
2,683
2,348
2,415
unclear
Year built median
2007
2008
2008
unclear
6.11 The numbers: selling
View5 sales
No view20 sales
All25 sales
Real difference?
Days on market median
79
64
70
unclear
Discount from original list average
5.1%
7.1%
6.7%
unclear
Price cut before sale
40%
55%
52%
unclear
Seller paid closing costs or repairs
60%
75%
72%
unclear
Prices, price per SF, living area and discount are averages; days on market and year built are medians. The test behind each verdict is in 8.3.4.
7. New constructionBasic statistics · 0 sales · October 26, 2025 – October 25, 2026
Homes sold new by the builder in the same 365 days. They are left out of every other section and shown here as basic figures only: 0 sales, no groups, no tests.
Note: these are only the new-construction sales reported in ABOR MLS. Builders often sell homes without listing them in the MLS, so these figures do not necessarily represent all new-construction sales in Villages Of Hidden Lake.
No new-construction sales were reported in ABOR MLS in this window.
Same definitions as the rest of the study (section 8). New construction = NewConstructionYN true, or PropertyCondition “New Construction” or “Under Construction”.
8. AppendixMeasures, methods and tests
Each measure and method three ways: in plain words, as statistics, and with the data from this study.
8.1 Measures
8.1.1 Net sale price
In simple terms
What the seller actually kept: the closing price, less money the seller gave back to the buyer for closing costs or repairs. It is the truest price for comparing homes.
Statistically
Net = ClosePrice − ACTRIS_BuyersClsgCostPdbySell − ACTRIS_RepairsAmount (a blank counts as $0). Summarized by the arithmetic mean in the slices.
The data
25 resale sales. Average $378,814; median $372,000; standard deviation $71,946; middle half (25th–75th percentile) $339,500–$405,000; lowest $251,625, highest $506,198. 18 sales had a seller payment; their median payment was $6,591.
8.1.2 Net price per SF
In simple terms
Net sale price divided by the heated and cooled square feet. It puts homes of different sizes on the same footing: did buyers pay more for each square foot, not just for more square feet?
Statistically
psf = Net ÷ LivingArea, per sale; summarized by the mean of the per-sale ratios.
The data
25 resale sales. Average $161; median $162; standard deviation $33; middle half (25th–75th percentile) $138–$179; lowest $116, highest $249.
8.1.3 Living area
In simple terms
The heated and cooled space, as listed in the MLS. Garages and porches are not counted.
Statistically
RESO LivingArea, in square feet. Sales under 400 SF are treated as entry errors and left out.
The data
25 resale sales. Average 2,415; median 2,420; standard deviation 515; middle half (25th–75th percentile) 1,984–2,892; lowest 1,491, highest 3,156.
8.1.4 Year built
In simple terms
The year the home was finished, as listed in the MLS. It shows whether a group leans to older or newer phases of the community.
Statistically
RESO YearBuilt; summarized by the median, with the 25th–75th percentile (middle half) on the charts.
The data
25 resale sales. Average 2009; median 2008; standard deviation 4; middle half (25th–75th percentile) 2007–2012; lowest 2004, highest 2017.
8.1.5 Days on market
In simple terms
How many days the home was on the market before the buyer's offer was accepted, counting any earlier listing periods (relists). This is the days on market agents and clients quote.
Statistically
CDOM = max(CumulativeDaysOnMarket, DaysOnMarket, PurchaseContractDate − ListingContractDate). The MLS counter can freeze at a price change, so the contract-date gap is a floor. Summarized by the median, because a few homes that sat for months pull an average up.
The data
25 resale sales. Average 83; median 70; standard deviation 66; middle half (25th–75th percentile) 24–142; lowest 5, highest 234. 0 sales went under contract on their listing date (0 days).
8.1.6 Discount from original list
In simple terms
How far below the first asking price the home sold, after seller payments. It measures how much negotiating room sellers gave up. A negative figure means the home sold above its first asking price.
Statistically
Discount % = (OriginalListPrice − Net) ÷ OriginalListPrice × 100, per sale; summarized by the mean.
The data
25 resale sales. Average 6.7%; median 6.0%; standard deviation 5.7%; middle half (25th–75th percentile) 3.1%–10.3%; lowest −1.4%, highest 23.4%. 2 sales closed above their first asking price.
8.1.7 Price cut before sale
In simple terms
The asking price was lowered at least once before the home went under contract.
Statistically
Indicator: ListPrice at close < OriginalListPrice. Reported as the share of sales (%).
The data
13 of 25 resale sales (52.0%).
8.1.8 Seller paid closing costs or repairs
In simple terms
The seller paid some of the buyer's closing costs or repairs.
Statistically
Indicator: ACTRIS_BuyersClsgCostPdbySell + ACTRIS_RepairsAmount > 0. Reported as the share of sales (%).
The data
18 of 25 resale sales (72.0%).
8.1.9 Has a view
In simple terms
The MLS says the home looks over something: a greenbelt or park, trees, golf course, hill country, water and similar.
Statistically
View = the View field holds any entry other than “None”, “Neighborhood” or “See Remarks”. No view = only “None” and/or “Neighborhood”. A record whose only entry is “See Remarks” cannot be classified and is left out of the view slice.
The data
5 sales with a view, 20 without, 0 unclassified. Most common View entries: None 11, Neighborhood 9, Park/Greenbelt 4, Lake 2, Panoramic 1, Pond 1, Pool 1.
8.2 Methods
8.2.1 Data source
In simple terms
Every figure comes from the Austin Board of REALTORS® MLS, read live by ALEX. No figure is estimated or typed in.
Statistically
Bridge Interactive RESO Web API (OData), ABOR dataset, every field returned. Filter: StandardStatus = Closed, PropertyType = Residential, City = Pflugerville, SubdivisionName contains any of “villages of hidden lake” (case-insensitive). A record is kept when its subdivision name belongs to the Villages Of Hidden Lake family, the same rule comparable sales use.
The data
Pulled October 26, 2026: 25 closed Villages Of Hidden Lake records over the prior year, in ZIP 78660. 13 subdivision spellings kept, the most common: Villages Of Hidden Lake Ph 3B (8); Villages Of Hidden Lake Ph 4C (2); Villages Of Hidden Lake Ph 5A (2); Villages Of Hidden Lake Ph 5B (2); Villages Of Hidden Lake Ph 4A (2); Villages Of Hidden Lake Ph 6A (2); Villages Of Hidden Lake Ph 4b (1); Villages Of Hidden Lake Ph 6B (1); The Villages Of Hidden Lake (1); Villages Of Hidden Lake Ph 4B (1); Villages Of Hidden Lake (1); Villages of Hidden Lake (1); and 1 more (1 records). Names found by the search but not part of Villages Of Hidden Lake, left out: Lakeside at Villages of Hidden Lake (1).
8.2.2 Study window
In simple terms
The most recent 365 days of closed sales: recent enough to describe today's market, long enough to give each group plenty of sales. The usual window is 180 days; it holds only 11 resale sales here (under 80), so the full year is used.
Statistically
CloseDate from October 26, 2025 to October 25, 2026 inclusive.
The data
25 single-family sales in the window: 25 resale, 0 new construction.
8.2.3 Resale and new construction
In simple terms
A resale home was previously owned. New construction is sold by the builder and behaves differently, so it is kept out of every analysis and reported once on its own.
Statistically
New construction = NewConstructionYN true, or PropertyCondition contains “New Construction” or “Under Construction”. Everything else is resale.
The data
25 resale; 0 new construction.
8.2.4 Sales left out
In simple terms
A few records cannot be used as entered and are left out before any analysis.
Statistically
Excluded: PropertySubType other than Single Family Residence; no OriginalListPrice; LivingArea under 400 SF; seller payments above 10% of ClosePrice (treated as entry errors).
The data
None in this window.
8.2.5 Quartiles and groups
In simple terms
Sales lined up from lowest to highest and cut into four groups of about equal size. Each group is named by its range, for example “Under $340K”.
Statistically
Sort by the slicing variable; cut k sits at round(nk/4), k = 1…3. A cut that would split tied values moves to the nearer edge of the tie. A group under 3 sales merges into its smaller neighbor. Range names use the next group's lowest value (“Under”) and the previous group's highest value (“Over”/“After”).
The data
Quartiles by net sale price: Under $340K: $251,625–$339,000 (6 sales); $340K–$367K: $339,500–$366,600 (6 sales); $372K–$405K: $372,000–$405,000 (7 sales); Over $405K: $460,000–$506,198 (6 sales) Quartiles by living area: Under 1,984 SF: 1,491–1,959 SF (6 sales); 1,984–2,283 SF: 1,984–2,283 SF (6 sales); 2,420–2,892 SF: 2,420–2,892 SF (7 sales); Over 2,892 SF: 2,946–3,156 SF (6 sales) Quartiles by year built: Before 2007: 2004–2006 (6 sales); 2007: 2007–2007 (6 sales); 2008–2012: 2008–2012 (7 sales); After 2012: 2013–2017 (6 sales) View and no view: View: MLS lists a view (5 sales); No view: None or Neighborhood (20 sales)
8.2.6 Average and median
In simple terms
The average adds the values and divides by how many; one very expensive home can pull it up. The median is the middle value, with half above and half below.
Statistically
Mean x̄ = (1/n) Σ xᵢ; median = 50th percentile. Price, price per SF, living area and discount use the mean; days on market and year built use the median (skewed or whole-year values).
The data
Net sale price: average $378,814, median $372,000. Days on market: average 83, median 70: the average is pulled up by a few long listings.
8.2.7 Kruskal–Wallis test
In simple terms
Checks whether a measure really differs across the four groups of a slice. It uses each sale's rank, not its value, so a few extreme sales cannot drive the answer.
Statistically
H = [12/(n(n+1))] Σ Rⱼ²/nⱼ − 3(n+1), compared with χ² on k − 1 degrees of freedom (Kruskal & Wallis, 1952). Effect size ε² = H/(n − 1): ≥ .01 small, ≥ .06 medium, ≥ .14 large (Tomczak & Tomczak, 2014). A slice is tested only when every group has at least 5 sales; smaller groups are described, not tested.
The data
Run on every measure in sections 3–5; each result is in 8.3.
8.2.8 Mann–Whitney U test
In simple terms
The same check when there are only two groups: view against no view.
Statistically
Two-sided U test (Mann & Whitney, 1947). Effect size = rank-biserial correlation |1 − 2U/(n₁n₂)|: ≥ .10 small, ≥ .30 medium, ≥ .50 large (Kerby, 2014; Cohen, 1988).
The data
Run on every measure in section 6; results in 8.3.
8.2.9 Chi-square test
In simple terms
Checks whether a yes/no share (price cut, seller payment, view) differs between groups more than chance would.
Statistically
Pearson χ² on the 2 × k table of counts, no continuity correction (Pearson, 1900). Effect size Cramér's V = √(χ²/n): ≥ .10 small, ≥ .30 medium, ≥ .50 large (Cramér, 1946).
The data
Run on the three shares in every slice; results in 8.3.
8.2.10 Real difference (significance)
In simple terms
“Real difference” means a gap this large would be very unlikely if the groups were really alike. Because many measures are checked in each slice, the bar is set higher than usual.
Statistically
Significant when p < 0.05 ÷ m, where m is the number of measures tested in that slice (Bonferroni; Dunn, 1961). The slicing variable itself differs by design and is not tested.
The data
Quartiles by net sale price: m = 8, threshold p < 0.0063; Quartiles by living area: m = 8, threshold p < 0.0063; Quartiles by year built: m = 8, threshold p < 0.0063; View and no view: m = 8, threshold p < 0.0063
8.2.11 Size of a difference
In simple terms
A difference can be real but small. The size word (small, medium, large) says how much the groups pull apart.
Statistically
ε² for Kruskal–Wallis, rank-biserial r for Mann–Whitney, Cramér's V for chi-square, with the thresholds above; below the small threshold the size is “negligible”.
The data
0 real differences across the four slices; sizes are listed in 8.3.
8.2.12 Rounding in the text
In simple terms
Headings and sentences round figures so they read easily; the tables at the end of each section give them in full.
Statistically
Prices in headings round to the nearest $1K; price per SF and days on market to the nearest whole number; living area to the nearest 10 SF; shares and percentage gaps to whole percents.
The data
Days on market is always shown in days.
8.3 Test results
Every test behind every gold box. Statistic, degrees of freedom (df), p-value, the threshold it must beat, and the size of the difference.
8.3.1 Quartiles by net sale price
Measure
Test
Statistic
df
p-value
Threshold
Real difference?
Effect size
Size
Net price per SF
Kruskal–Wallis
H = 5.68
3
0.1283
p < 0.0063
Unclear
ε² = 0.237
large
Living area
Kruskal–Wallis
H = 8.70
3
0.0336
p < 0.0063
Unclear
ε² = 0.362
large
Year built
Kruskal–Wallis
H = 8.19
3
0.0423
p < 0.0063
Unclear
ε² = 0.341
large
Days on market
Kruskal–Wallis
H = 3.44
3
0.3292
p < 0.0063
Unclear
ε² = 0.143
large
Discount from original list
Kruskal–Wallis
H = 3.64
3
0.3035
p < 0.0063
Unclear
ε² = 0.152
large
Price cut before sale
Chi-square
χ² = 2.58
3
0.4604
p < 0.0063
Unclear
Cramér’s V = 0.321
medium
Seller paid closing costs or repairs
Chi-square
χ² = 5.75
3
0.1245
p < 0.0063
Unclear
Cramér’s V = 0.480
medium
Has a view
Chi-square
χ² = 2.98
3
0.3953
p < 0.0063
Unclear
Cramér’s V = 0.345
medium
8.3.2 Quartiles by living area
Measure
Test
Statistic
df
p-value
Threshold
Real difference?
Effect size
Size
Net sale price
Kruskal–Wallis
H = 6.72
3
0.0813
p < 0.0063
Unclear
ε² = 0.280
large
Net price per SF
Kruskal–Wallis
H = 7.74
3
0.0518
p < 0.0063
Unclear
ε² = 0.322
large
Year built
Kruskal–Wallis
H = 9.67
3
0.0216
p < 0.0063
Unclear
ε² = 0.403
large
Days on market
Kruskal–Wallis
H = 3.96
3
0.2654
p < 0.0063
Unclear
ε² = 0.165
large
Discount from original list
Kruskal–Wallis
H = 4.60
3
0.2034
p < 0.0063
Unclear
ε² = 0.192
large
Price cut before sale
Chi-square
χ² = 1.44
3
0.6965
p < 0.0063
Unclear
Cramér’s V = 0.240
small
Seller paid closing costs or repairs
Chi-square
χ² = 2.21
3
0.5307
p < 0.0063
Unclear
Cramér’s V = 0.297
small
Has a view
Chi-square
χ² = 5.06
3
0.1675
p < 0.0063
Unclear
Cramér’s V = 0.450
medium
8.3.3 Quartiles by year built
Measure
Test
Statistic
df
p-value
Threshold
Real difference?
Effect size
Size
Net sale price
Kruskal–Wallis
H = 9.77
3
0.0206
p < 0.0063
Unclear
ε² = 0.407
large
Net price per SF
Kruskal–Wallis
H = 4.04
3
0.2569
p < 0.0063
Unclear
ε² = 0.168
large
Living area
Kruskal–Wallis
H = 0.82
3
0.8456
p < 0.0063
Unclear
ε² = 0.034
small
Days on market
Kruskal–Wallis
H = 3.89
3
0.2741
p < 0.0063
Unclear
ε² = 0.162
large
Discount from original list
Kruskal–Wallis
H = 3.78
3
0.2865
p < 0.0063
Unclear
ε² = 0.157
large
Price cut before sale
Chi-square
χ² = 1.44
3
0.6965
p < 0.0063
Unclear
Cramér’s V = 0.240
small
Seller paid closing costs or repairs
Chi-square
χ² = 0.91
3
0.8237
p < 0.0063
Unclear
Cramér’s V = 0.190
small
Has a view
Chi-square
χ² = 5.21
3
0.1572
p < 0.0063
Unclear
Cramér’s V = 0.456
medium
8.3.4 View and no view
Measure
Test
Statistic
df
p-value
Threshold
Real difference?
Effect size
Size
Net sale price
Mann–Whitney U
U = 66.00
—
0.3027
p < 0.0063
Unclear
rank-biserial r = 0.320
medium
Net price per SF
Mann–Whitney U
U = 46.00
—
0.8180
p < 0.0063
Unclear
rank-biserial r = 0.080
negligible
Living area
Mann–Whitney U
U = 73.50
—
0.1177
p < 0.0063
Unclear
rank-biserial r = 0.470
medium
Year built
Mann–Whitney U
U = 41.00
—
0.5589
p < 0.0063
Unclear
rank-biserial r = 0.180
small
Days on market
Mann–Whitney U
U = 54.50
—
0.7858
p < 0.0063
Unclear
rank-biserial r = 0.090
negligible
Discount from original list
Mann–Whitney U
U = 43.00
—
0.6685
p < 0.0063
Unclear
rank-biserial r = 0.140
small
Price cut before sale
Chi-square
χ² = 0.36
1
0.5482
p < 0.0063
Unclear
Cramér’s V = 0.120
small
Seller paid closing costs or repairs
Chi-square
χ² = 0.45
1
0.5040
p < 0.0063
Unclear
Cramér’s V = 0.134
small
8.4 Data notes
Left out of the analysis: 0 new-construction sales (basic statistics only, section 7); nothing else. Statistics: Python, NumPy 2.5.3, SciPy 1.18.1.
8.5 References
Cohen, J. (1988). Statistical Power Analysis for the Behavioral Sciences (2nd ed.). Erlbaum.
Cramér, H. (1946). Mathematical Methods of Statistics. Princeton University Press.
Dunn, O. J. (1961). Multiple comparisons among means. JASA, 56(293), 52–64.
Kerby, D. S. (2014). The simple difference formula: an approach to teaching nonparametric correlation. Comprehensive Psychology, 3, 11.IT.3.1.
Kruskal, W. H., & Wallis, W. A. (1952). Use of ranks in one-criterion variance analysis. JASA, 47(260), 583–621.
Mann, H. B., & Whitney, D. R. (1947). On a test of whether one of two random variables is stochastically larger than the other. Annals of Mathematical Statistics, 18(1), 50–60.
Pearson, K. (1900). On the criterion that a given system of deviations… Philosophical Magazine, 50(302), 157–175.
Tomczak, M., & Tomczak, E. (2014). The need to report effect size estimates revisited. Trends in Sport Sciences, 21(1), 19–25.