Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Santa Cruz Watsonville, California MSA appreciated + 23.46% (+ 11.73% yearly) between 2003 and the end of 2004.

The state of CA had + 39.63% total appreciation (+ 19.82% 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 than the state as a whole. The state appreaciated + 68.94% faster than this MSA.

Santa-Cruz-Watsonville-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


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 2003, you could multiply by + 23.46%, add the gain and see the home should be worth $132,102.78 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 2003 to 2004:
+ 11.73%

Appreciation Comparisons

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .

  1. Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
  2. Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
  3. Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
  4. Madera-CA increased + 48.31% from 2003 to the end of 2004
  5. Fresno-CA increased + 47.99% from 2003 to the end of 2004

Zip Code in MSA: 95001 - APTOS, CA

MSA Pop: 251584
Zip Pop: 0
Avg Value: 0
County: SANTA CRUZ
Elev: 17
Region: West
Lat: 36.97902
Long: -121.89798