Property market delineation techniques

In the absence of rich and coherent micro-datasets, we have applied a combination of qualitative methods (property experts boundaries definition) and GIS technology during the design of “Brokers’ Value Opinion Survey” (Residential), to define spatial residential submarkets in Athens, Greece. Until now ZIP codes and municipality boundaries have mainly been applied in residential market delineation in Greece.

Exarxeia district residential market delineation

What else techniques have you applied in residential market delineation in opaque property markets?

The project is supported by the Real Estate Association of Athens and its output (quarterly reports about residential market values and market rents and market forecasts) is commercially available in our platform “Greek Property Data”