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11 <br /> 1 Slide #12 <br /> Sales Ratio — Within Standards <br /> Sales Ratio Chart—Assessment Ratios by Sale Price <br /> --- Ideal A%Sessmenl Raga-1.04 x <br /> 1.15 <br /> X x <br /> 1.30 x z <br /> X x x xx <br /> X <br /> X x <br /> x x x <br /> ck 1.05 x x x <br /> x <br /> ai x x x x x <br /> min x x x x x <br /> y F M <br /> 1.06 ---------------------- -----------------------------x <br /> yN X x % xx xx x <br /> eT q <br /> x <br /> 0..9'5 x x x x x x % <br /> x x <br /> x <br /> 0.90 x <br /> 0.85 <br /> X <br /> $100.000 $250.000 $400.000 5550.000 5700,000 $850,000 51.006.000 <br /> Sale Price <br /> 12 <br /> ORANGE A COUNTY <br /> OTANA2 <br /> 3 Nancy Freeman said slide #12 was an example. She said that the chart showed the <br /> 4 majority of the sales are at the same level. <br /> 5 <br /> 6 Slide #13 <br /> Performance Measures — Coefficient of Dispersion <br /> Coefficient of Dispersion is used to measure uniformity in a sales <br /> ratio study. A high COD indicates a large variance between the <br /> highest ratios and the lowest ratios compared to the median. A low <br /> COD represents conformity amongst the county. <br /> COD standards vary by strata, which is the division of properties into <br /> distinct groups or categories for mass appraisal purposes. <br /> • Single-family homes and condominiums (urban and suburban) <br /> Newer or homogenous market areas: 5.0 to 1 0.0 <br /> • Older or heterogenous market areas: 5.0 to 15.0 <br /> GRANGE COUNTY <br /> 1.3 NORTH CAROLINA <br /> 7 <br /> 8 <br /> 9 <br />