YEAR’S MEDIAN SALES PRICES FOR A SINGLE-FAMILY AND A CONDO IN ROCKLAND? $307K single-family $270K single-family $191K condo $220K condo $355K single-family $373K single-family $280K condo $280K condo
YEAR’S MEDIAN SALES PRICES FOR A SINGLE-FAMILY AND A CONDO IN ROCKLAND? $307K single-family $270K single-family $191K condo $220K condo $355K single-family $373K single-family $280K condo $280K condo
spend >30% 1 in 5 spend more than 50% on housing AGING POPULATION growing from 32% to 45% of total householders between 2010 and 2030 HOUSING DEMAND & OPTIONS seniors’ changing needs/preferences younger householders entering market demand 2010-2020 165 new multifamily units 156 new single family units TOWN SHI COMPLIANCE 6.4% in Town Subsidized Housing Inventory -below minimum10% 35 to 37 min. annual units for Ch. 40B relief between 2016 and 2021 AFFORDABILITY GAP $75K differential – 2019 median condo $280K -median single-family $355K condo more accessible to younger adults condos can appeal to downsizers CONSIDERING NEEDS & DEMAND? HOUSING STOCK 65% single family 8% two-family 7% three/four units 20% multifamily ACS 5-Year Estimate 2010-2014 NON-FAMILY HOUSEHOLDS 1 out of 3 households 3rd highest proportion in subregion
LOCAL SITING OF SUITABLE AREAS? ANNUAL PRODUCTION TARGETS FOR LOCAL CONTROL TOWN SHI COMPLIANCE 6.4% in Town Subsidized Housing Inventory below minimum10% 35 to 37 min. annual units for Ch. 40B relief between 2016 and 2021
CAPACITY INCREASE for HOUSING OPTIONS & DOWNTOWN REVITALIZATION? RESTAURANTS & MIXED-USE/RESIDENTIAL REQUIRE MORE TREATED GALLONS PER DAY SEWER COMMISSION