## May 2022 College of the Sciences Presentations

#### Title

Analyzing Home Prices in Washington State

Poster

#### Event Website

https://source2022.sched.com/

16-5-2022

16-5-2022

#### Keywords

Numerical Methods, Interpolation, Housing Market

#### Abstract

Home prices are constantly fluctuating and in recent years the median price for a home in Washington state hit an all-time high. The goal of this project is to understand the housing market's trends using data from the Office of Financial Management for Washington state (OFM). The data is the yearly median home price (measured in US dollars) in Washington state from 2000 to 2020. Using this data we will create an approximation that lines up with the data and makes a reasonable prediction for the median housing price next year. To accomplish this goal we will construct several interpolating polynomials and compare their results. We will also examine how the housing market has changed from 2000 to 2020. To accomplish this goal we will conduct numerical differentiation methods and numerical integration methods.

Brandy Wiegers

#### Department/Program

Applied Mathematics

Mathematics

#### Streaming Media

Tallman Abby SOURCE Presentation.pptx (17783 kB)
Slides

#### Share

COinS

May 16th, 12:00 AM May 16th, 12:00 AM

Analyzing Home Prices in Washington State

Home prices are constantly fluctuating and in recent years the median price for a home in Washington state hit an all-time high. The goal of this project is to understand the housing market's trends using data from the Office of Financial Management for Washington state (OFM). The data is the yearly median home price (measured in US dollars) in Washington state from 2000 to 2020. Using this data we will create an approximation that lines up with the data and makes a reasonable prediction for the median housing price next year. To accomplish this goal we will construct several interpolating polynomials and compare their results. We will also examine how the housing market has changed from 2000 to 2020. To accomplish this goal we will conduct numerical differentiation methods and numerical integration methods.

https://digitalcommons.cwu.edu/source/2022/COTS/101