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Table 2. 
Summary Statistics of Properties with Sale Prices
Property characteristics
Sale price, $ 383,546 
 (247,685) 
Number of bedrooms 2.98 
 (1.05) 
Number of bathrooms 2.11 
 (0.92) 
Square footage 1,573 
 (718) 
Quality 6.45 
 (1.25) 
Number of charters  
0–0.5 miles 0.16 
 (0.54) 
0.5–1 mile 0.47 
 (1.11) 
1–1.5 miles 0.78 
 (1.59) 
1.5–2 miles 1.06 
 (2.04) 
Charters as percentage of enrollment 
0–0.5 miles 0.05 
 (0.18) 
0.5–1 mile 0.06 
 (0.15) 
1–1.5 miles 0.06 
 (0.13) 
1.5–2 miles 0.06 
 (0.12) 
Observations 158,211 
Property characteristics
Sale price, $ 383,546 
 (247,685) 
Number of bedrooms 2.98 
 (1.05) 
Number of bathrooms 2.11 
 (0.92) 
Square footage 1,573 
 (718) 
Quality 6.45 
 (1.25) 
Number of charters  
0–0.5 miles 0.16 
 (0.54) 
0.5–1 mile 0.47 
 (1.11) 
1–1.5 miles 0.78 
 (1.59) 
1.5–2 miles 1.06 
 (2.04) 
Charters as percentage of enrollment 
0–0.5 miles 0.05 
 (0.18) 
0.5–1 mile 0.06 
 (0.15) 
1–1.5 miles 0.06 
 (0.13) 
1.5–2 miles 0.06 
 (0.12) 
Observations 158,211 

Notes: Summary statistics are means for sales from September 2008 through September 2011. Property sample excludes homes with a sale price exceeding $1.5 million, and a bedroom or bathroom count in excess of eight. Homes are divided into the “LAUSD” or “Rest of LA County” samples via the location of the elementary school to which the property is zoned. Standard deviations in parentheses.

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