| Santa Cruz, CA - House Price Index (HPI) - 30 Year Chart |
| Santa Cruz Real Estate Market Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Santa Cruz-Watsonville, CA single family home
prices in logarithmic scale. The March, 1995 index value equals 100. Updated Saturday, December
29, 2012. See real estate forecasts, analysis, statistics and appreciation rates below.
prices in logarithmic scale. The March, 1995 index value equals 100. Updated Saturday, December
29, 2012. See real estate forecasts, analysis, statistics and appreciation rates below.
| Santa Cruz Real Estate Index: 30 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Santa Cruz Real Estate Market: Trend, Analysis & Statistics
1/75 1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010 1/15
Commentary 13420
4th Quarter, 2012 Housing Statistics: Santa Cruz, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 84%
Forecast-Chart.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Santa Cruz housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Santa Cruz is 84%. In other words, when tested against historical
data, the forecasting methodology was correct 84% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Santa Cruz is 84% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Santa Cruz
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Santa Cruz housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Santa Cruz is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Santa Cruz is 81% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Santa Cruz
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Santa Cruz, California
Historical Home Price Appreciation
Last Quarter 1.18%
Last Year 3.0%
Last 5 Years -25%
Last 10 Years 4%
Last 20 Years 108%
Decline From All Time High 31.42%
Annual Home Price Appreciation Rates
1983 0.04%
1984 8.63%
1985 6.64%
1986 7.96%
1987 13.98%
1988 19.47%
1989 24.45%
1990 1.12%
1991 0.70%
1992 -1.94%
1993 -2.05%
1994 -2.83%
1995 2.43%
1996 1.57%
1997 7.58%
1998 13.30%
1999 17.62%
2000 23.18%
2001 6.61%
2002 7.38%
2003 5.40%
2004 17.87%
2005 18.33%
2006 -0.73%
2007 -4.52%
2008 -14.00%
2009 -9.28%
2010 -2.65%
2011 -4.69%
2012 2.98%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.18% Rank: 96 of 381 (75th Percentile)
Last Year . . . . . . . . . . . . . . . . 3.0% Rank: 42 of 381 (89th Percentile)
Last 5 Years -25% Rank: 312 of 381 (18th Percentile)
Last 10 Years . . . . . . . . . . . . 4% Rank: 308 of 381 (19th Percentile)
Last 20 Years 108% Rank: 56 of 368 (85th Percentile)
Decline From All Time High 31.42%
Home Price appreciation rates for Santa Cruz-Watsonville, CA are shown above
for five time periods. For example: Santa Cruz appreciated 1.18% in the Last
Quarter. At that rate, the Santa Cruz Real Estate Market was ranked 96th out of
381 metropolitan areas for Real Estate Appreciation. Santa Cruz was in the
75th percentile. So Santa Cruz, CA performed better in the Last Quarter than
75% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Santa Cruz, California
The data and analysis on this page pertains to Santa Cruz-Watsonville, CA,
hereinafter referred to as "Santa Cruz". The all time high in the Santa Cruz
Home Price Index was 313.1 in the 2nd Quarter, of 2006. The 4th Quarter,
2012 index value was 214.7. That's a decline of 98.35 points or 31.42% below
the Santa Cruz Home Price Index all time high. The Home Price Index indicates
that the Santa Cruz Market is up 4% over the last 10 years. Home prices in the
Santa Cruz Real Estate Market have gained 2.98% over the last 12 months.
Over the last thirty years, it is up 340%.
The 4th Quarter index value was 2.50 points higher than the 3rd Quarter, 2012
index value of 212.20, resulting in a 1.18% rise in the 4th Quarter for the Santa
Cruz Market.
The Santa Cruz Home Price Index has increased for the last 3 consecutive
quarters. The current record holder for consecutive increases in the Home
Price Index is Bismarck, ND, with increases in the last 11 consecutive quarters.
The current record holder for consecutive declines in the Home Price Index is
Tallahassee, FL, with declines in the last 5 consecutive quarters.
The highest annual home appreciation rate in the Santa Cruz Real Estate
Market was 28% in the twelve months ended with the 3rd Quarter of 1989. The
worst annual home appreciation rate in the Santa Cruz Market was -14% in the
twelve months ended with the 4th Quarter of 2008.
The highest home appreciation in the Santa Cruz Real Estate Market over a
three year period was 69% in the three years ended with the 4th Quarter of
1989. The worst home appreciation over a three year period in the Santa Cruz
Market was -26% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Santa Cruz Home Price Index
(above). For information about California home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
California. Another link opens the home price index chart for California. Just
one glance at Forecast-Chart.com's long term charts can provide tremendous
insight into the historical trends of residential property values. Bookmark this
page! Then Forecast-Chart.com's detailed research and statistics about Santa
Cruz Home Prices will be at your fingertips when you need them.
Historical data on the Santa Cruz Home Price Index is available back to the 2nd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Santa Cruz Market. The terms House Price Index and Home
Price Index, as used in this site, refer to the Federal Housing Finance Agency
(FHFA) House Price Index.
Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Santa Cruz Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
4th Quarter, 2012 Housing Statistics: Santa Cruz, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 84%
Forecast-Chart.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Santa Cruz housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Santa Cruz is 84%. In other words, when tested against historical
data, the forecasting methodology was correct 84% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Santa Cruz is 84% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Santa Cruz
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Santa Cruz housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Santa Cruz is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Santa Cruz is 81% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Santa Cruz
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Santa Cruz, California
Historical Home Price Appreciation
Last Quarter 1.18%
Last Year 3.0%
Last 5 Years -25%
Last 10 Years 4%
Last 20 Years 108%
Decline From All Time High 31.42%
Annual Home Price Appreciation Rates
1983 0.04%
1984 8.63%
1985 6.64%
1986 7.96%
1987 13.98%
1988 19.47%
1989 24.45%
1990 1.12%
1991 0.70%
1992 -1.94%
1993 -2.05%
1994 -2.83%
1995 2.43%
1996 1.57%
1997 7.58%
1998 13.30%
1999 17.62%
2000 23.18%
2001 6.61%
2002 7.38%
2003 5.40%
2004 17.87%
2005 18.33%
2006 -0.73%
2007 -4.52%
2008 -14.00%
2009 -9.28%
2010 -2.65%
2011 -4.69%
2012 2.98%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.18% Rank: 96 of 381 (75th Percentile)
Last Year . . . . . . . . . . . . . . . . 3.0% Rank: 42 of 381 (89th Percentile)
Last 5 Years -25% Rank: 312 of 381 (18th Percentile)
Last 10 Years . . . . . . . . . . . . 4% Rank: 308 of 381 (19th Percentile)
Last 20 Years 108% Rank: 56 of 368 (85th Percentile)
Decline From All Time High 31.42%
Home Price appreciation rates for Santa Cruz-Watsonville, CA are shown above
for five time periods. For example: Santa Cruz appreciated 1.18% in the Last
Quarter. At that rate, the Santa Cruz Real Estate Market was ranked 96th out of
381 metropolitan areas for Real Estate Appreciation. Santa Cruz was in the
75th percentile. So Santa Cruz, CA performed better in the Last Quarter than
75% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Santa Cruz, California
The data and analysis on this page pertains to Santa Cruz-Watsonville, CA,
hereinafter referred to as "Santa Cruz". The all time high in the Santa Cruz
Home Price Index was 313.1 in the 2nd Quarter, of 2006. The 4th Quarter,
2012 index value was 214.7. That's a decline of 98.35 points or 31.42% below
the Santa Cruz Home Price Index all time high. The Home Price Index indicates
that the Santa Cruz Market is up 4% over the last 10 years. Home prices in the
Santa Cruz Real Estate Market have gained 2.98% over the last 12 months.
Over the last thirty years, it is up 340%.
The 4th Quarter index value was 2.50 points higher than the 3rd Quarter, 2012
index value of 212.20, resulting in a 1.18% rise in the 4th Quarter for the Santa
Cruz Market.
The Santa Cruz Home Price Index has increased for the last 3 consecutive
quarters. The current record holder for consecutive increases in the Home
Price Index is Bismarck, ND, with increases in the last 11 consecutive quarters.
The current record holder for consecutive declines in the Home Price Index is
Tallahassee, FL, with declines in the last 5 consecutive quarters.
The highest annual home appreciation rate in the Santa Cruz Real Estate
Market was 28% in the twelve months ended with the 3rd Quarter of 1989. The
worst annual home appreciation rate in the Santa Cruz Market was -14% in the
twelve months ended with the 4th Quarter of 2008.
The highest home appreciation in the Santa Cruz Real Estate Market over a
three year period was 69% in the three years ended with the 4th Quarter of
1989. The worst home appreciation over a three year period in the Santa Cruz
Market was -26% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Santa Cruz Home Price Index
(above). For information about California home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
California. Another link opens the home price index chart for California. Just
one glance at Forecast-Chart.com's long term charts can provide tremendous
insight into the historical trends of residential property values. Bookmark this
page! Then Forecast-Chart.com's detailed research and statistics about Santa
Cruz Home Prices will be at your fingertips when you need them.
Historical data on the Santa Cruz Home Price Index is available back to the 2nd
Quarter, of 1978. All calculations are based on the quarterly value of the House
Price Index for the Santa Cruz Market. The terms House Price Index and Home
Price Index, as used in this site, refer to the Federal Housing Finance Agency
(FHFA) House Price Index.
Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Santa Cruz Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
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