Real Estate Appreciation for San Jose Sunnyvale Santa Clara, California: + 23.48%
Appreciation for MSAs:.
Let's start by comparing San Jose Sunnyvale Santa Clara, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 23.48% (+ 7.83% yearly) for the San Jose Sunnyvale Santa Clara, California MSA.
The entire state of CA had + 57.58% appreciation (+ 19.19% yearly).
The state average for California was higher than the real estate appreciation in the San Jose Sunnyvale Santa Clara, California MSA. This means the conditions in the MSA for real estate investment were worse by +145.19%.
San-Jose-Sunnyvale-Santa-Clara-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 209.22 | + 2.53% | + 10.13% |
| 2002 | 3 | 212.96 | + 1.79% | + 7.15% |
| 2002 | 4 | 214.76 | + 0.85% | + 3.38% |
| 2003 | 1 | 214.72 | - 0.02% | - 0.07% |
| 2003 | 2 | 214.14 | - 0.27% | - 1.08% |
| 2003 | 3 | 214.75 | + 0.28% | + 1.14% |
| 2003 | 4 | 218.94 | + 1.95% | + 7.80% |
| 2004 | 1 | 221.98 | + 1.39% | + 5.55% |
| 2004 | 2 | 230.65 | + 3.91% | + 15.62% |
| 2004 | 3 | 246.26 | + 6.77% | + 27.07% |
| 2004 | 4 | 251.97 | + 2.32% | + 9.27% |
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 $106,000.00 in 2002, you could multiply by + 23.48%, add the gain and see the home should be worth $130,893.51 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Jose-Sunnyvale-Santa-Clara-CA from 2002 to 2004:
+ 7.83%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
In contrast, the worst 5 MSAs from 2002 to 2004 were Jackson-TN, Ogden-Clearfield-UT, Austin-Round-Rock-TX, Lafayette-IN, and Burlington-NC .
- Jackson-TN only increased + 4.30% between 2002 and 2004
- Ogden-Clearfield-UT only increased + 4.40% between 2002 and 2004
- Austin-Round-Rock-TX only increased + 4.43% between 2002 and 2004
- Lafayette-IN only increased + 4.95% between 2002 and 2004
- Burlington-NC only increased + 5.39% between 2002 and 2004
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