Real Estate Appreciation for San Jose Sunnyvale Santa Clara, California: + 24.79%
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 + 24.79% (+ 12.40% yearly).
All of the property in CA averaged + 14.27% change in value (+ 7.14% yearly).
San-Jose-Sunnyvale-Santa-Clara-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 115.68 | + 4.44% | + 17.77% |
| 1997 | 3 | 119.21 | + 3.05% | + 12.21% |
| 1997 | 4 | 122.24 | + 2.54% | + 10.17% |
| 1998 | 1 | 125.92 | + 3.01% | + 12.04% |
| 1998 | 2 | 131.14 | + 4.15% | + 16.58% |
| 1998 | 3 | 136.27 | + 3.91% | + 15.65% |
| 1998 | 4 | 138.22 | + 1.43% | + 5.72% |
Some of the ways peope use our appreciation data for San Jose Sunnyvale Santa Clara, California include real estate investment .
Lets look at Los Altos, California, a city located in San Jose Sunnyvale Santa Clara, California MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in California check out Spec-Loan.com
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 $95,000.00 in 1997, you could multiply by + 24.79%, add the gain and see the home should be worth $118,552.73 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Jose-Sunnyvale-Santa-Clara-CA from 1997 to 1998:
+ 12.40%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
- San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
- Gadsden-AL increased + 14.96% from 1997 to the end of 1998
- Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 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