San Jose
Santa Clara County property values rise but growth stays under 5%
Property values in Santa Clara County increased faster than last year, with the total net assessed value reaching a record high.
HarshLight / CC BY 2.0, via Wikimedia Commons
Santa Clara County has seen an increase in property values that outpaces last year's growth, according to a recent report from San José Spotlight.
Despite this faster rise, the overall growth rate in property values remains below 5%, reflecting ongoing economic uncertainty and shifts in the real estate market.
The total net assessed value, which includes all real estate and personal property in the county, has reached a record level.
These trends highlight the evolving dynamics in the local housing market, impacting homeowners and potential buyers in the San Jose area.
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