Real Estate Appreciation for Santa Cruz Watsonville, California: + 55.22%
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 + 55.22% (+ 13.81% yearly) for the Santa Cruz Watsonville, California MSA.
The entire state of CA had + 91.72% appreciation (+ 22.93% 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 + 66.09%.
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% |
| 2005 | 1 | 265.56 | + 3.64% | + 14.57% |
| 2005 | 2 | 280.08 | + 5.47% | + 21.87% |
| 2005 | 3 | 292.31 | + 4.37% | + 17.47% |
| 2005 | 4 | 303.37 | + 3.78% | + 15.13% |
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 $107,000.00 in 2002, you could multiply by + 55.22%, add the gain and see the home should be worth $166,089.80 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 2002 to 2005:
+ 13.81%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 to the end of 2005
In contrast, the worst 5 MSAs from 2002 to 2005 were Lafayette-IN, Burlington-NC, Anderson-IN, Jonesboro-AR, and Fort-Wayne-IN .
- Lafayette-IN only increased + 6.22% between 2002 and 2005
- Burlington-NC only increased + 6.40% between 2002 and 2005
- Anderson-IN only increased + 8.50% between 2002 and 2005
- Jonesboro-AR only increased + 8.86% between 2002 and 2005
- Fort-Wayne-IN only increased + 9.30% between 2002 and 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