Home values in St. Louis County appear to be sliding in the wrong direction.
The county reassesses property values during odd-numbered years. The last full assessment was in 2011, when residential values slid four percent.
STL County reassessment lowers property values
On Monday, County Assessor Jake Zimmerman released some preliminary reassessment figures that indicate that the slide has continued. The figures show median home values have dropped another seven percent since 2011 - with homes in high-foreclosure areas losing 12 percent of their value or more.
Home values rose in only one school district -- Clayton, with declines ranging from 0.2 percent in Kirkwood to 24 percent in Riverview Gardens.
STL County reassessment lowers property values
Commercial property values appear flat across most of the county.
