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 + 41.42% (+ 13.81% yearly).

All of the property in CA averaged + 22.98% change in value (+ 7.66% yearly).

San-Jose-Sunnyvale-Santa-Clara-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1999 1 139.85 + 1.18% + 4.72%
1999 2 143.96 + 2.94% + 11.76%
1999 3 151.06 + 4.93% + 19.73%
1999 4 156.64 + 3.69% + 14.78%


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 $96,000.00 in 1997, you could multiply by + 41.42%, add the gain and see the home should be worth $135,765.98 in 1999. 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 1999:
+ 13.81%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 1999 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Ithaca-NY, and Reading-PA .

  1. Honolulu-HI decreased by - 5.64% between 1997 and 1999
  2. Williamsport-PA decreased by - 0.53% between 1997 and 1999
  3. Buffalo-Niagara-Falls-NY only increased + 0.14% between 1997 and 1999
  4. Ithaca-NY only increased + 0.26% between 1997 and 1999
  5. Reading-PA only increased + 1.79% between 1997 and 1999

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 94022 - LOS ALTOS, CA

MSA Pop: 1734721
Zip Pop: 18466
Avg Value: 1000001
County: SANTA CLARA
Elev: 87
Region: West
Lat: 37.36656
Long: -122.13696