July 05, 2012 4:08 PM
From Staff Reports
SAN BERNARDINO • Victor Valley property values saw smaller declines in the past year while property values in San Bernardino County saw increases for the first time in three years, according to the 2011-12 property assessment roll signed this week by Assessor Dennis Draeger.
Property values in San Bernardino County jumped by 0.8 percent as compared to 2010-11, the assessor reported. The county’s 818,092 parcels on the roll are valued at $162.7 billion.
Adelanto property values saw the greatest increase in the Victor Valley, up 1.9 percent from this time last year.
Property values in Hesperia, Victorville and Apple Valley saw less than 1 percent declines, significantly smaller than the average 10 percent drop these properties saw in 2010.
Draeger said the assessment roll showed a “relative stabilization in the market value of real estate in San Bernardino County.” He said even though many property owners lost value in their real property, they were not losing value at the same rate as in the past three fiscal years.
To see your own property values or view a complete list of each city’s assessed values, visit www.sbcounty.gov/assessor.
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