Real Estate Appreciation for Bakersfield, California: + 19.08%
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 + 19.08% (+ 3.82% yearly).
All of the property in CA averaged + 55.63% change in value (+ 11.13% yearly).
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1998-2001 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Bakersfield, California .
Lets look at Buttonwillow, 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 Buttonwillow, California check out Spec-Loan.com
If you were going to do a Buttonwillow, California Refinance, or Buttonwillow, California Reverse Mortgages, you could estimate your home value.
If you knew your Buttonwillow, California home was worth $98,000.00 in 1997, you could multiply by + 19.08%, add the gain and see the home should be worth $116,693.64 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1997 to 2001:
+ 3.82%
Appreciation Comparisons
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
The top 5 performing MSAs from 1997 to 2001 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Salinas-CA, Santa-Rosa-Petaluma-CA, and Barnstable-Town-MA .
- Santa-Cruz-Watsonville-CA increased + 85.74% from 1997 to the end of 2001
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 84.16% from 1997 to the end of 2001
- Salinas-CA increased + 77.44% from 1997 to the end of 2001
- Santa-Rosa-Petaluma-CA increased + 75.85% from 1997 to the end of 2001
- Barnstable-Town-MA increased + 75.70% from 1997 to the end of 2001
Zip Code in MSA: 93206 - BUTTONWILLOW, CA
MSA Pop: 713087Zip Pop: 2076
Avg Value: 78800
County: KERN
Elev: 408
Region: West
Lat: 35.401609
Long: -119.444746