Real Estate Appreciation for Santa Cruz Watsonville, California: + 43.75%
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 Santa Cruz Watsonville, California MSA appreciated + 43.75% (+ 14.58% yearly) for the period between 1979 and the end of 1981.
The state had + 38.59% total appreciation (+ 12.86% yearly).
The Santa Cruz Watsonville, California MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Santa-Cruz-Watsonville-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1979 | 2 | 36.55 | + 6.31% | + 25.25% |
| 1979 | 3 | 38.08 | + 4.19% | + 16.74% |
| 1979 | 4 | 39.5 | + 3.73% | + 14.92% |
| 1980 | 1 | 42.12 | + 6.63% | + 26.53% |
| 1980 | 2 | 41.55 | - 1.35% | - 5.41% |
| 1980 | 3 | 42.66 | + 2.67% | + 10.69% |
| 1980 | 4 | 45.93 | + 7.67% | + 30.66% |
| 1981 | 1 | 45.47 | - 1.00% | - 4.01% |
| 1981 | 2 | 47.11 | + 3.61% | + 14.43% |
| 1981 | 3 | 47.13 | + 0.04% | + 0.17% |
| 1981 | 4 | 49.42 | + 4.86% | + 19.44% |
Lets look at Aptos, California, a city located in Santa Cruz Watsonville, 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 Aptos, California Refinance, or Aptos, California Reverse Mortgages, you could estimate your home value.
If you knew your Aptos, California home was worth $60,000.00 in 1979, you could multiply by + 43.75%, add the gain and see the home should be worth $86,247.82 in 1981. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 1979 to 1981:
+ 14.58%
Appreciation Comparisons
The top 5 performing MSAs from 1979 to 1981 were San-Jose-Sunnyvale-Santa-Clara-CA, Oxnard-Thousand-Oaks-Ventura-CA, Santa-Cruz-Watsonville-CA, Vallejo-Fairfield-CA, and Sacramento-Arden-Arcade-Roseville-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 52.33% from 1979 to the end of 1981
- Oxnard-Thousand-Oaks-Ventura-CA increased + 43.77% from 1979 to the end of 1981
- Santa-Cruz-Watsonville-CA increased + 43.75% from 1979 to the end of 1981
- Vallejo-Fairfield-CA increased + 43.37% from 1979 to the end of 1981
- Sacramento-Arden-Arcade-Roseville-CA increased + 41.70% from 1979 to the end of 1981
In contrast, the worst 5 MSAs from 1979 to 1981 were Honolulu-HI, Eugene-Springfield-OR, Pueblo-CO, Pittsburgh-PA, and Milwaukee-Waukesha-West-Allis-WI .
- Honolulu-HI decreased by - 30.81% between 1979 and 1981
- Eugene-Springfield-OR decreased by - 21.94% between 1979 and 1981
- Pueblo-CO decreased by - 4.73% between 1979 and 1981
- Pittsburgh-PA decreased by - 2.74% between 1979 and 1981
- Milwaukee-Waukesha-West-Allis-WI decreased by - 0.94% between 1979 and 1981
Zip Code in MSA: 95003 - APTOS, CA
MSA Pop: 251584Zip Pop: 24225
Avg Value: 414600
County: SANTA CRUZ
Elev: 17
Region: West
Lat: 36.99264
Long: -121.87674