Real Estate Appreciation for Bakersfield, California: + 1.24%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Bakersfield, California: + 1.24%
- State of CA: + 13.69%
- Difference: - 90.94%
Bakersfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 100.03 | - 3.08% | - 12.32% |
| 1996 | 3 | 98.72 | - 1.31% | - 5.24% |
| 1996 | 4 | 99.67 | + 0.96% | + 3.85% |
| 1997 | 1 | 98.61 | - 1.06% | - 4.25% |
| 1997 | 2 | 98.2 | - 0.42% | - 1.66% |
| 1997 | 3 | 98.98 | + 0.79% | + 3.18% |
| 1997 | 4 | 101.72 | + 2.77% | + 11.07% |
| 1998 | 1 | 103.75 | + 2.00% | + 7.98% |
| 1998 | 2 | 102.73 | - 0.98% | - 3.93% |
| 1998 | 3 | 104.01 | + 1.25% | + 4.98% |
| 1998 | 4 | 104.49 | + 0.46% | + 1.85% |
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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 $94,000.00 in 1996, you could multiply by + 1.24%, add the gain and see the home should be worth $95,165.78 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1996 to 1998:
+ 0.41%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1998 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Jackson-MI, Bay-City-MI, and Monroe-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 34.16% from 1996 to the end of 1998
- Santa-Cruz-Watsonville-CA increased + 22.04% from 1996 to the end of 1998
- Jackson-MI increased + 21.73% from 1996 to the end of 1998
- Bay-City-MI increased + 20.64% from 1996 to the end of 1998
- Monroe-MI increased + 20.48% from 1996 to the end of 1998
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