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<br />Section V. County Profile (Data) Element Orange County Comprehensive Plan
<br />B3h~ Table: Average Re i~onal Housing Sales Price Trends, 1995-2005
<br />
<br />Year:
<br />Orartige
<br />Durham_ .
<br />Wake Tota Avg..
<br />Price
<br />1995 $171,038 $123,266 $158,431 $150,912
<br />1996 $192,144 $130,749 $162,474 $161,789
<br />1997 $197,071 $138,876 $170,170 $168,706
<br />1998 $209,208 $143,529 $175,039 $175,925
<br />1999 $218,875 $146,795 $187,217 $184,296
<br />2000 $235,633 $156,568 $199,362 $197,188
<br />2001 $249,226 $162,913 $204,374 $205,504
<br />2002 $261,895 $163,462 $212,567 $212,641
<br />2003 $280,592 $173,844 $212,382 $222,273
<br />2004 $298,883 $171,071 $221,903 $230,619
<br />2005 $320 489 $181,162 $235 615 $245 756
<br />%Change
<br />1995-2005 87.4% 47.0% 48.7% 62.8%
<br />Notes and Sources:
<br />Source: Triangle MLS
<br />Data compiled by Chapel Hill Planning Department
<br />Chart: Average Re ig onal Housine Sales Price Trends, 1995-2005
<br />3350,000
<br />$300.OrN1
<br />-8250,000
<br />$200,000
<br />i
<br />
<br />f
<br />~e
<br />~ -~~ The price gap Is widening
<br />
<br />s ~'~~
<br />r.
<br />/°~
<br />
<br />~~ ~~ .
<br />. ~
<br />r -~ ~ ~~ . .
<br />i ~ ~ ~-
<br />1995'- 1996 1997 -. 1998 1999~> 2000 ~. 2001 2002 2003:- 2004 2005
<br />- Orange ~ Durham Wake
<br />3150,000
<br />$100 OOO
<br />Source: Triangle MLS
<br />As of 9/19/07
<br />B3.6
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