Real Estate Appreciation for Bakersfield, California: + 20.88%
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 + 20.88% (+ 2.32% yearly) from 1994 to 2002.
During the same time period, CA had + 68.24% (+ 7.58% yearly).
From 1994 to 2002, 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
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bakersfield, California .
Lets look at Frazier Park, 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 Frazier Park, California check out 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 $96,000.00 in 1994, you could multiply by + 20.88%, add the gain and see the home should be worth $116,046.90 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1994 to 2002:
+ 2.32%
Appreciation Comparisons
The top 5 performing MSAs from 1994 to 2002 were Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, and Salinas-CA .
- Barnstable-Town-MA increased +116.17% from 1994 to the end of 2002
- San-Jose-Sunnyvale-Santa-Clara-CA increased +112.59% from 1994 to the end of 2002
- Santa-Cruz-Watsonville-CA increased +104.39% from 1994 to the end of 2002
- Denver-Aurora-CO increased + 98.00% from 1994 to the end of 2002
- Salinas-CA increased + 93.56% from 1994 to the end of 2002
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