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2025LocalBoardofAppeal& Equalization <br />HOWESTIMATED MARKETVALUES(EMV) AREDETERMINED <br />The2025valuesaredeterminedusing"qualifiedÒ salesthattookplace between <br />October1,2023andSeptember30,2024 <br />59 residential sales, of those 48 were ÑqualifiedÒ; number of sales similar tolast year <br />2 commercial sales, 1 qualified <br />Ratios are calculated by dividing the 2024 EMV by the adjusted sale price <br />Example: 2024 EMV $300,000 ÷Sale Price $345,000 = 87% is the ratio <br />Themedianratioisdeterminedandmustbewithinrangeof90%-105% <br />Valuesareincreasedordecreasedtofallwithinthisrange <br />16 <br /> <br />