Real Estate Appreciation for Bakersfield, California: + 12.08%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Bakersfield, California MSA appreciated + 12.08% (+ 4.03% yearly) for the period between 1999 and the end of 2001.
The state had + 34.15% total appreciation (+ 11.38% yearly).
The state average for California was higher than the real estate appreciation in the Bakersfield, California MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated +182.60% faster than this MSA.
Bakersfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2001 | 1 | 111.61 | + 2.09% | + 8.38% |
| 2001 | 2 | 113.71 | + 1.88% | + 7.53% |
| 2001 | 3 | 115.34 | + 1.43% | + 5.73% |
| 2001 | 4 | 117.42 | + 1.80% | + 7.21% |
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 $100,000.00 in 1999, you could multiply by + 12.08%, add the gain and see the home should be worth $112,084.77 in 2001. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1999 to 2001:
+ 4.03%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1999 to 2001 were Lawton-OK, Coeur-d'Alene-ID, Ogden-Clearfield-UT, Midland-TX, and Wenatchee-WA .
- Lawton-OK only increased + 2.84% between 1999 and 2001
- Coeur-d'Alene-ID only increased + 3.13% between 1999 and 2001
- Ogden-Clearfield-UT only increased + 4.00% between 1999 and 2001
- Midland-TX only increased + 4.01% between 1999 and 2001
- Wenatchee-WA only increased + 4.09% between 1999 and 2001
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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