Real Estate Appreciation for Bakersfield, California: - 7.25%
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 - 7.25% (- 2.42% yearly) from 1994 to 1996.
During the same time period, CA had - 5.06% (- 1.69% yearly).
From 1994 to 1996, 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% |
| 1996 | 1 | 103.21 | + 1.46% | + 5.86% |
| 1996 | 2 | 100.03 | - 3.08% | - 12.32% |
| 1996 | 3 | 98.72 | - 1.31% | - 5.24% |
| 1996 | 4 | 99.67 | + 0.96% | + 3.85% |
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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 $90,000.00 in 1994, you could multiply by - 7.25%, add the gain and see the home should be worth $83,475.71 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1994 to 1996:
- 2.42%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 1996 were Salt-Lake-City-UT, Ogden-Clearfield-UT, Provo-Orem-UT, Logan-UT-ID, and Pueblo-CO .
- Salt-Lake-City-UT increased + 33.67% from 1994 to the end of 1996
- Ogden-Clearfield-UT increased + 32.69% from 1994 to the end of 1996
- Provo-Orem-UT increased + 30.79% from 1994 to the end of 1996
- Logan-UT-ID increased + 29.11% from 1994 to the end of 1996
- Pueblo-CO increased + 27.92% from 1994 to the end of 1996
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