Saturday, July 9, 2016

Saturday Stats: the San Jose Metro is worth $419 billion

Thanks to soaring property values and new flagship office developments, the value of all real estate in Santa Clara County has hit $419 billion. That is $30.9 billion more than 2015 (7.9% increase). The biggest increases in assessed property value came from Mountain View, Santa Clara, and Cupertino (due to Apple Campus II). San Jose proper appreciated at a respectable 7% which unincorporated parts of the county saw the least appreciation at 0.89%.

Source: SVBJ

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