2006

Assessment Ratios Survey Report
 


Transmittal Letter
  

Report Text  

Table 1  

Table 2  

Table 3  

Table 4  

Table 4B  

Table 5  

Table 6




  

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Table IV

2006 Residential Ratio Study

This table shows arms-length sales of improved residential and condominium properties in Group 3 from July 1, 2005, through June 30, 2006.  Ratios compare the Department's January 1, 2006, 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
303
91.5
94.8
88.6
0.12
       12.89
1.03
0.17
18.75
   87,500
Anne Arundel
3,311
90.0
88.2
88.1
0.11
       12.02
1.02
0.16
17.59
 400,000
Baltimore City
4,155
88.8
90.1
86.3
0.18
       20.28
1.03
0.23
26.16
 164,900
Baltimore  
5,480
86.6
84.9
85.0
0.12
       14.41
1.02
0.17
19.96
 200,547
Calvert
828
87.1
85.3
85.8
0.09
       10.71
1.01
0.13
14.90
 288,700
Caroline
144
90.1
88.9
88.4
0.13
       15.00
1.02
0.19
20.55
 194,700
Carroll
1,042
89.4
88.9
88.7
0.10
       11.38
1.01
0.14
15.71
 284,950
Cecil
620
90.7
90.5
90.2
0.08
         9.25
1.01
0.12
13.65
 260,000
Charles
874
87.2
86.1
86.8
0.09
       10.97
1.00
0.13
14.66
 398,263
Dorchester
81
79.4
80.1
78.4
0.16
       19.75
1.01
0.20
25.54
 257,500
Frederick
884
89.5
90.0
88.5
0.09
         9.46
1.01
0.12
13.14
 355,000
Garrett
165
87.8
91.5
87.6
0.13
       13.67
1.00
0.16
18.60
 345,000
Harford
3,087
85.5
85.7
85.7
0.08
         9.27
1.00
0.12
14.23
 239,950
Howard
2,716
91.8
91.9
91.9
0.06
         6.83
1.00
0.09
9.44
 366,250
Kent
86
87.9
86.6
84.5
0.14
       15.59
1.04
0.18
20.48
 262,871
Montgomery
8,738
95.3
95.4
94.8
0.06
         6.07
1.01
0.08
8.78
 375,000
Prince George's
6,697
86.9
84.7
85.4
0.12
       13.83
1.02
0.16
18.89
 257,000
Queen Anne's
453
87.8
89.0
87.5
0.08
         9.38
1.00
0.10
11.87
 359,000
St. Mary's
1,135
89.4
88.2
88.3
0.10
       11.38
1.01
0.15
17.14
 269,900
Somerset
153
83.3
84.5
81.5
0.12
       14.18
1.02
0.15
18.02
 161,500
Talbot
214
87.9
88.6
87.9
0.12
       13.45
1.00
0.16
18.42
 425,000
Washington
378
88.3
87.5
87.4
0.10
       11.92
1.01
0.14
15.63
 245,000
Wicomico
522
87.2
88.2
86.7
0.11
       12.25
1.01
0.14
16.50
 209,900
Worcester
1,299
90.9
91.5
90.2
0.08
         9.25
1.01
0.11
12.39
 375,000
Statewide
43,365
89.6
89.8
89.3
0.10
       11.25
1.00
0.15
16.50
 295,000



State Department of Assessments & Taxation
December 5, 2006