ANALIZA WPŁYWU LOKALIZACJI I CECH NIERUCHOMOŚCI NA ICH CENY W POLSCE W LATACH 2023-2024
ANALYSIS OF THE IMPACT OF LOCATION AND PROPERTY CHARACTERISTICS ON REAL ESTATE PRICES IN POLAND IN 2023-2024
Author(s): Angelika Samson, Monika Zielińska-SitkiewiczSubject(s): Micro-Economics, Applied Geography, Financial Markets
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: real estate valuation; floor space; location; amenities; OLS; Lasso; GWR; k-means; Random Forest;
Summary/Abstract: This article examines the impact of floor space, location, and amenities on the asking prices of apartments in Poland between 2023 and 2024, with a particular focus on Warsaw, Krakow, Lodz, and the Tricity. The study combines econometric methods and machine learning to identify key price-forming factors. The analysis employs OLS, Lasso, GWR, k-means, and Random Forest models. Based on a sample of 49,531 listings, the results demonstrate a clear superiority of non-linear models in price prediction. The findings also confirm the dominant role of location and physical characteristics in explaining spatial price differentiation in the real estate market.
Journal: Metody Ilościowe w Badaniach Ekonomicznych
- Issue Year: XXVII/2026
- Issue No: 1
- Page Range: 41-54
- Page Count: 14
- Language: Polish
