COVID economy: Santa Clara County property value growth slows

COVID economy: Santa Clara County property value growth slows

3 years ago
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https://www.siliconvalley.com/2021/07/01/covid-economy-santa-clara-county-property-value-slows-real-estate/

SAN JOSE — The sizzling growth of assessed property values in Santa Clara County slowed amid economic shocks unleashed by the coronavirus, the County Assessor’s Office reported Thursday.

The total assessment roll for properties in Santa Clara County for 2021 came in at $576.9 billion, according to the Assessor’s Office. That was 4.6% higher than the total assessment roll for 2020. But that increase was smaller than the pattern in recent years, this news organization’s analysis of the county reports shows.