Real Estate Appreciation for Bakersfield, California: + 91.32%
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 + 91.32% (+ 15.22% yearly) for the period between 1999 and the end of 2004.
The state had +117.04% total appreciation (+ 19.51% 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 + 28.16% faster than this MSA.
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
Lets look at Delano, 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 Delano, California Refinance, or Delano, California Reverse Mortgages, you could estimate your home value.
If you knew your Delano, California home was worth $103,000.00 in 1999, you could multiply by + 91.32%, add the gain and see the home should be worth $197,062.71 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 1999 to 2004:
+ 15.22%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1999 to 2004 were Ogden-Clearfield-UT, Provo-Orem-UT, Jackson-TN, Lafayette-IN, and Columbus-IN .
- Ogden-Clearfield-UT only increased + 8.27% between 1999 and 2004
- Provo-Orem-UT only increased + 12.04% between 1999 and 2004
- Jackson-TN only increased + 12.75% between 1999 and 2004
- Lafayette-IN only increased + 13.11% between 1999 and 2004
- Columbus-IN only increased + 13.36% between 1999 and 2004
The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .
- Lafayette-LA lost - 42.13% from 1983 to 1988
- Lafayette-LA lost - 37.78% from 1982 thru 1987
- Casper-WY lost - 37.50% from 1983 thru 1988
- Anchorage-AK lost - 33.17% from 1984 thru 1989
- Midland-TX lost - 31.15% from 1982 thru 1987
Zip Code in MSA: 93215 - DELANO, CA
MSA Pop: 713087Zip Pop: 37277
Avg Value: 85400
County: KERN
Elev: 408
Region: West
Lat: 35.771401
Long: -119.245066