Real Estate Appreciation for Santa Cruz Watsonville, California: + 74.02%
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 + 74.02% (+ 18.50% yearly).
All of the property in CA averaged + 40.36% change in value (+ 10.09% 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% |
| 2000 | 1 | 152.75 | + 4.71% | + 18.84% |
| 2000 | 2 | 163.55 | + 7.07% | + 28.28% |
| 2000 | 3 | 172.76 | + 5.63% | + 22.53% |
| 2000 | 4 | 179.9 | + 4.13% | + 16.53% |
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 $97,000.00 in 1997, you could multiply by + 74.02%, add the gain and see the home should be worth $168,797.64 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 1997 to 2000:
+ 18.50%
Appreciation Comparisons
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
- Salinas-CA increased + 59.12% from 1997 to the end of 2000
- Napa-CA increased + 54.99% from 1997 to the end of 2000
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