Analyzing Spatial Heterogeneity of Housing Prices Using Large Datasets

Published in Applied Spatial Analysis and Policy, 2020

Core contribution: This article advances housing submarket analysis by replacing simple spatial continuity with spatial connectivity. Its hybrid spatial data-mining framework identifies local housing markets through similarity, substitutability, and connectivity, improving both hedonic prediction and theoretical understanding of spatial heterogeneity.

Highlights
  • Treats housing submarkets as connected local markets rather than administrative or contiguous zones.
  • Combines spatial statistics, clustering, DBSCAN, and decision-tree logic into one feasible workflow.
  • Shows that large parcel-level datasets can support theoretically meaningful submarket classification.
  • Improves hedonic modeling by aligning prediction with local market structure.
Conceptual poster showing spatial connectivity revealing housing submarkets
Graphical abstract