Real Estate Appreciation for Bakersfield, California: + 7.61%
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 + 7.61% (+ 0.76% yearly) for the Bakersfield, California MSA.
The entire state of CA had + 38.54% appreciation (+ 3.85% yearly).
The state average for California was higher than the real estate appreciation in the Bakersfield, California MSA. This means the conditions in the MSA for real estate investment were worse by +406.74%.
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Bakersfield-CA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in California, you can do some research at Spec-Loan.com.
If you were going to do a Frazier Park, California Refinance, or Frazier Park, California Reverse Mortgages, you could estimate your home value.
If you knew your Frazier Park, California home was worth $93,000.00 in 1992, you could multiply by + 7.61%, add the gain and see the home should be worth $100,073.86 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1992 to 2001:
+ 0.76%
Appreciation Comparisons
The top 5 performing MSAs from 1992 to 2001 were Boulder-CO, Denver-Aurora-CO, Fort-Collins-Loveland-CO, Greeley-CO, and Salt-Lake-City-UT .
- Boulder-CO increased +140.25% from 1992 to the end of 2001
- Denver-Aurora-CO increased +124.99% from 1992 to the end of 2001
- Fort-Collins-Loveland-CO increased +116.99% from 1992 to the end of 2001
- Greeley-CO increased +113.57% from 1992 to the end of 2001
- Salt-Lake-City-UT increased +100.09% from 1992 to the end of 2001
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
Zip Code in MSA: 93222 - FRAZIER PARK, CA
MSA Pop: 713087Zip Pop: 1520
Avg Value: 136400
County: KERN
Elev: 408
Region: West
Lat: 34.83612
Long: -119.05512