El Dorado County Property Values Slipped 0.4% to $25.5 Billion

Sacramento County continues to lag nearly every other part of the state in property values, according to figures released Friday by the state Board of Equalization.

The estimated value of property in Sacramento county for 2012-13 is $117.6 billion, down 2.9 percent from the previous year and nearly 14.7 percent from 2008-09. Only two other counties — Tehama and Calaveras — posted bigger year-over-year declines.

Statewide, assessed valuation was up 1.4 percent from the prior year to $4.4 trillion. Yolo, Placer and El Dorado counties also posted year-over-year declines, but by smaller margins:

    Yolo County property values dipped 0.3 percent, to $20.3 billion.
    Placer County property values also were down 0.3 percent, to $52.9 billion.
    El Dorado County property values slipped 0.4 percent to $25.5 billion.

Greatest increases statewide were seen in Kern County (up 7.2 percent), Colusa County (up 5.3 percent) and San Francisco (up 4.0 percent.) See Here for complete data: http://www.bizjournals.com/sacramento/news/2012/09/24/sacramento-propert...