Common Level Ratio (CLR) Real Estate Valuation Factors - Current

[Pages:1]REALTY TRANSFER TAX 2021 COMMON LEVEL RATIO REAL ESTATE VALUATION FACTORS

March 2023

The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board in 2021. These factors are the mathematical reciprocals of the actual common level ratio (CLR). For Pennsylvania Realty Transfer Tax purposes, these factors are applicable for documents accepted from July 1, 2022 to June 30, 2023. The date of acceptance of a document is rebuttably presumed to be its date of execution, that is, the date specified in the body of the document as the date of the instrument (61 Pa. Code ? 91.102).

COUNTY

CLR FACTOR

COUNTY

CLR FACTOR

COUNTY

CLR FACTOR

Adams Allegheny Armstrong Beaver Bedford Berks Blair Bradford Bucks Butler Cambria Cameron Carbon Centre Chester Clarion Clearfield Clinton Columbia Crawford Cumberland Dauphin Delaware

1.14 1.57 2.46 6.76 1.39 2.22 1.16 4.33 13.70 14.08 6.06 4.18 4.12 4.67

2.53 3.44 9.90 1.57 5.78 4.69 1.17 1.91 1.37

Elk Erie Fayette Forest Franklin Fulton Greene Huntingdon Indiana Jefferson Juniata Lackawanna Lancaster Lawrence Lebanon Lehigh Luzerne Lycoming McKean Mercer Mifflin Monroe Montgomery

3.98 1.41 1.93 6.85 10.53 3.76 2.19 6.54 1.06 3.66 9.35 12.20 1.47 1.67

1.39 1.57 1.32 1.79 1.24 6.99 3.51 1.65 2.53

Montour Northampton Northumberland Perry Philadelphia1 Philadelphia1 Pike Potter Schuylkill Snyder Somerset Sullivan Susquehanna Tioga Union Venango Warren Washington Wayne? Wayne? Westmoreland Wyoming York

1.81 4.61 8.20 1.41 1.08a 1.00b 8.26 4.37 3.82 8.40 4.24 1.81 4.52 1.94

1.80 1.52 5.26 1.19 1.75? 1.00 9.09 7.04 1.52

(1) Adjusted by the Department of Revenue to reflect an assessment base change effective January 1, 2023. (a) The previous assessed value and CLRF of 1.08 applies to documents accepted from July 1, 2022 to December 31, 2022. (b) The new assessed value and CLRF of 1.00 applies to documents accepted from January 1, 2023 to June 30, 2023.

(2) Adjusted by the Department of Revenue to reflect an assessment base change effective January 1, 2023. (a) The previous assessed value and CLRF of 1.75 applies to documents accepted from July 1, 2022 to December 31, 2022. (b) The new assessed value and CLRF of 1.00 applies to documents accepted from January 1, 2023 to June 30, 2023.

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