Real Estate Appreciation for Bakersfield, California: - 0.33%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Bakersfield, California did compared to the state as a whole.
The Bakersfield, California MSA property value change was - 0.33% (- 0.16% yearly).
All of the property in CA averaged + 0.96% change in value (+ 0.48% yearly).
Bakersfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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 Arvin, California Refinance, or Arvin, California Reverse Mortgages, you could estimate your home value.
If you knew your Arvin, California home was worth $91,000.00 in 1995, you could multiply by - 0.33%, add the gain and see the home should be worth $90,699.70 in 1996. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1995 to 1996:
- 0.16%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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