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Looking For That Ray – Knight Frank’s Sunshine Index

[1]
[click to open WSJ article]

As a followup to my analysis of light on property values [2], I came across this fun way to look at the market.

…real-estate consulting firm Knight Frank looked at 14 warm-weather vacation spots around the world. Using the average hours of sunlight per day and the average house price for a four-bedroom property in a prime real-estate location, Knight Frank arrived at the price for an hour of sunshine, averaged over a year…

Of course this is merely another way to slice and dice the high end housing market – just like the stock market [3] – not scientific or useful but still fascinating – Florida looks like a pretty good deal.



Knight Frank Sunshine Index [WSJ [1]]