Home Sales Push Santa Clara County Roll to $760.1B as Commercial Appeals Hit $153.6B

Santa Clara County's taxable property base climbed to a record $760.1 billion for 2026-27, a 4.7 percent gain powered by home sales that outpaced last year's growth, even as a near-tripling of Proposition 8 reductions and $153.6 billion in mostly commercial appeals exposed the soft underbelly of Silicon Valley's office stock.