Real Estate Appreciation for Santa Cruz Watsonville, California: +149.81%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Santa Cruz Watsonville, California MSA appreciated +149.81% (+ 12.48% yearly) between 1993 and the end of 2004.
The state of CA had +132.62% total appreciation (+ 11.05% yearly).
The Santa Cruz Watsonville, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 12.97% faster than the state as a whole.
Santa-Cruz-Watsonville-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Santa-Cruz-Watsonville-CA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in California, you can do some research at Spec-Loan.com.
If you were going to do a Davenport, California Refinance, or Davenport, California Reverse Mortgages, you could estimate your home value.
If you knew your Davenport, California home was worth $97,000.00 in 1993, you could multiply by +149.81%, add the gain and see the home should be worth $242,315.59 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 1993 to 2004:
+ 12.48%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 2004 were Barnstable-Town-MA, Salinas-CA, San-Diego-Carlsbad-San-Marcos-CA, Napa-CA, and Ocean-City-NJ .
- Barnstable-Town-MA increased +183.32% from 1993 to the end of 2004
- Salinas-CA increased +182.48% from 1993 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased +170.10% from 1993 to the end of 2004
- Napa-CA increased +156.08% from 1993 to the end of 2004
- Ocean-City-NJ increased +153.55% from 1993 to the end of 2004
In contrast, the worst 5 MSAs from 1993 to 2004 were Binghamton-NY, Rochester-NY, Utica-Rome-NY, Buffalo-Niagara-Falls-NY, and Elmira-NY .
- Binghamton-NY only increased + 16.01% between 1993 and 2004
- Rochester-NY only increased + 26.02% between 1993 and 2004
- Utica-Rome-NY only increased + 28.96% between 1993 and 2004
- Buffalo-Niagara-Falls-NY only increased + 29.30% between 1993 and 2004
- Elmira-NY only increased + 30.31% between 1993 and 2004
Zip Code in MSA: 95017 - DAVENPORT, CA
MSA Pop: 251584Zip Pop: 850
Avg Value: 350000
County: SANTA CRUZ
Elev: 17
Region: West
Lat: 37.04835
Long: -122.220699