Real Estate Appreciation for San Jose Sunnyvale Santa Clara, California: + 2.60%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case San Jose Sunnyvale Santa Clara, California MSA appreciated + 2.60% (+ 1.30% yearly) for the period between 2001 and the end of 2002.
The state had + 20.84% total appreciation (+ 10.42% yearly).
The state average for California was higher than the real estate appreciation in the San Jose Sunnyvale Santa Clara, California MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +701.97% faster than this MSA.
San-Jose-Sunnyvale-Santa-Clara-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 213.35 | + 1.93% | + 7.70% |
| 2001 | 3 | 210.03 | - 1.56% | - 6.22% |
| 2001 | 4 | 203.98 | - 2.88% | - 11.52% |
| 2002 | 1 | 204.05 | + 0.03% | + 0.14% |
| 2002 | 2 | 209.22 | + 2.53% | + 10.13% |
| 2002 | 3 | 212.96 | + 1.79% | + 7.15% |
| 2002 | 4 | 214.76 | + 0.85% | + 3.38% |
There are a lot of ways to use the appreciation data for San Jose Sunnyvale Santa Clara, California .
Lets look at Los Altos, California, a city located in San Jose Sunnyvale Santa Clara, California MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Los Altos, 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 $103,000.00 in 2001, you could multiply by + 2.60%, add the gain and see the home should be worth $105,676.86 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Jose-Sunnyvale-Santa-Clara-CA from 2001 to 2002:
+ 1.30%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2001 to 2002 were Jacksonville-NC, Provo-Orem-UT, Ogden-Clearfield-UT, Lewiston-ID-WA, and Columbus-IN .
- Jacksonville-NC only increased + 1.98% between 2001 and 2002
- Provo-Orem-UT only increased + 2.30% between 2001 and 2002
- Ogden-Clearfield-UT only increased + 2.59% between 2001 and 2002
- Lewiston-ID-WA only increased + 2.59% between 2001 and 2002
- Columbus-IN only increased + 2.60% between 2001 and 2002
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