San Clemente Property Values Behind Countywide Growth

Property values are up 2.55 percent in San Clemente, behind the county average of 3.36 percent but ahead of the statewide average of 2 percent, according to the Orange County Assessor’s office.

The county’s “Assessment Roll of Values” reflects property values as of Jan.  1 and includes both secured property, such as homes, and unsecured property, such as boats, aircraft and other personal property.

“Moving into 2013, however, there are many more areas in the county showing significant recovery in market value and these changes will show up on next year’s rolls,” according to an assessor’s office press release.

If you added up all the real estate value – from a county’s assessor’s standpoint, not a real estate appraiser – the 3,861 San Clemente parcels are worth 12.6 billion. Residents have another $202.6 million in unsecured property.

San Clemente’s growth was slower than 22 other county cities, including neighbors San Juan Capistrano (3.41 percent) and Dana Point (3.17 percent) but ahead of Laguna Niguel’s  2.34 percent.