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% (- 1.30% yearly) between 1993 and the end of 1997.
The state of CA had - 3.19% total appreciation (- 0.64% 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 than the state as a whole. The state appreaciated - 50.87% faster than this MSA.
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1994-1997 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bakersfield, California .
Lets look at Buttonwillow, 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 Buttonwillow, California check out Spec-Loan.com
If you were going to do a Buttonwillow, California Refinance, or Buttonwillow, California Reverse Mortgages, you could estimate your home value.
If you knew your Buttonwillow, California home was worth $90,000.00 in 1993, you could multiply by - 6.50%, add the gain and see the home should be worth $84,151.12 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1993 to 1997:
- 1.30%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 1997 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Greeley-CO, and Logan-UT-ID .
- Salt-Lake-City-UT increased + 64.90% from 1993 to the end of 1997
- Ogden-Clearfield-UT increased + 62.08% from 1993 to the end of 1997
- Provo-Orem-UT increased + 61.72% from 1993 to the end of 1997
- Greeley-CO increased + 50.51% from 1993 to the end of 1997
- Logan-UT-ID increased + 49.89% from 1993 to the end of 1997
In contrast, the worst 5 MSAs from 1993 to 1997 were Honolulu-HI, Riverside-San-Bernardino-Ontario-CA, Utica-Rome-NY, Binghamton-NY, and Kingston-NY .
- Honolulu-HI decreased by - 13.29% between 1993 and 1997
- Riverside-San-Bernardino-Ontario-CA decreased by - 12.51% between 1993 and 1997
- Utica-Rome-NY decreased by - 11.75% between 1993 and 1997
- Binghamton-NY decreased by - 11.36% between 1993 and 1997
- Kingston-NY decreased by - 7.89% between 1993 and 1997
Zip Code in MSA: 93206 - BUTTONWILLOW, CA
MSA Pop: 713087Zip Pop: 2076
Avg Value: 78800
County: KERN
Elev: 408
Region: West
Lat: 35.401609
Long: -119.444746