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Average Appreciation for Residential Properties in Santa Cruz County*

YEAR # of Sales Appreciation Average Price Average Interest Rate
1980 2,407 17% $113,803 13.74%
1981 1,711 5% $114,460 16.64%
1982 1,021 3% $117,924 16.04%
1983 1,631 0% $117,968 13.24%
1984 1,874 8% $127,735 13.88%
1985 2,108 5% $134,735 12.43%
1986 2,086 12% $153,476 10.19%
1987 2,153 11% $171,966 10.21%
1988 2,266 15% $202,272 10.34%
1989 1,981 21% $255,209 10.32%
1990 1,492 2% $259,145 10.13%
1991 1,350 2% $263,564 9.25%
1992 1,186 (3.5%) $254,781 8.39%
1993 1,596 (1%) $250,928 7.31%
1994 1,871 (3.5%) $244,247 8.38%
1995 1,520 1.5% $247,659 7.93%
1996 1,793 1% $250,148 7.81%
1997 2,167 10.5% $279,163 7.60%
1998 2,679 10% $335,569 6.94%
1999 2,384 16% $395,178 7.44%
2000 2,422 23.5% $523,923 8.05%
2001 1,784 6.5% $561,201 6.97%
2002 2,290 1% $565,142 6.54%
2003 2,355 7.95% $610,100 5.83%
2004 2,801 13.2% $690,379 5.84%
2005 2,175 20.8% $833,818 5.87%
2006 1,799 0.9% $841,093 6.41%
2007 1,424 1.62% $855,454 6.34%
2008 1,433 (22.38%) $664,329 6.03%
2009 1,689 (17.47%) $548,234 5.04%
2010 1,558 4.92% $575,378 4.69%
2011 1,717 (5.45%) $543,724 4.45%
2012 2,057 4.12% $566,461 3.66%
2013 1,901 15.56% $654,597 3.98%
2014 1,808 17.1% $766,534 4.17%
2015 2,016 3.766% $798,204 3.85%
2016 1,754 11.23% $887,882 3.65%
2017 1,849 6.208% $942,999 3.99%
2018 1,812 6.66% $1,005,859 4.54%
2019 1,657 0.009% $1,014,988 4.25%
2020 1,784 10.63% $1,122,900 2.94%

*Based on information from the California Association of REALTORS and/or from MLS Listings, Inc. (MLS).
Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.