Property Values Skyrocket in Santa Cruz

12 July 2000 - 1:00pm

Property values in Santa Cruz County, CA, have gone up by 8 percent over the previous year.

Santa Cruz County Assessor reports that the 1999 county assessment roll rose almost 8 percent over 1998 to almost 19.5 billion. The booming real estate market saw 6,800 changes of ownership in 1999 while new construction added $132 million to the assessment roll

Source: San Jose Mercury News, July 12, 2000
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Its very unsuitability for an urban center justifies its current usage as a suburban or ex-urban pattern.