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Baku Property Transaction Data
Data Science and Analytics
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About
A rich collection of real estate listings, detailing apartment prices in the Baku market during 2023. The data was sourced from the popular real estate website, Bina.az. This resource provides a foundational element for informed real estate market analysis, precise property valuation activities, and critical housing market research.
Columns
The dataset contains 10 columns providing essential information about properties available for sale:
- Price: The listed monetary value of the property, which facilitates insights into market trends and pricing variations.
- Location: Specifies geographical details, including the city, district, and nearest metro stations. Location details are a critical factor in real estate decision-making.
- Rooms: Represents the count of rooms in the property, necessary for prospective buyers or renters to evaluate suitability.
- Square: The total area of the property, measured in square meters. Property size is a vital factor for assessing space and value.
- Floor: Indicates the floor level on which the apartment is situated, a critical factor for apartment seekers.
- New Building: A binary value (0 or 1) showing whether the property is in a newly constructed building, assisting those seeking modern builds (Approximately 76% of listings are new buildings).
- Has Repair: A binary value indicating if the property has undergone any repairs or renovations. Repair status can significantly influence a buyer's decision (Approximately 84% report having repairs).
- Has Bill of Sale: A binary value confirming whether a legal bill of sale exists for the property, which helps ensure the legitimacy of the transaction (Approximately 77% have a bill of sale).
- Has Mortgage: A binary value indicating if the property currently has an existing mortgage (Approximately 34% report having a mortgage).
- Usability: A score of 10.00.
Distribution
This dataset consists of 39,300 rows and 10 columns. All data points reported in the core columns are valid, with zero reported mismatched or missing values. The file name is BakuApartmentData.csv (1.97 MB). The mean price is approximately 232 thousand, with prices ranging from 9,600 up to 8.07 million. The average number of rooms is 2.81, and the average property size is 106 square meters.
Usage
This data is a powerful tool for a wide range of applications, including:
- Market Analysis: Professionals can leverage the data to research market dynamics, evaluate pricing, and understand property preferences within Baku.
- Property Valuation: Valuation experts can estimate property values based on key attributes such as location, size, and current condition.
- Housing Market Research: Researchers, academics, and policymakers can explore the listings to gain insights into housing affordability, current trends, and the prevalence of factors like mortgages and necessary repairs.
Coverage
The geographic scope covers apartment prices within Baku, Azerbaijan. The data represents listings from the 2023 calendar year. The source of the listings is the Bina.az website.
License
CC0: Public Domain
Who Can Use It
- Real Estate Professionals and Analysts: For conducting detailed market research and assessing pricing dynamics.
- Property Appraisers and Valuation Experts: For deriving estimated property values.
- Academics, Policymakers, and Researchers: For studying housing market trends and affordability.
- Homebuyers and Renters: Individuals can filter and search the data to identify suitable homes based on their specific needs regarding price, location, and room count.
Dataset Name Suggestions
- Baku Apartment Listings 2023
- Azerbaijan Real Estate Prices Bina.az
- 2023 Baku Housing Market Snapshot
- Baku Property Transaction Data
Attributes
Original Data Source: Baku Property Transaction Data
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