Real Estate Appreciation for San Jose Sunnyvale Santa Clara, California: + 24.40%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- San Jose Sunnyvale Santa Clara, California: + 24.40%
- State of CA: + 14.87%
- Difference: + 64.03%
San-Jose-Sunnyvale-Santa-Clara-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
Lets look at Los Altos, California, a city located in San Jose Sunnyvale Santa Clara, California MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $97,000.00 in 1998, you could multiply by + 24.40%, add the gain and see the home should be worth $120,664.55 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 1998 to 1999:
+ 12.20%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1998 to 1999 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Scranton-Wilkes-Barre-PA, Grand-Forks-ND-MN, and Midland-TX .
- Honolulu-HI decreased by - 2.52% between 1998 and 1999
- Buffalo-Niagara-Falls-NY decreased by - 2.49% between 1998 and 1999
- Scranton-Wilkes-Barre-PA decreased by - 2.23% between 1998 and 1999
- Grand-Forks-ND-MN decreased by - 2.16% between 1998 and 1999
- Midland-TX decreased by - 1.40% between 1998 and 1999
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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