2004
Assessment
Ratios Survey Report
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Transmittal
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Table
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Table
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Table
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Table
4
Table
4B
Table
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Table
6
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Table
IV
Residential
Ratio Study
This
table shows arms-length sales of improved
residential and condominium properties in
Group 1 from July 1, 2003, through June 30,
2004. Ratios
compare the Department's January 1, 2004,
value to the actual sale price.
|
County |
Number of Sales |
Average Ratio |
Median Ratio |
Weighted Ratio |
Average Deviation |
Coefficient of Dispersion |
Price Related Differential |
Standard Deviation |
Coefficient of Variation |
Median Sale Price |
|
Allegany |
156 |
92.0 |
95.0 |
90.3 |
0.08 |
8.80 |
1.02 |
0.12 |
12.65 |
78,000 |
|
Anne Arundel |
3,658 |
88.9 |
87.0 |
86.1 |
0.11 |
12.89 |
1.03 |
0.18 |
20.68 |
247,900
|
|
Baltimore City |
2,586 |
94.9 |
94.0 |
90.7 |
0.15 |
15.48 |
1.05 |
0.22 |
23.06 |
91,500 |
|
Baltimore |
5,011 |
85.8 |
86.0 |
84.4 |
0.10 |
11.80 |
1.02 |
0.13 |
15.46 |
170,640
|
|
Calvert |
389 |
83.1 |
83.0 |
81.7 |
0.10 |
12.02 |
1.02 |
0.14 |
16.66 |
310,000
|
|
Caroline |
179 |
88.4 |
87.0 |
85.4 |
0.12 |
14.01 |
1.04 |
0.16 |
18.65 |
145,000
|
|
Carroll |
1,255 |
86.2 |
86.0 |
85.5 |
0.09 |
10.87 |
1.01 |
0.12 |
13.85 |
289,900
|
|
Cecil |
753 |
88.4 |
88.0 |
86.8 |
0.09 |
10.71 |
1.02 |
0.13 |
14.94 |
164,950
|
|
Charles |
1,922 |
87.1 |
87.0 |
86.3 |
0.08 |
8.68 |
1.01 |
0.10 |
11.39 |
209,000
|
|
Dorchester |
258 |
87.2 |
86.0 |
82.0 |
0.14 |
16.40 |
1.06 |
0.19 |
21.90 |
140,500
|
|
Frederick |
2,286 |
87.3 |
88.0 |
86.8 |
0.09 |
9.84 |
1.01 |
0.11 |
12.56 |
299,000
|
|
Garrett |
67 |
90.9 |
92.0 |
82.1 |
0.18 |
19.40 |
1.11 |
0.24 |
26.36 |
72,500 |
|
Harford |
933 |
85.6 |
86.0 |
84.6 |
0.08 |
9.62 |
1.01 |
0.10 |
12.22 |
251,233
|
|
Howard |
1,992 |
87.8 |
88.0 |
87.5 |
0.08 |
8.82 |
1.00 |
0.10 |
11.53 |
321,280
|
|
Kent |
122 |
85.3 |
87.0 |
83.6 |
0.14 |
15.96 |
1.02 |
0.19 |
21.89 |
147,245
|
|
Montgomery |
6,675 |
91.4 |
92.0 |
90.5 |
0.08 |
8.91 |
1.01 |
0.11 |
11.97 |
380,155
|
|
Prince George's |
3,705 |
88.2 |
86.0 |
86.2 |
0.11 |
12.88 |
1.02 |
0.16 |
18.05 |
195,000
|
|
Queen Anne's |
407 |
89.4 |
89.0 |
88.5 |
0.09 |
10.39 |
1.01 |
0.12 |
13.52 |
304,900
|
|
St. Mary's |
461 |
85.1 |
83.0 |
82.4 |
0.12 |
14.19 |
1.03 |
0.17 |
20.04 |
207,500
|
|
Somerset |
34 |
83.9 |
84.5 |
72.7 |
0.17 |
19.77 |
1.15 |
0.22 |
26.41 |
96,000 |
|
Talbot |
745 |
89.2 |
90.0 |
87.5 |
0.11 |
11.87 |
1.02 |
0.14 |
16.05 |
237,725
|
|
Washington |
1,168 |
87.7 |
89.0 |
87.3 |
0.09 |
10.36 |
1.00 |
0.12 |
13.20 |
197,500
|
|
Wicomico |
675 |
90.3 |
94.0 |
89.3 |
0.10 |
10.86 |
1.01 |
0.16 |
17.37 |
119,900
|
|
Worcester |
1,093 |
87.3 |
88.0 |
84.9 |
0.10 |
11.16 |
1.03 |
0.14 |
15.53 |
230,000
|
| |
|
|
|
|
|
|
|
|
|
|
|
Statewide |
36,530 |
88.7 |
88.0 |
87.4 |
0.10 |
11.25 |
1.01 |
0.14 |
16.03 |
229,000
|
17-DEC-04 |