How Do Your HOA Dues Compare?
Yalnes, an Urban Living advertiser, sent me a slide deck with some numbers on their business, which included some industry numbers I thought some of you might find interesting:
- $0.64 is the average monthly assessment owners in Seattle pay to their Condominium Associations per square foot
- $0.52 is the average monthly assessment owners in Puget Sound pay to their Condominium Associations per square foot
- 2.38% is the average delinquency rate Yalnes maintains for its clients in Seattle
- 6.24% is the average delinquency rate Yalnes maintains for its clients in Puget Sound
- 73% is the average owner occupancy ratio of all Yalnes clients
- 13% is the average insurance premium Yalnes clients pay as compared to their annual budget
- 19% is the average reserve contribution Yalnes clients allocate as compared to their annual budget
