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 + 10.86% (+ 2.72% yearly).

All of the property in CA averaged + 40.36% change in value (+ 10.09% 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%
2000 1 104 + 1.33% + 5.34%
2000 2 104.65 + 0.63% + 2.50%
2000 3 107.05 + 2.29% + 9.17%
2000 4 109.32 + 2.12% + 8.48%


There are a lot of ways to use the appreciation data for Bakersfield, California .

Lets look at Bodfish, 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 Bodfish, California check out Spec-Loan.com

If you were going to do a Bodfish, California Refinance, or Bodfish, California Reverse Mortgages, you could estimate your home value.

If you knew your Bodfish, California home was worth $97,000.00 in 1997, you could multiply by + 10.86%, add the gain and see the home should be worth $107,535.14 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1997 to 2000:
+ 2.72%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1997 to 2000 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Lewiston-ID-WA, and Midland-TX .

  1. Honolulu-HI decreased by - 1.70% between 1997 and 2000
  2. Williamsport-PA only increased + 2.60% between 1997 and 2000
  3. Buffalo-Niagara-Falls-NY only increased + 3.06% between 1997 and 2000
  4. Lewiston-ID-WA only increased + 3.08% between 1997 and 2000
  5. Midland-TX only increased + 3.25% between 1997 and 2000

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 93205 - BODFISH, CA

MSA Pop: 713087
Zip Pop: 1951
Avg Value: 59400
County: KERN
Elev: 408
Region: West
Lat: 35.58175
Long: -118.480921