Real Estate Appreciation for Santa Cruz Watsonville, California: + 62.63%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Santa Cruz Watsonville, California MSA appreciated + 62.63% (+ 15.66% yearly) for the period between 1999 and the end of 2002.
The state had + 51.92% total appreciation (+ 12.98% yearly).
The Santa Cruz Watsonville, California MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Santa-Cruz-Watsonville-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 186.71 | + 3.79% | + 15.14% |
| 2001 | 2 | 192.51 | + 3.11% | + 12.43% |
| 2001 | 3 | 193.32 | + 0.42% | + 1.68% |
| 2001 | 4 | 192.02 | - 0.67% | - 2.69% |
| 2002 | 1 | 195.44 | + 1.78% | + 7.12% |
| 2002 | 2 | 199.59 | + 2.12% | + 8.49% |
| 2002 | 3 | 203.35 | + 1.88% | + 7.54% |
| 2002 | 4 | 206.13 | + 1.37% | + 5.47% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Aptos, California click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Santa Cruz Watsonville, California.
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 $101,000.00 in 1999, you could multiply by + 62.63%, add the gain and see the home should be worth $164,253.49 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 1999 to 2002:
+ 15.66%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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