Norwich — The 2018 revaluation of property reflected the boost in the real estate market and growth in the city in recent years, with an overall increase in the grand list of taxable property of 6.88 percent in all categories combined.

Assessor Donna Ralston turned over the grand list calculated as of Oct. 1, with a total combined value approaching the $2 billion mark at $1,991,263,636, an increase of $128,217,246. Real estate values carried the way, with an overall increase of 8.57 percent, with commercial real estate growing by 17.2 percent and residential values by 3.2 percent.

“It’s about what we expected,” City Manager John Salomone said, “but until you see the numbers, you can’t be sure. It shows some growth and stabilization moving forward. It’s what we’re seeing.”

The values of personal property and motor vehicles both declined slightly in the revaluation, Ralston said. Personal property values totaled $150.5 million, a drop of $1.4 million, or 0.9 percent. Motor vehicle values totaled $191.8 million, a drop of $591,809, or 0.3 percent.

The list of the top 10 property taxpayers in Norwich was not available Wednesday.

c.bessette@theday.com