Collier County's property values dropped nearly 6% to about $215.3 billion in 2026, down from $228.5 billion last year. Despite this, taxable values rose 1.56% to over $167 billion due to new construction, which slowed compared to last year. Market values fell in all cities, reflecting a softer real estate market after years of growth. Tax bills may still increase as they depend on taxable value and millage rates, not just market value.
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