Real Estate Appreciation for Bakersfield, California: - 5.66%
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 - 5.66% (- 0.81% yearly) between 1993 and the end of 1999.
The state of CA had + 13.61% total appreciation (+ 1.94% 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 -340.36% faster than this MSA.
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Bakersfield, California include real estate investment .
Lets look at Delano, 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 Delano, California Refinance, or Delano, California Reverse Mortgages, you could estimate your home value.
If you knew your Delano, California home was worth $92,000.00 in 1993, you could multiply by - 5.66%, add the gain and see the home should be worth $86,790.70 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1993 to 1999:
- 0.81%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 1999 were Honolulu-HI, Bakersfield-CA, Albany-Schenectady-Troy-NY, Utica-Rome-NY, and Binghamton-NY .
- Honolulu-HI decreased by - 15.53% between 1993 and 1999
- Bakersfield-CA decreased by - 5.66% between 1993 and 1999
- Albany-Schenectady-Troy-NY decreased by - 3.82% between 1993 and 1999
- Utica-Rome-NY decreased by - 3.32% between 1993 and 1999
- Binghamton-NY decreased by - 3.08% between 1993 and 1999
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 93216 - DELANO, CA
MSA Pop: 713087Zip Pop: 4412
Avg Value: 0
County: KERN
Elev: 408
Region: West
Lat: 35.756116
Long: -119.276486