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Impact of Number of Bidders on Sale Price of Auctioned Condominium Apartments in Stockholm
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Building and Real Estate Economics.ORCID iD: 0000-0003-2648-3437
2013 (English)In: International Real Estate Review, ISSN 1029-6131, Vol. 16, no 3, 274-295 p.Article in journal (Refereed) Published
Abstract [en]

This paper empirically tests the effect of the number of bidders on the sale price of condominium apartments in Stockholm by using data gathered during 2010. The results show that the number of participants in a real estate auction plays a significant role in the final auctioned price. The average price per square meter paid by every extra bidder has an increasing but decelerating growth, starting with an approximate 4 percent increase when going from one to two bidders.

Place, publisher, year, edition, pages
2013. Vol. 16, no 3, 274-295 p.
Keyword [en]
Real estate auction, Number of bidders, Price effect
National Category
Economics
Identifiers
URN: urn:nbn:se:kth:diva-59573OAI: oai:DiVA.org:kth-59573DiVA: diva2:475853
Note

QC 20150202

Available from: 2012-01-11 Created: 2012-01-11 Last updated: 2017-12-08Bibliographically approved
In thesis
1. Real Estate Auctions - An Empirical Analysis of Auction Strategies
Open this publication in new window or tab >>Real Estate Auctions - An Empirical Analysis of Auction Strategies
2015 (English)Licentiate thesis, comprehensive summary (Other academic)
Place, publisher, year, edition, pages
Stockholm: KTH Royal Institute of Technology, 2015. 17 p.
Series
TRITA-FOB-LIC, 2015:1
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-159473 (URN)978-91-85783-44-1 (ISBN)
Presentation
2015-02-10, Sal L1, Drottning Kristinas Väg 30, KTH, Stockholm, 13:15 (English)
Opponent
Supervisors
Note

QC 20150202

Available from: 2015-02-02 Created: 2015-02-02 Last updated: 2015-02-02Bibliographically approved

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Hungria-Gunnelin, Rosane

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
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  • vancouver
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More styles
Language
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  • en-GB
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  • Other locale
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Output format
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