30.01.2015 Views

Ottawa County Equalization Department 2011 Annual Report

Ottawa County Equalization Department 2011 Annual Report

Ottawa County Equalization Department 2011 Annual Report

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

According To The Numbers<br />

Sales Studies 14<br />

Analysis of the market begins with sales<br />

<br />

Sales Entered in the Equalizer database<br />

All classes of property<br />

(December 1 through November 30)<br />

2000 - 11,136 2004 - 13,911 2008 - 12,265<br />

2001 - 12,640 2005 - 12,471 2009 - 11,841<br />

2002 - 13,749 2006 - 11,856 2010 - 10,816<br />

2003 - 14,409 2007 - 12,224 <strong>2011</strong> - 10,594<br />

Results of Residential Sales Studies<br />

(No new/loss)<br />

Study Percent of Sales # # of 1 Yr<br />

Year Change 2 yr period Use Studies<br />

2002 for 2003Eq 6.55% 8,799 8,799 0<br />

2003 for 2004 Eq 4.78% 8,989 8,989 0<br />

2004 for 2005 Eq 5.09% 8,868 8,868 0<br />

2005 for 2006 Eq 6.07% 8,478 8,478 0<br />

2006 for 2007 Eq 4.66% 8,006 8,006 0<br />

2007 for 2008 Eq 1.14% 7,101 5,716 8<br />

2008 for 2009 Eq -3.42% 5,867 2,568 19<br />

2009 for 2010 Eq -6.61% 3,676 1,638 22<br />

2010 for <strong>2011</strong> Eq -3.52% 4,086 2,333 19<br />

<strong>2011</strong> for 2012 Eq -2.84% 4,562 2,208 19

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!