Sales of Residential Properties Illustrated with the City of Kalisz

Abstract

Properties are one of the most rapidly developing segments of the Polish economy. e development of the property market involves not only transformations of all of its operating aspects, but also awareness of importance of property market surveys, which are a useful source of information for investors. is analysis focuses on fl uctuation of transactional prices of residential properties in Kalisz in 2003-2012. An attempt has been made to identify factors aff ecting a property price. e analysis leads to a few signifi cant fi ndings. When compared to the domestic property market and parallel local markets, sales are low. An analysis of dependences between the price and the land area has led to a conclusion that the correlation dependence is of positive nature. Upon analyzing time tendency of the transactional prices, an average monthly price growth has been identifi ed. e local market demonstrates tendencies refl ecting the country-wide phenomena.