Real Estate Appreciation for Santa Cruz Watsonville, California: + 16.11%
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 + 16.11% (+ 5.37% yearly) for the period between 2001 and the end of 2003.
The state had + 38.27% total appreciation (+ 12.76% yearly).
The state average for California was higher than the real estate appreciation in the Santa Cruz Watsonville, California MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +137.52% faster than this MSA.
Santa-Cruz-Watsonville-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 207.54 | + 0.68% | + 2.74% |
| 2003 | 2 | 209.07 | + 0.74% | + 2.95% |
| 2003 | 3 | 211.16 | + 1.00% | + 4.00% |
| 2003 | 4 | 216.79 | + 2.67% | + 10.66% |
Some of the ways peope use our appreciation data for Santa Cruz Watsonville, California include real estate investment .
Lets look at Aptos, California, a city located in Santa Cruz Watsonville, California MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $104,000.00 in 2001, you could multiply by + 16.11%, add the gain and see the home should be worth $120,754.97 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 2001 to 2003:
+ 5.37%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .
- Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
- Chico-CA increased + 50.54% from 2001 to the end of 2003
- Fresno-CA increased + 50.27% from 2001 to the end of 2003
- Redding-CA increased + 49.39% from 2001 to the end of 2003
- Madera-CA increased + 48.53% from 2001 to the end of 2003
In contrast, the worst 5 MSAs from 2001 to 2003 were Ogden-Clearfield-UT, Logan-UT-ID, Provo-Orem-UT, Austin-Round-Rock-TX, and Jackson-TN .
- Ogden-Clearfield-UT only increased + 2.75% between 2001 and 2003
- Logan-UT-ID only increased + 2.82% between 2001 and 2003
- Provo-Orem-UT only increased + 2.87% between 2001 and 2003
- Austin-Round-Rock-TX only increased + 3.75% between 2001 and 2003
- Jackson-TN only increased + 3.85% between 2001 and 2003
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