Affordable Housing Data
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Transcript of Affordable Housing Data
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Affordable Housing In the
Upper Valley:
Update 2011
Chelan County Cashmere city Chelan city Entiat city Leavenworth city Wenatchee city
-20%
-10%
0%
10%
20%
30%
40%
50%
60%
70%
9%
3%
10%
16%
-5%
15%17%
0%
22%24%
12%15%
11%
1%
9%
23%
1%
15%
42%
-12%
56%
28%
60%
7%
Change in Population, Housing Units, and Housing Unit Satus: 2000-2010Cities in Chelan County
Population
Housing Units
Occupied Housing Units
Vacant Hous-ing Units
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
1.8%3.3%
5.1%
8.5%
16.7%
2.0%
12.0%
28.5%
8.5%
12.2%
17.8%
38.1% 38.4%
13.2%
9.6%
6.5%
11.1%
7.0%
25.0%
18.9%13.2%
67.7%
38.8%
15.5%
34.3%
74.0%
45.5%
13.7%
Change in Population, Housing Units, and Housing Unit Status: 2000-2010
School Districts in Chelan County
Population
Housing Units
Occupied Housing Units
Vacant Hous-ing Units
Chelan County Cashmere city Chelan city Entiat city Leavenworth city Wenatchee city0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
18%
3%
25%
7%
11%
5%
18%
6%
29%
14%
19%
6%
22%
5%
36%
15%
27%
6%
24%
6%
42%
19%
35%
7%
Housing Unit Vacancy Rates: 1990-2010 and 2020 Projection
Cities in Chelan County
1990200020102020 (Est)
Real Estate MarketIn the Upper Valley
• 219 Residential Properties Listed for Sale (5/16)– Leavenworth, Peshastin, Dryden, Lk
Wenatchee, Steven’s Pass– Single Family Median List Prices (183)
• $465,000 Leavenworth (Range: $109,000-$2.0m)• $349,000 Peshastin/Dryden (Range: $125,000-$1.1m)
− Condo Median List Prices (36)• $259,900 (Range: $173,000-$549,000)
– 40 Properties $250,000 or less• Single Family
• 8 City of Leavenworth• 16 Other Upper Valley
• 16 Condos, Median $219,000
Chelan County Median Resale Q1, 2011: $207,300; Washington State: $228,200
Affordability% Area Median Income
Income Hourly Maximum Home Price
Cash Required
120% $70,320 $33.80 $267,000 $49,000
100% $58,600 $28.20 $227,000 $42,000
80% $46,880 $22.50 $178,000 $33,000
60% $35,160 $16.90 $134,000 $25,000
Based on conventional mortgage, 6.25% fixed for 30 years, no other consumer debt.