The San Francisco Bay Area leads the state in assessed residential and commercial property values, with a total roll of $1.417 trillion in 2015-16. During 2014-15, the 10 Bay Area counties’ total assessment roll stood at $1.317 trillion. Among theses counties Santa Clara County posted the largest growth.
- Seven Bay Area counties saw assessed property values rise by roughly 7 percent or more.
- Property values in the 10 Bay Area counties rose collectively by 7.6 percent year-over-year.
- Only two counties statewide saw a year-over-year drop in property values.