Real Estate Appreciation for Bakersfield, California: +131.89%
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 +131.89% (+ 26.38% yearly) for the period between 2001 and the end of 2005.
The state had +110.05% total appreciation (+ 22.01% yearly).
The Bakersfield, California MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Bakersfield-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 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 $106,000.00 in 2001, you could multiply by +131.89%, add the gain and see the home should be worth $245,801.09 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 2001 to 2005:
+ 26.38%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2005 were Fresno-CA, Madera-CA, Yuba-City-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Fresno-CA increased +137.23% from 2001 to the end of 2005
- Madera-CA increased +136.99% from 2001 to the end of 2005
- Yuba-City-CA increased +136.08% from 2001 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +133.38% from 2001 to the end of 2005
- Bakersfield-CA increased +131.89% from 2001 to the end of 2005
In contrast, the worst 5 MSAs from 2001 to 2005 were Lafayette-IN, Burlington-NC, Rocky-Mount-NC, Decatur-AL, and Jonesboro-AR .
- Lafayette-IN only increased + 9.24% between 2001 and 2005
- Burlington-NC only increased + 9.68% between 2001 and 2005
- Rocky-Mount-NC only increased + 11.41% between 2001 and 2005
- Decatur-AL only increased + 12.39% between 2001 and 2005
- Jonesboro-AR only increased + 12.46% between 2001 and 2005
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