San Mateo County property values hit $326B after below-average year yields 5.75% in growth

San Mateo County property values hit a record high of $325.5 billion at the start of this year, a 5.75% jump from last year’s $307.8 billion valuation.

The increase in assessed values this year marks the 14th consecutive year when the value of San Mateo County’s properties reached a record high, according to the Office of the Assessor-County Clerk-Recorder and Chief Elections Officer Mark Church.