Real Estate Appreciation for Bakersfield, California: + 5.37%
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: + 5.37%
- State of CA: + 31.11%
- Difference: - 82.74%
Bakersfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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 Arvin, 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 Arvin, California 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 $98,000.00 in 1998, you could multiply by + 5.37%, add the gain and see the home should be worth $103,261.30 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1998 to 2000:
+ 1.79%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 60.41% from 1998 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 58.08% from 1998 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 53.83% from 1998 to the end of 2000
- Salinas-CA increased + 50.81% from 1998 to the end of 2000
- Napa-CA increased + 45.22% from 1998 to the end of 2000
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