Real Estate Appreciation for San Jose Sunnyvale Santa Clara, California: + 22.24%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how San Jose Sunnyvale Santa Clara, California did compared to the state as a whole.
The San Jose Sunnyvale Santa Clara, California MSA property value change was + 22.24% (+ 7.41% yearly).
All of the property in CA averaged + 6.37% change in value (+ 2.12% yearly).
San-Jose-Sunnyvale-Santa-Clara-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1995 | 2 | 101.17 | + 1.17% | + 4.68% |
| 1995 | 3 | 102.09 | + 0.91% | + 3.64% |
| 1995 | 4 | 102.55 | + 0.45% | + 1.80% |
| 1996 | 1 | 103.03 | + 0.47% | + 1.87% |
| 1996 | 2 | 104.48 | + 1.41% | + 5.63% |
| 1996 | 3 | 106.41 | + 1.85% | + 7.39% |
| 1996 | 4 | 107.98 | + 1.48% | + 5.90% |
| 1997 | 1 | 110.76 | + 2.57% | + 10.30% |
| 1997 | 2 | 115.68 | + 4.44% | + 17.77% |
| 1997 | 3 | 119.21 | + 3.05% | + 12.21% |
| 1997 | 4 | 122.24 | + 2.54% | + 10.17% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Los Altos, California Refinance, or Los Altos, California Reverse Mortgages, you could estimate your home value.
If you knew your Los Altos, California home was worth $92,000.00 in 1995, you could multiply by + 22.24%, add the gain and see the home should be worth $112,460.80 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Jose-Sunnyvale-Santa-Clara-CA from 1995 to 1997:
+ 7.41%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 1997 were Bay-City-MI, Ogden-Clearfield-UT, Salt-Lake-City-UT, Battle-Creek-MI, and Portland-Vancouver-Beaverton-OR-WA .
- Bay-City-MI increased + 25.65% from 1995 to the end of 1997
- Ogden-Clearfield-UT increased + 25.40% from 1995 to the end of 1997
- Salt-Lake-City-UT increased + 24.43% from 1995 to the end of 1997
- Battle-Creek-MI increased + 24.38% from 1995 to the end of 1997
- Portland-Vancouver-Beaverton-OR-WA increased + 23.69% from 1995 to the end of 1997
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
Zip Code in MSA: 94022 - LOS ALTOS, CA
MSA Pop: 1734721Zip Pop: 18466
Avg Value: 1000001
County: SANTA CLARA
Elev: 87
Region: West
Lat: 37.36656
Long: -122.13696