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
27
single-family resale homes
Median net sale price
$472,000
average $492,985
Median net price per SF
$204
average $219
Median days on market
34 days
average 59 days
1. SummaryResale homes · 27 sales · October 26, 2025 – October 25, 2026
This study looks at the 27 resale homes sold in Hunters Chase in the 365 days to October 25, 2026. A full year is used because only 9 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 sold27 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 · 27 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 $441K
$441K–$472K
$475K–$527K
Over $527K
Real difference?
Net price per SF
$205 per SF
$207 per SF
$200 per SF
$259 per SF
unclear
Living area
2,078 SF
2,206 SF
2,496 SF
2,407 SF
unclear
Year built
1985
1986
1988
1985
unclear
Days on market
37 days
80 days
52 days
30 days
unclear
Discount from original list
7.5%
6.4%
5.6%
3.7%
unclear
Price cut before sale
43%
57%
50%
43%
unclear
Seller paid closing costs or repairs
57%
71%
50%
43%
unclear
Has a view
29%
0%
0%
14%
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 $259 per SF for homes over $527K and $205 per SF for homes under $441K. It does not move in a straight line; homes over $527K are highest. Defined in 8.1.2.
– No clear difference · could be chance
3.4 Living area: no clear difference
The average is 2,407 SF for homes over $527K and 2,078 SF for homes under $441K. It does not move in a straight line; homes $475K–$527K are highest. Defined in 8.1.3.
– No clear difference · could be chance
3.5 Year built: no clear difference
The median is 1985 for homes over $527K and 1985 for homes under $441K. It does not move in a straight line; homes $475K–$527K are highest. Defined in 8.1.4.
– No clear difference · could be chance
3.6 Days on market: no clear difference
The median is 30 days for homes over $527K and 37 days for homes under $441K. It does not move in a straight line; homes $441K–$472K 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 3.7% for homes over $527K and 7.5% for homes under $441K. 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.
43% of homes over $527K had a price cut before sale, against 43% of homes under $441K. Defined in 8.1.7.
43% of homes over $527K had the seller pay closing costs or repairs, against 57% of homes under $441K. Defined in 8.1.8.
14% of homes over $527K have a view, against 29% of homes under $441K. 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 $441K7 sales
$441K–$472K7 sales
$475K–$527K6 sales
Over $527K7 sales
All27 sales
Real difference?
Net sale price average
$417,222
$452,021
$497,900
$605,500
$492,985
by design
Net price per SF average
$205
$207
$200
$259
$219
unclear
Living area average
2,078
2,206
2,496
2,407
2,289
unclear
Year built median
1985
1986
1988
1985
1986
unclear
3.10 The numbers: selling
Under $441K7 sales
$441K–$472K7 sales
$475K–$527K6 sales
Over $527K7 sales
All27 sales
Real difference?
Days on market median
37
80
52
30
34
unclear
Discount from original list average
7.5%
6.4%
5.6%
3.7%
5.8%
unclear
Price cut before sale
43%
57%
50%
43%
48%
unclear
Seller paid closing costs or repairs
57%
71%
50%
43%
56%
unclear
Has a view
29%
0%
0%
14%
11%
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 · 27 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 2,156 SF
2,156–2,377 SF
2,382–2,461 SF
Over 2,461 SF
Real difference?
Net sale price
$475K
$480K
$473K
$541K
unclear
Net price per SF
$260 per SF
$211 per SF
$196 per SF
$204 per SF
unclear
Year built
1983
1987
1986
1992
unclear
Days on market
80 days
26 days
60 days
30 days
unclear
Discount from original list
4.8%
4.1%
8.7%
6.1%
unclear
Price cut before sale
57%
29%
50%
57%
unclear
Seller paid closing costs or repairs
71%
57%
33%
57%
unclear
Has a view
29%
14%
0%
0%
unclear
4.3 Net sale price: no clear difference
The average is $541K for homes over 2,461 SF and $475K for homes under 2,156 SF. It does not move in a straight line; homes over 2,461 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 $204 per SF for homes over 2,461 SF and $260 per SF for homes under 2,156 SF. It does not move in a straight line; homes under 2,156 SF are highest. Defined in 8.1.2.
– No clear difference · could be chance
4.5 Year built: no clear difference
The median is 1992 for homes over 2,461 SF and 1983 for homes under 2,156 SF. It does not move in a straight line; homes over 2,461 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 30 days for homes over 2,461 SF and 80 days for homes under 2,156 SF. It does not move in a straight line; homes under 2,156 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 6.1% for homes over 2,461 SF and 4.8% for homes under 2,156 SF. It does not move in a straight line; homes 2,382–2,461 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.
57% of homes over 2,461 SF had a price cut before sale, against 57% of homes under 2,156 SF. Defined in 8.1.7.
57% of homes over 2,461 SF had the seller pay closing costs or repairs, against 71% of homes under 2,156 SF. Defined in 8.1.8.
0% of homes over 2,461 SF have a view, against 29% of homes under 2,156 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 2,156 SF7 sales
2,156–2,377 SF7 sales
2,382–2,461 SF6 sales
Over 2,461 SF7 sales
All27 sales
Real difference?
Net sale price average
$475,144
$479,764
$473,041
$541,143
$492,985
unclear
Net price per SF average
$260
$211
$196
$204
$219
unclear
Living area average
1,841
2,271
2,416
2,647
2,289
by design
Year built median
1983
1987
1986
1992
1986
unclear
4.10 The numbers: selling
Under 2,156 SF7 sales
2,156–2,377 SF7 sales
2,382–2,461 SF6 sales
Over 2,461 SF7 sales
All27 sales
Real difference?
Days on market median
80
26
60
30
34
unclear
Discount from original list average
4.8%
4.1%
8.7%
6.1%
5.8%
unclear
Price cut before sale
57%
29%
50%
57%
48%
unclear
Seller paid closing costs or repairs
71%
57%
33%
57%
56%
unclear
Has a view
29%
14%
0%
0%
11%
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 · 27 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 1985
1985–1986
1987–1991
After 1991
Real difference?
Net sale price
$505K
$461K
$497K
$504K
unclear
Net price per SF
$236 per SF
$221 per SF
$220 per SF
$195 per SF
unclear
Living area
2,189 SF
2,114 SF
2,272 SF
2,569 SF
unclear
Days on market
77 days
30 days
18 days
85 days
unclear
Discount from original list
5.6%
5.8%
2.3%
9.1%
unclear
Price cut before sale
62%
33%
17%
71%
unclear
Seller paid closing costs or repairs
25%
67%
83%
57%
unclear
Has a view
12%
33%
0%
0%
unclear
5.3 Net sale price: no clear difference
The average is $504K for homes built after 1991 and $505K for homes built before 1985. It does not move in a straight line; homes built before 1985 are highest. Defined in 8.1.1.
– No clear difference · could be chance
5.4 Net price per SF: no clear difference
The average is $195 per SF for homes built after 1991 and $236 per SF for homes built before 1985. It falls step by step from the lowest range to the highest. Defined in 8.1.2.
– No clear difference · could be chance
5.5 Living area: no clear difference
The average is 2,569 SF for homes built after 1991 and 2,189 SF for homes built before 1985. It does not move in a straight line; homes built after 1991 are highest. Defined in 8.1.3.
– No clear difference · could be chance
5.6 Days on market: no clear difference
The median is 85 days for homes built after 1991 and 77 days for homes built before 1985. It does not move in a straight line; homes built after 1991 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 9.1% for homes built after 1991 and 5.6% for homes built before 1985. It does not move in a straight line; homes built after 1991 are 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.
71% of homes built after 1991 had a price cut before sale, against 62% of homes built before 1985. Defined in 8.1.7.
57% of homes built after 1991 had the seller pay closing costs or repairs, against 25% of homes built before 1985. Defined in 8.1.8.
0% of homes built after 1991 have a view, against 12% of homes built before 1985. 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 19858 sales
1985–19866 sales
1987–19916 sales
After 19917 sales
All27 sales
Real difference?
Net sale price average
$505,188
$460,650
$496,524
$503,721
$492,985
unclear
Net price per SF average
$236
$221
$220
$195
$219
unclear
Living area average
2,189
2,114
2,272
2,569
2,289
unclear
Year built median
1983
1985
1987
1994
1986
by design
5.10 The numbers: selling
Before 19858 sales
1985–19866 sales
1987–19916 sales
After 19917 sales
All27 sales
Real difference?
Days on market median
77
30
18
85
34
unclear
Discount from original list average
5.6%
5.8%
2.3%
9.1%
5.8%
unclear
Price cut before sale
62%
33%
17%
71%
48%
unclear
Seller paid closing costs or repairs
25%
67%
83%
57%
56%
unclear
Has a view
12%
33%
0%
0%
11%
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 · 27 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: too few sales to test.
6.1 Key differences
The top group against the bottom group: no measure differs enough to rule out chance.
6.3 Net sale price: described, not tested
The average is $460K for homes with a view and $497K for homes without a view. Defined in 8.1.1.
Not tested: too few sales.
6.4 Net price per SF: described, not tested
The average is $257 per SF for homes with a view and $214 per SF for homes without a view. Defined in 8.1.2.
Not tested: too few sales.
6.5 Living area: described, not tested
The average is 1,865 SF for homes with a view and 2,342 SF for homes without a view. Defined in 8.1.3.
Not tested: too few sales.
6.6 Year built: described, not tested
The median is 1985 for homes with a view and 1987 for homes without a view. Defined in 8.1.4.
Not tested: too few sales.
6.7 Days on market: described, not tested
The median is 39 days for homes with a view and 30 days for homes without a view. Defined in 8.1.5.
Not tested: too few sales.
6.8 Discount from original list: described, not tested
The average is 8.7% for homes with a view and 5.5% for homes without a view. Defined in 8.1.6.
Not tested: too few sales.
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.
100% of homes with a view had a price cut before sale, against 42% of homes without a view. Defined in 8.1.7.
33% of homes with a view had the seller pay closing costs or repairs, against 58% of homes without a view. Defined in 8.1.8.
Price cut before sale: Not tested: too few sales.
Seller paid closing costs or repairs: Not tested: too few sales.
6.10 The numbers: price and size
View3 sales
No view24 sales
All27 sales
Net sale price average
$459,667
$497,150
$492,985
Net price per SF average
$257
$214
$219
Living area average
1,865
2,342
2,289
Year built median
1985
1987
1986
6.11 The numbers: selling
View3 sales
No view24 sales
All27 sales
Days on market median
39
30
34
Discount from original list average
8.7%
5.5%
5.8%
Price cut before sale
100%
42%
48%
Seller paid closing costs or repairs
33%
58%
56%
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 Hunters Chase.
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
27 resale sales. Average $492,985; median $472,000; standard deviation $77,217; middle half (25th–75th percentile) $440,475–$541,200; lowest $380,000, highest $675,000. 15 sales had a seller payment; their median payment was $6,000.
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
27 resale sales. Average $219; median $204; standard deviation $42; middle half (25th–75th percentile) $193–$232; lowest $164, highest $358.
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
27 resale sales. Average 2,289; median 2,377; standard deviation 335; middle half (25th–75th percentile) 2,130–2,474; lowest 1,519, highest 2,861.
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
27 resale sales. Average 1988; median 1986; standard deviation 5; middle half (25th–75th percentile) 1984–1992; lowest 1983, highest 1998.
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
27 resale sales. Average 59; median 34; standard deviation 57; middle half (25th–75th percentile) 16–90; lowest 2, highest 201. 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
27 resale sales. Average 5.8%; median 4.2%; standard deviation 5.3%; middle half (25th–75th percentile) 1.1%–9.4%; lowest 0.0%, highest 18.8%. 1 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 27 resale sales (48.1%).
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
15 of 27 resale sales (55.6%).
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
3 sales with a view, 24 without, 0 unclassified. Most common View entries: None 19, Neighborhood 5, Park/Greenbelt 2, Trees/Woods 2.
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 = Austin, SubdivisionName contains any of “hunters chase” (case-insensitive). A record is kept when its subdivision name belongs to the Hunters Chase family, the same rule comparable sales use.
The data
Pulled October 26, 2026: 27 closed Hunters Chase records over the prior year, in ZIP 78729. 11 subdivision spellings kept: Hunters Chase Sec 04 (7); Hunters Chase Sec 05 Amd (5); Hunters Chase Sec 01 (4); Hunters Chase Sec 07 Amd Pt Amd (3); Hunters Chase Sec 02 (2); Hunters Chase Sec 07 Amd (1); Hunters Chase Sec 05 (1); Hunters Chase (1); Hunters Chase Sec 4 (1); HUNTERS CHASE SEC 4 (1); Hunters Chase Sec 06 (1). Names found by the search but not part of Hunters Chase, left out: HUNTERS CHASE DRIVE ROW DEDI (1); Estates At Hunters Chase Sec 01 (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 9 resale sales here (under 80), so the full year is used.
Statistically
CloseDate from October 26, 2025 to October 25, 2026 inclusive.
The data
27 single-family sales in the window: 27 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
27 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 $441K”.
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 $441K: $380,000–$440,050 (7 sales); $441K–$472K: $440,900–$472,000 (7 sales); $475K–$527K: $475,000–$527,400 (6 sales); Over $527K: $555,000–$675,000 (7 sales) Quartiles by living area: Under 2,156 SF: 1,519–2,105 SF (7 sales); 2,156–2,377 SF: 2,156–2,377 SF (7 sales); 2,382–2,461 SF: 2,382–2,461 SF (6 sales); Over 2,461 SF: 2,486–2,861 SF (7 sales) Quartiles by year built: Before 1985: 1983–1984 (8 sales); 1985–1986: 1985–1986 (6 sales); 1987–1991: 1987–1991 (6 sales); After 1991: 1992–1998 (7 sales) View and no view: View: MLS lists a view (3 sales); No view: None or Neighborhood (24 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 $492,985, median $472,000. Days on market: average 59, median 34: 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
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 = 8.39
3
0.0386
p < 0.0063
Unclear
ε² = 0.323
large
Living area
Kruskal–Wallis
H = 8.61
3
0.0350
p < 0.0063
Unclear
ε² = 0.331
large
Year built
Kruskal–Wallis
H = 0.72
3
0.8682
p < 0.0063
Unclear
ε² = 0.028
small
Days on market
Kruskal–Wallis
H = 0.51
3
0.9160
p < 0.0063
Unclear
ε² = 0.020
small
Discount from original list
Kruskal–Wallis
H = 1.85
3
0.6031
p < 0.0063
Unclear
ε² = 0.071
medium
Price cut before sale
Chi-square
χ² = 0.39
3
0.9419
p < 0.0063
Unclear
Cramér’s V = 0.121
small
Seller paid closing costs or repairs
Chi-square
χ² = 1.25
3
0.7402
p < 0.0063
Unclear
Cramér’s V = 0.215
small
Has a view
Chi-square
χ² = 3.86
3
0.2773
p < 0.0063
Unclear
Cramér’s V = 0.378
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 = 5.80
3
0.1220
p < 0.0063
Unclear
ε² = 0.223
large
Net price per SF
Kruskal–Wallis
H = 9.70
3
0.0213
p < 0.0063
Unclear
ε² = 0.373
large
Year built
Kruskal–Wallis
H = 7.93
3
0.0474
p < 0.0063
Unclear
ε² = 0.305
large
Days on market
Kruskal–Wallis
H = 2.97
3
0.3969
p < 0.0063
Unclear
ε² = 0.114
medium
Discount from original list
Kruskal–Wallis
H = 2.63
3
0.4529
p < 0.0063
Unclear
ε² = 0.101
medium
Price cut before sale
Chi-square
χ² = 1.54
3
0.6739
p < 0.0063
Unclear
Cramér’s V = 0.239
small
Seller paid closing costs or repairs
Chi-square
χ² = 1.93
3
0.5874
p < 0.0063
Unclear
Cramér’s V = 0.267
small
Has a view
Chi-square
χ² = 3.86
3
0.2773
p < 0.0063
Unclear
Cramér’s V = 0.378
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 = 3.33
3
0.3436
p < 0.0063
Unclear
ε² = 0.128
medium
Net price per SF
Kruskal–Wallis
H = 4.56
3
0.2072
p < 0.0063
Unclear
ε² = 0.175
large
Living area
Kruskal–Wallis
H = 7.10
3
0.0688
p < 0.0063
Unclear
ε² = 0.273
large
Days on market
Kruskal–Wallis
H = 5.15
3
0.1615
p < 0.0063
Unclear
ε² = 0.198
large
Discount from original list
Kruskal–Wallis
H = 4.33
3
0.2277
p < 0.0063
Unclear
ε² = 0.167
large
Price cut before sale
Chi-square
χ² = 5.09
3
0.1654
p < 0.0063
Unclear
Cramér’s V = 0.434
medium
Seller paid closing costs or repairs
Chi-square
χ² = 5.21
3
0.1572
p < 0.0063
Unclear
Cramér’s V = 0.439
medium
Has a view
Chi-square
χ² = 4.64
3
0.2001
p < 0.0063
Unclear
Cramér’s V = 0.415
medium
8.3.4 View and no view
Too few sales in a group to test.
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.