Real Estate Appreciation for Bakersfield, California: + 7.93%
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 + 7.93% (+ 0.88% yearly) between 1993 and the end of 2001.
The state of CA had + 43.78% total appreciation (+ 4.86% 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 +451.85% faster than this MSA.
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
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 $94,000.00 in 1993, you could multiply by + 7.93%, add the gain and see the home should be worth $101,456.75 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1993 to 2001:
+ 0.88%
Appreciation Comparisons
For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .
- Salinas-CA increased +251.65% from 1997 thru 2005
- Salinas-CA increased +229.40% from 1998 thru 2006
- Springfield-MA increased +229.07% from 1981 thru 1989
- Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
- San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005
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