MIT School of Architecture and Planning

Data Science in Real Estate

Acquire the analytical skills to leverage data for evidence-based decision making in the real estate industry.

Start date

09 April 2025

Price

$2,100 USD

Installment Plan

Request a call

Course duration

6 weeks

Excluding orientation

Language

English

Access resources from start date

Effort

7–10 hours per week

Self-paced learning online

ABOUT THIS COURSE

Course overview

55%

The percentage of real estate CEOs who prioritize using data to improve customer experience and create a competitive advantage.

PwC (2020).

34%

The percentage of North American commercial real estate companies that plan to increase investment in data analytics in the next year.

Deloitte (Dec, 2020).

Duration: 6 weeks (excluding orientation)

Machine learning and data analytics have revolutionized how real estate professionals and investors conduct property assessments. The MIT School of Architecture and Planning (MIT SA+P) Data Science in Real Estate online short course focuses on applying data science skills in the built environment. Esteemed MIT faculty and industry experts guide participants through the statistical techniques that can help you uncover crucial insights about factors affecting property investment and development opportunities.

Over six weeks, this course will equip you with the skills and knowledge to evaluate and clean data, expand data sets, and generate multiple models to understand industry trends and predict real estate values.

Is this course for you?

The Data Science in Real Estate online short course from MIT SA+P equips participants with the necessary data science skills to make informed decisions and expand their property portfolios successfully. Individuals with data analytics knowledge will discover how to apply their expertise to the real estate industry. In turn, real estate professionals and independent investors will develop their data skills to help them analyze and evaluate properties, thus empowering them to make more sound business and investment decisions.

While there are no formal prerequisites for this course, it’s highly recommended that you have a basic understanding of programming, in particular using R. You should be familiar with different data types and basic data structures, including objects, functions, vectors, matrices, data frames, and factors; and have used them practically in the past. If you don’t yet have an understanding of these concepts, you can explore the bridging resources made available in the course brochure.

Course overview

Duration: 6 weeks (excluding orientation)

What will set you apart

On completion of this course, you’ll walk away with:

Tools to inform your real estate investments using insights from data analytics.

An understanding of the various factors that impact the value of a property investment.

The ability to perform statistical analyses and modeling using interactive software applications like R and Jupyter notebooks.

Knowledge of the fundamentals of machine learning concepts in the context of the built environment.

Unlimited access to edX’s Career Engagement Network, offering you exclusive resources and events to support your professional journey and drive your career forward.

Course curriculum

Explore the use of data analytics in real estate as you progress through the weekly modules of this MIT SA+P online short course.

Orientation module

Welcome to your Online Campus

Module 1

Data science and machine learning principles

Module 2

Using real estate data

Module 3

Initial insights using statistics

Module 4

Using data science to ask questions

Module 5

Relationships in real estate data

Module 6

Forecasting in real estate

Get more information

Faculty Director

The design of this program is guided by MIT and industry experts, who will share their experience and in-depth knowledge with you throughout the program.

Dr Andrea Chegut

Director, MIT Real Estate Innovation Lab; Head of Research, MITdesignX; Research Scientist, MIT Center for Real Estate

About the certificate

Master the application of data analytics in the real estate sector and earn an official digital MIT SA+P certificate.

Assessment is continuous and based on a series of practical assignments completed online. In order to be issued with a digital certificate, you’ll need to meet the requirements outlined in the course handbook. The handbook will be made available to you as soon as you begin the course.

Your certificate will be issued in your legal name and sent to you digitally upon successful completion of the program, as per the stipulated requirements.

MIT SA+P Data Science in Real Estate online short course certificate

YOUR INFORMATION

Get more information

Answer a few questions and get more information about the course.

First name *

Last name *

Email *

Yes, I want to receive additional information about the MIT SA+P Data Science in Real Estate online short course. Please contact me:

By email: *YesNo

By phone: *YesNo

Phone *

Please enter a valid phone number

edX, and its parent company, 2U, Inc., offer other online education programmes across various fields of study. Please email me about these programmes.

Learn more about the educational programs that MIT offers that may be of interest to me.*

YesNo

By consenting to receive communications, you agree to the use of your data as described in our privacy policy. You may opt out of receiving communication at any time.

FAQ

Want to know more?

GetSmarter operates as edX's partner for premium online short course products from the world's leading universities and institutions. With edX, we leverage our people, technology, and resources to power your education and your potential.

We deliver market-led courses that equip working professionals with the expertise required to upskill, reskill or kickstart a completely new career. Through a data-driven approach, we analyze future skills requirements and ensure all courses address this need. We ensure that leading universities and institutions are your expert guides and our people, technology, and resources are your engine – together we power more than just education, we power your potential.

Read more about GetSmarter here and edX here.

Find out more about GetSmarter’s approach to digital learning, course design, and online delivery here.

You can pay your course fees before the course starts, or you may opt for a split payment plan on courses that are nine weeks and shorter. For courses 10 weeks and longer, there is a three-part payment plan available. To find out more about payment options please visit our Payment and Financing page, or contact an Enrollment Adviser, to find out which option you qualify for.

GetSmarter's learning model is designed to help you, as a working professional, improve your skills without compromising on work and family responsibilities. The course work is broken up into weekly, manageable bite-sized modules, with incremental deadlines, designed to help you pace yourself over the duration of the course and allow you the legroom to work when it suits you best.

At the beginning of each module you'll be presented with the course content and assignments necessary for completion. You also have access to your Success Adviser who will help you manage your time, and support you with any administrative or technical queries you might have.

By improving your skills and industry knowledge, you'll have an influence on the success of your organization. Why wouldn't you ask your boss to help you fund your studies if it's going to have an impact on the way you do business?

Of our past students, 37 percent have received financial assistance from their employers. You can ask for help, too. Here is a guide to show you how to request financial assistance from your employer.

If you are a Learning & Development (L&D) manager, or involved in training and upskilling for an organization, you can request information regarding our corporate offering on our GetSmarter for business page.

As part of our commitment to your professional development, GetSmarter offers you a two-week period to change your course start date or request your money back if you’re not fully satisfied.

To qualify for a deferral of your course start date, or to cancel your enrollment and receive a refund of your course fee, your request would need to reach our Success Advisers before the release of Module 2. For more information, please read our Terms and Conditions.

The Online Campus will be your virtual classroom for the duration of your course. Through its easy-to-use interface you'll have access to a diverse variety of course content formats including: interactive videos, module notes, practice quizzes, presentations, assignment briefs, and additional web resources.

On the Online Campus, you'll also be able to ask questions and interact with your fellow students and teaching team through the discussion forums. If you are looking for your Online Campus login, please visit your Account page here.