San Juan Capistrano Property Values up 3.6% on Year

Property values are up 3.41 percent in San Juan Capistrano, slightly ahead of the county average of 3.36 percent and 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 12,818 San Juan Capistrano parcels are worth $5.9 billion. Residents have another $114 million in unsecured property.

Thirteen other communities’ property values grew at a faster rate, but San Juan beat out all South OC neighbors except Laguna Beach