After posting the factoid regarding how Ada County arrives at appraised value, it was no surprise to get another view from a private appraiser.
“I do not know where the Assessor obtained the apparent low (-4.0%) median value decline for Ada County single family residences. The data from Multiple Listing Service indicates the median value for single family residences declined 9.76% from the 4th quarter 2007 to the 4th quarter 2008. The data and chart below represents all Ada County single family residential sales on sites less than 5 acres.
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