Real Estate Appreciation for Bakersfield, California: - 6.50%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bakersfield, California MSA appreciated - 6.50% (- 2.17% yearly) between 1993 and the end of 1995.
The state of CA had - 7.15% total appreciation (- 2.38% yearly).
The Bakersfield, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 9.13% faster than the state as a whole.
Bakersfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
There are a lot of ways to use the appreciation data for Bakersfield, California .
Lets look at Arvin, California, a city located in Bakersfield, California MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Arvin, California check out Spec-Loan.com
If you were going to do a Arvin, California Refinance, or Arvin, California Reverse Mortgages, you could estimate your home value.
If you knew your Arvin, California home was worth $88,000.00 in 1993, you could multiply by - 6.50%, add the gain and see the home should be worth $82,281.09 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1993 to 1995:
- 2.17%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1995 were Salt-Lake-City-UT, Provo-Orem-UT, Ogden-Clearfield-UT, Logan-UT-ID, and Fort-Collins-Loveland-CO .
- Salt-Lake-City-UT increased + 44.61% from 1993 to the end of 1995
- Provo-Orem-UT increased + 44.36% from 1993 to the end of 1995
- Ogden-Clearfield-UT increased + 40.83% from 1993 to the end of 1995
- Logan-UT-ID increased + 36.47% from 1993 to the end of 1995
- Fort-Collins-Loveland-CO increased + 35.31% from 1993 to the end of 1995
In contrast, the worst 5 MSAs from 1993 to 1995 were Riverside-San-Bernardino-Ontario-CA, Binghamton-NY, Kingston-NY, Utica-Rome-NY, and Sacramento-Arden-Arcade-Roseville-CA .
- Riverside-San-Bernardino-Ontario-CA decreased by - 12.41% between 1993 and 1995
- Binghamton-NY decreased by - 10.14% between 1993 and 1995
- Kingston-NY decreased by - 9.24% between 1993 and 1995
- Utica-Rome-NY decreased by - 9.14% between 1993 and 1995
- Sacramento-Arden-Arcade-Roseville-CA decreased by - 7.65% between 1993 and 1995
Zip Code in MSA: 93203 - ARVIN, CA
MSA Pop: 713087Zip Pop: 16202
Avg Value: 76300
County: KERN
Elev: 408
Region: West
Lat: 35.21547
Long: -118.852521