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Jericho committee to publish 2025 new‑build data showing most homes priced well above town median
Summary
The Affordable Housing Committee reviewed a spreadsheet documenting 13 homes permitted or completed in 2025 and agreed to post a sanitized summary on the town website; members noted most new builds were single‑family and sold for well above Jericho’s median sale price, underscoring gaps for middle‑income housing.
The Affordable Housing Committee on Feb. 10 agreed to publish a brief summarizing homes built in 2025 after committee members completed a peer review of the underlying spreadsheet and agreed to remove exact addresses and parcel IDs.
Committee members said the tally covers 13 homes with certificates of occupancy in 2025, the majority of which were single‑family new builds. "No surprise to anybody that a majority of the things that were built were somewhere between 700,000 and and over a million dollars," the Chair said, adding that the findings show how far the town is from middle‑income housing.
Chuck, who helped compile the spreadsheet, explained the figures come from three sources: the sale price when a house was built on spec, the lot purchase price plus values reported on zoning permits for construction, or asking price when a house remains for sale. He cautioned permit values can understate actual construction costs. "It's either what the house sold for or a combination of the lot price and what people put on the zoning permit," Chuck said.
Members asked that each row be annotated to show whether the number is a sale price, a permit estimate or an asking price. They also agreed to remove exact house numbers and parcel identification before posting while keeping street names in some form for geographic context. "I suggest that we take the exact addresses out just that that column E," Frederica said during the meeting; other members agreed removing parcel IDs and house numbers would reduce privacy concerns while leaving useful location context.
The committee also discussed where to host the summary and agreed the affordable housing committee page of the town website was the primary destination. Staff member Sabina was asked to post a PDF version after committee edits; Frederica volunteered to draft a short explanatory note linking to the full spreadsheet for researchers and to a public forum (Front Porch Forum) for broader outreach.
The committee emphasized transparency about data provenance in the public post: each figure should be labeled as "sale price," "permit value" or "asking price" and any gaps should be noted. The Chair said the numbers reinforce the committee’s view that the town has not produced much middle‑income housing in recent years. The committee did not vote formally on the posting method but reached consensus on the edits and distribution plan.
Next steps: Chuck will update the spreadsheet to add source notes for each row; Frederica will draft the outreach post; Sabina will be asked to post the PDF to the town website once edits are complete.
