Real Estate Appreciation for Bakersfield, California: - 5.34%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Bakersfield, California MSA appreciation it was - 5.34% (- 2.67% yearly) from 1994 to 1995.
During the same time period, CA had - 4.06% (- 2.03% yearly).
From 1994 to 1995, California outperformed the individual Bakersfield, California MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Bakersfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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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 $89,000.00 in 1994, you could multiply by - 5.34%, add the gain and see the home should be worth $84,246.05 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1994 to 1995:
- 2.67%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 1995 were Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, Kingston-NY, and Ithaca-NY .
- Utica-Rome-NY decreased by - 9.64% between 1994 and 1995
- Binghamton-NY decreased by - 8.46% between 1994 and 1995
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.30% between 1994 and 1995
- Kingston-NY decreased by - 7.85% between 1994 and 1995
- Ithaca-NY decreased by - 7.18% between 1994 and 1995
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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