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Orange County PY 2010 - 2015 Consolidated Plan <br /> v ~ o <br />c > <br />:~+ - <br />f0 U c <br />;~ <br />U <br />L- C ~ <br />C z 3 w <br />N U ~ J <br />Q V v~ C = a ~ ' <br />° U <br />~ ~ Y L i <br />L L C ..X <br />~ ~ I ~ L~ <br />~ L <br />L -~ ~ <br />~ <br />: <br />U N i N <br />Vl N C <br />~ ~ <br /> <br />_.___1990 .___75,87.1 14 893 ___ _ 286 2,325 _ _ _36 __ _ 440 5 273 <br />_.~.. <br />,__2000 ' 92,272_ 16 298_; ~_ 457 4,845 - 20 2 312 3,480„ <br />_ 2006-~...._~.._., ___ ~. _ __ <br />2008* 94 631 16 130 461 ' 7 023: 3 525 i -- <br />Sources: Census 1990 Summary Tape File 1, Census 2000 Summary nd 2006-2008 American <br />Community Survey 3-year estima <br />While recent economic conditions have caused h <br />the United States, the housing market downt <br />Orange County relative to other regions. As rte <br />The Triangle Business Journal, "The Tria hi <br />among the best in the country in terms of pric ~ <br />data. The Federal Housing Finance Agency says h <br />increased by 2.96 percent in 2008 at ranks th <br />best in the country. The Durham- " I area a <br />home-price growth of 2.15 percen or <br />FHFA says, home prices fell by 4.5 cent <br />indicators in the housing market, it e s <br />Pprices to many parts of <br />having only al effects on <br />I in e Februa 9 issue of <br />~ arket con es to be <br />g to a new batch of federal <br />rites in the Raleigh-Cary area <br />eigh metropolitan area 18th <br />ed well, placing 28th with <br />hs 'ng Dec. 31. Nationally, <br />" sed on these and other <br />h -the foreclosure crisis in <br />America has had little i n home ces [on verage] in Orange County. <br />Orange <br />County ZIP <br />Code Avg. Listing <br />Price <br />Week ending <br />March 24 Median Sales <br />Price <br />Date range: Dec <br />'09-Feb'10 <br />2 1 $257,362 $134,500 <br />27 $258,003 $243,000 <br />8 $333,747 $159,000 <br />43 $442,601 $185,000 <br />7516 $442,689 $314,000 <br />27514 $466,650 $300,000 <br />27517 $573 211 $235 000 <br />Average: A// <br />ZIPS $396,323 $224,357 <br />Source: Trulia Real Estate Search <br />http://www.trulia.tom/home~rices/North_Carolina/Orange_County-heat map/ <br />1 Triangle Business Journal, "Raleigh and Durham Home Prices Rose Against Tide in 2008." February 24, <br />2009. htto•//www raleiah-wake ora/oaoe/raleiah-and-durham-home-prices rose against tide in 2008 <br />9 <br />Orange County 5-Year Strategic Plan 6 PY 2010 - 2015 <br />