Property Values Fall

The value of all taxable property in Orange County fell nearly $2 billion in the past year. In 23 of 31 cities, total assessed values declined, including Anaheim, which has the most parcels and highest net assessed value. Huntington Beach, rated third at $12.3 billion, posted the only increase among the top five cities. Dollar amounts in billions:

Assessed Percent value change Anaheim $16.1 -0.02 Brea 3.4 0.53 Buena Park 3.6 -0.28 Costa Mesa 7.2 -2.53 Cypress 2.7 0.36 Dana Point 3.5 -3.07 Fountain Valley 3.3 -1.41 Fullerton 6.9 -0.78 Garden Grove 5.9 -0.48 Huntington Beach 12.3 0.12 Irvine 15.2 -3.13 Laguna Beach 3.3 0.75 Laguna Hills 2.3 -0.79 Laguna Niguel 5.2 -1.57 La Habra 2.4 2.47 Lake Forest 3.5 -1.94 La Palma .9 -2.54 Los Alamitos .8 -1.14 Mission Viejo 6.2 -1.20 Newport Beach 11.9 -1.51 Orange 7.5 -2.17 Placentia 2.1 0.77 San Clemente 3.8 -1.73 San Juan Capistrano 2.4 -2.20 Santa Ana 11.0 -3.63 Seal Beach 1.9 -0.48 Stanton 1.1 -3.83 Tustin 3.6 -2.85 Villa Park .6 0.06 Westminster 3.3 0.63 Yorba Linda 4.5 -0.68 Unincorporated 14.2 1.18 Total $172.5 -1.12

Note: Includes both residential and commercial properties. Tax-exempt parcels such as schools and churches not included.

Source: Orange County Assessor