San Mateo County Assessor Mark Church today announced the County’s Property Assessment Roll increased year-over-year by $22.2 billion, or 8.34%, to a record high of over $288.0 billion in assessed value.
“2021 marked yet another record year of Roll growth for San Mateo County,” said Church. “Similar to 2020, this year’s increase was again largely due to record-setting single family home values driven by strong demand for homes that continued as we came out of the pandemic. Moreover, commercial values have also recovered significantly and contributed to the increase.”
Read the news release on the Assessor's website.
The news release includes details on the secured and unsecured rolls, commercial development and other key information, including media contacts for further information.