Real Estate Appreciation for Santa Cruz Watsonville, California: + 41.11%
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 + 41.11% (+ 13.70% yearly).
All of the property in CA averaged + 22.98% change in value (+ 7.66% 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% |
| 1999 | 1 | 126.75 | + 1.63% | + 6.51% |
| 1999 | 2 | 130.85 | + 3.23% | + 12.94% |
| 1999 | 3 | 138.79 | + 6.07% | + 24.27% |
| 1999 | 4 | 145.88 | + 5.11% | + 20.43% |
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 $96,000.00 in 1997, you could multiply by + 41.11%, add the gain and see the home should be worth $135,466.05 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 1997 to 1999:
+ 13.70%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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