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 + 36.35% (+ 12.12% yearly) for the period between 2001 and the end of 2003.

The state had + 38.27% total appreciation (+ 12.76% 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 + 5.27% faster than this MSA.

Bakersfield-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 113.71 + 1.88% + 7.53%
2001 3 115.34 + 1.43% + 5.73%
2001 4 117.42 + 1.80% + 7.21%
2002 1 119.62 + 1.87% + 7.49%
2002 2 122.98 + 2.81% + 11.24%
2002 3 126.67 + 3.00% + 12.00%
2002 4 129.9 + 2.55% + 10.20%
2003 1 133.6 + 2.85% + 11.39%
2003 2 137.82 + 3.16% + 12.63%
2003 3 143.88 + 4.40% + 17.59%
2003 4 152.18 + 5.77% + 23.07%


Lets look at Arvin, 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 Arvin, California Refinance, or Arvin, California Reverse Mortgages, you could estimate your home value.

If you knew your Arvin, California home was worth $104,000.00 in 2001, you could multiply by + 36.35%, add the gain and see the home should be worth $141,803.78 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Bakersfield-CA from 2001 to 2003:
+ 12.12%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .

  1. Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
  2. Chico-CA increased + 50.54% from 2001 to the end of 2003
  3. Fresno-CA increased + 50.27% from 2001 to the end of 2003
  4. Redding-CA increased + 49.39% from 2001 to the end of 2003
  5. Madera-CA increased + 48.53% from 2001 to the end of 2003

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005

Zip Code in MSA: 93203 - ARVIN, CA

MSA Pop: 713087
Zip Pop: 16202
Avg Value: 76300
County: KERN
Elev: 408
Region: West
Lat: 35.21547
Long: -118.852521