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Attachment 3B <br /> <br />Educational Facilities Impact Fees <br />Fees in Relationship to New Single Family Dwelling Sales Prices <br />Chapel Hill - Carrboro City Schools District <br />New SF 2001 Impact Fee 2007 2008 Impact <br />detached (217 closed ($4,407) % of (74 closed Fee if at same <br />dwellin sales Price sales % as 2001 <br />Average $393,445 1.12 $805,707 $9,024 <br />Sales Price <br />Median $364,900 1.21 $764,394 $9,249 <br />Sales Price <br />Source of data: MLS closed sale date for Average; proprietary appraisal <br />software for Median, using MLS data. It should be noted that all sales are not <br />entered into the MLS. <br />Orange County Schools District <br />New SF 2001 Impact Fee 2007 2008 Impact <br />detached (95 closed ($3,000) % of (110 closed Fee if at same <br />dwellin sales Price sales % as 2001 <br />Average $233,626 1.28 $337,775 $4,324 <br />Sales Price <br />Median $228,000 1.32 $284,968 $3,762 <br />Sales Price <br />Source of data: MLS closed sale date for Average; proprietary appraisal <br />software for Median, using MLS data. It should be noted that all sales are not <br />entered into the MLS. <br />