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<br />Pine Brook District (cont.d) <br />Page two <br /> <br />(al Median family income for the district should be about $40,000. <br /> <br />(b) For twenty-one houses sold, the average price was $135,330 and the <br /> <br />square footage was 2,350 feet. <br /> <br />(c) For lO pieces of land sold, the average price was $37,710 and the <br /> <br />average acreage was 2.5 acres. <br /> <br />The staff would like to request the Board's input as to whether the state <br /> <br />should participate in a feasibility study which would be addressing the issues <br /> <br />identified above. <br /> <br />JWM: pm <br />