Average Appreciation for Residential Properties in Santa Cruz County*
|
YEAR |
# of Sales |
Appreciation |
Average Price |
|
1980 |
2,407 |
17% |
$113,803 |
|
1981 |
1,711 |
5% |
$114,460 |
|
1982 |
1,021 |
3% |
$117,924 |
|
1983 |
1,631 |
0% |
$117,968 |
|
1984 |
1,874 |
8% |
$127,735 |
|
1985 |
2,108 |
5% |
$134,735 |
|
1986 |
2,086 |
12% |
$153,476 |
|
1987 |
2,153 |
11% |
$171,966 |
|
1988 |
2,266 |
15% |
$202,272 |
|
1989 |
1,981 |
21% |
$255,209 |
|
1990 |
1,492 |
2% |
$259,145 |
|
1991 |
1,350 |
2% |
$263,564 |
|
1992 |
1,186 |
(3.5%) |
$254,781 |
|
1993 |
1,596 |
(1%) |
$250,928 |
|
1994 |
1,871 |
(3.5%) |
$244,247 |
|
1995 |
1,520 |
1.5% |
$247,659 |
|
1996 |
1,793 |
1% |
$250,148 |
|
1997 |
2,167 |
10.5% |
$279,163 |
|
1998 |
2,679 |
10% |
$335,569 |
|
1999 |
2,384 |
16% |
$395,178 |
|
2000 |
2,422 |
23.5% |
$523,923 |
|
2001 |
1,784 |
6.5% |
$561,201 |
|
2002 |
2,290 |
1% |
$565,142 |
|
2003 |
2,355 |
7.95% |
$610,100 |
|
2004 |
2,801 |
13.2% |
$690,379 |
|
2005 |
2,175 |
20.8% |
$833,818 |
|
2006 |
1,799 |
0.9%) |
$841,093 |
|
2007 |
1,424 |
1.62% |
$855,454 |
|
2008 |
1,433 |
(22.38%) |
$664,329 |
|
2009 |
1689 |
(17.47%) |
$548,234 |
|
2010 |
989 |
3.28% |
$566,241 |
*Based on statistics taken from the Santa Cruz Association of Realtors/MLS Listings comparables.
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