Real Estate Appreciation for Bakersfield, California: - 6.78%
Appreciation for MSAs:.
Let's start by comparing Bakersfield, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of - 6.78% (- 1.70% yearly) for the Bakersfield, California MSA.
The entire state of CA had - 10.53% appreciation (- 2.63% yearly).
The Bakersfield, California MSA beat out the state. by - 35.60% appreciation.
Bakersfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1992 | 2 | 108.06 | - 0.97% | - 3.89% |
| 1992 | 3 | 110.03 | + 1.82% | + 7.29% |
| 1992 | 4 | 109.47 | - 0.51% | - 2.04% |
| 1993 | 1 | 108.79 | - 0.62% | - 2.48% |
| 1993 | 2 | 109.36 | + 0.52% | + 2.10% |
| 1993 | 3 | 108.09 | - 1.16% | - 4.65% |
| 1993 | 4 | 108.74 | + 0.60% | + 2.41% |
| 1994 | 1 | 107.46 | - 1.18% | - 4.71% |
| 1994 | 2 | 104.38 | - 2.87% | - 11.46% |
| 1994 | 3 | 103.6 | - 0.75% | - 2.99% |
| 1994 | 4 | 100.9 | - 2.61% | - 10.42% |
| 1995 | 1 | 100 | - 0.89% | - 3.57% |
| 1995 | 2 | 100.71 | + 0.71% | + 2.84% |
| 1995 | 3 | 102.17 | + 1.45% | + 5.80% |
| 1995 | 4 | 101.72 | - 0.44% | - 1.76% |
Some of the ways peope use our appreciation data for Bakersfield, California include real estate investment .
Lets look at Bodfish, California, a city located in Bakersfield, California MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in California check out Spec-Loan.com
If you were going to do a Bodfish, California Refinance, or Bodfish, California Reverse Mortgages, you could estimate your home value.
If you knew your Bodfish, California home was worth $87,000.00 in 1992, you could multiply by - 6.78%, add the gain and see the home should be worth $81,100.07 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1992 to 1995:
- 1.70%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
Zip Code in MSA: 93205 - BODFISH, CA
MSA Pop: 713087Zip Pop: 1951
Avg Value: 59400
County: KERN
Elev: 408
Region: West
Lat: 35.58175
Long: -118.480921