Real Estate Appreciation for Santa Cruz Watsonville, California: + 31.10%
Appreciation for MSAs:.
Let's start by comparing Santa Cruz Watsonville, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 31.10% (+ 10.37% yearly) for the Santa Cruz Watsonville, California MSA.
The entire state of CA had + 57.58% appreciation (+ 19.19% yearly).
The state average for California was higher than the real estate appreciation in the Santa Cruz Watsonville, California MSA. This means the conditions in the MSA for real estate investment were worse by + 85.12%.
Santa-Cruz-Watsonville-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 221.42 | + 2.14% | + 8.54% |
| 2004 | 2 | 231.63 | + 4.61% | + 18.44% |
| 2004 | 3 | 245.86 | + 6.14% | + 24.57% |
| 2004 | 4 | 256.23 | + 4.22% | + 16.87% |
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 $106,000.00 in 2002, you could multiply by + 31.10%, add the gain and see the home should be worth $138,970.43 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 2002 to 2004:
+ 10.37%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
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