Real Estate Appreciation for Santa Cruz Watsonville, California: + 20.64%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Santa Cruz Watsonville, California did compared to the state as a whole.
The Santa Cruz Watsonville, California MSA property value change was + 20.64% (+ 10.32% yearly).
All of the property in CA averaged + 14.27% change in value (+ 7.14% yearly).
Santa-Cruz-Watsonville-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 104.8 | + 1.37% | + 5.49% |
| 1997 | 3 | 109.08 | + 4.08% | + 16.34% |
| 1997 | 4 | 110.04 | + 0.88% | + 3.52% |
| 1998 | 1 | 113.8 | + 3.42% | + 13.67% |
| 1998 | 2 | 118.35 | + 4.00% | + 15.99% |
| 1998 | 3 | 121.96 | + 3.05% | + 12.20% |
| 1998 | 4 | 124.72 | + 2.26% | + 9.05% |
There are a lot of ways to use the appreciation data for Santa Cruz Watsonville, California .
Lets look at Aptos, California, a city located in Santa Cruz Watsonville, 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 Aptos, California 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 $95,000.00 in 1997, you could multiply by + 20.64%, add the gain and see the home should be worth $114,610.18 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 1997 to 1998:
+ 10.32%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Diego-Carlsbad-San-Marcos-CA, Gadsden-AL, and Waterloo-Cedar-Falls-IA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.79% from 1997 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 20.64% from 1997 to the end of 1998
- San-Diego-Carlsbad-San-Marcos-CA increased + 16.27% from 1997 to the end of 1998
- Gadsden-AL increased + 14.96% from 1997 to the end of 1998
- Waterloo-Cedar-Falls-IA increased + 13.76% from 1997 to the end of 1998
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
Zip Code in MSA: 95001 - APTOS, CA
MSA Pop: 251584Zip Pop: 0
Avg Value: 0
County: SANTA CRUZ
Elev: 17
Region: West
Lat: 36.97902
Long: -121.89798