Report: Property values get a boost

The value of real estate in Prince George’s County rose at a higher rate than any other Maryland county over the past three years, far outpacing Montgomery, according to new data from the Maryland Department of Assessments and Taxation.

According to the report, Prince George’s County properties, which were last assessed in 2004, increased a total of 51.6 percent, while the statewide average increase for the same three-year-period was 33.2 percent, and Montgomery County’s increase was 16.2 percent. Only Baltimore City had a higher property value increase, with 75.0 percent.