Real Estate Appreciation for Santa Cruz Watsonville, California: + 1.29%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Santa Cruz Watsonville, California MSA appreciation it was + 1.29% (+ 0.43% yearly) from 1994 to 1996.
During the same time period, CA had - 5.06% (- 1.69% yearly).
You can see that the Santa Cruz Watsonville, California MSA experienced higher appreciation in this case.
Santa-Cruz-Watsonville-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 99.55 | - 1.29% | - 5.16% |
| 1994 | 3 | 99.12 | - 0.43% | - 1.73% |
| 1994 | 4 | 98.37 | - 0.76% | - 3.03% |
| 1995 | 1 | 100 | + 1.66% | + 6.63% |
| 1995 | 2 | 100.04 | + 0.04% | + 0.16% |
| 1995 | 3 | 101.26 | + 1.22% | + 4.88% |
| 1995 | 4 | 100.81 | - 0.44% | - 1.78% |
| 1996 | 1 | 102.2 | + 1.38% | + 5.52% |
| 1996 | 2 | 100.87 | - 1.30% | - 5.21% |
| 1996 | 3 | 100.37 | - 0.50% | - 1.98% |
| 1996 | 4 | 102.15 | + 1.77% | + 7.09% |
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 Aptos, California Refinance, or Aptos, California Reverse Mortgages, you could estimate your home value.
If you knew your Aptos, California home was worth $90,000.00 in 1994, you could multiply by + 1.29%, add the gain and see the home should be worth $91,160.14 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 1994 to 1996:
+ 0.43%
Appreciation Comparisons
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
The top 5 performing MSAs from 1994 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Logan-UT-ID, and Pueblo-CO .
- Salt-Lake-City-UT increased + 33.67% from 1994 to the end of 1996
- Ogden-Clearfield-UT increased + 32.69% from 1994 to the end of 1996
- Provo-Orem-UT increased + 30.79% from 1994 to the end of 1996
- Logan-UT-ID increased + 29.11% from 1994 to the end of 1996
- Pueblo-CO increased + 27.92% from 1994 to the end of 1996
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