Real Estate Appreciation for Santa Cruz Watsonville, California: + 14.98%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Santa Cruz Watsonville, California did compared to the state as a whole.
The Santa Cruz Watsonville, California MSA property value change was + 14.98% (+ 7.49% yearly).
All of the property in CA averaged + 22.16% change in value (+ 11.08% yearly).
Santa-Cruz-Watsonville-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2005 | 2 | 280.08 | + 5.47% | + 21.87% |
| 2005 | 3 | 292.31 | + 4.37% | + 17.47% |
| 2005 | 4 | 303.37 | + 3.78% | + 15.13% |
| 2006 | 1 | 310.83 | + 2.46% | + 9.84% |
| 2006 | 2 | 315.92 | + 1.64% | + 6.55% |
| 2006 | 3 | 308.84 | - 2.24% | - 8.96% |
| 2006 | 4 | 305.34 | - 1.13% | - 4.53% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $111,000.00 in 2005, you could multiply by + 14.98%, add the gain and see the home should be worth $127,627.43 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Cruz-Watsonville-CA from 2005 to 2006:
+ 7.49%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 95001 - APTOS, CA
MSA Pop: 251584Zip Pop: 0
Avg Value: 0
County: SANTA CRUZ
Elev: 17
Region: West
Lat: 36.97902
Long: -121.89798