Date of Submission
Campus Only Senior Thesis
Bachelor of Arts
2018 Henry J Frome
In this thesis, I analyze the effect that a professional sports team has on its local real estate values. Using data from 2005-2016, I use an OLS regression to analyze two aspects of professional sports that could affect home values; presence of a team, and success of a team. I find that there is no significant correlation between presence of a team and increase in home values. However, statistically significant at the 1% level, I find that a 1 unit increase in winning percentage leads to a .0216 unit increase in percent change of home value. These results indicate that professional sports have a significant effect on home values, but it is more important for the team to be successful than to merely have a team.
Frome, Henry, "Winning in Professional Sports Isn’t Everything, But it May Increase Home Values in Your Area" (2019). CMC Senior Theses. 2054.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.