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 + 4.08% (+ 1.36% yearly).

All of the property in CA averaged + 22.98% change in value (+ 7.66% yearly).

Bakersfield-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
1999 1 104.76 + 0.26% + 1.03%
1999 2 103.62 - 1.09% - 4.35%
1999 3 104.93 + 1.26% + 5.06%
1999 4 102.63 - 2.19% - 8.77%


Lets look at Arvin, California, a city located in Bakersfield, California MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out 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 $96,000.00 in 1997, you could multiply by + 4.08%, add the gain and see the home should be worth $99,913.60 in 1999. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1997 to 1999:
+ 1.36%

Appreciation Comparisons

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

The top 5 performing MSAs from 1997 to 1999 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased + 41.42% from 1997 to the end of 1999
  2. Santa-Cruz-Watsonville-CA increased + 41.11% from 1997 to the end of 1999
  3. Barnstable-Town-MA increased + 32.18% from 1997 to the end of 1999
  4. Santa-Rosa-Petaluma-CA increased + 29.26% from 1997 to the end of 1999
  5. Napa-CA increased + 28.79% from 1997 to the end of 1999

Zip Code in MSA: 93203 - ARVIN, CA

MSA Pop: 713087
Zip Pop: 16202
Avg Value: 76300
County: KERN
Elev: 408
Region: West
Lat: 35.21547
Long: -118.852521