Real Estate Appreciation for Bakersfield, California: + 67.56%
Appreciation for MSAs:.
Let's start by comparing Bakersfield, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 67.56% (+ 22.52% yearly) for the Bakersfield, California MSA.
The entire state of CA had + 57.58% appreciation (+ 19.19% yearly).
The Bakersfield, California MSA beat out the state. by + 17.32% appreciation.
Bakersfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 158.74 | + 4.31% | + 17.24% |
| 2004 | 2 | 169.22 | + 6.60% | + 26.41% |
| 2004 | 3 | 188.37 | + 11.32% | + 45.27% |
| 2004 | 4 | 200.43 | + 6.40% | + 25.61% |
If you want to learn more about fixing up and flipping property and Hard Money Rehab 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 $106,000.00 in 2002, you could multiply by + 67.56%, add the gain and see the home should be worth $177,608.93 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 2002 to 2004:
+ 22.52%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
In contrast, the worst 5 MSAs from 2002 to 2004 were Jackson-TN, Ogden-Clearfield-UT, Austin-Round-Rock-TX, Lafayette-IN, and Burlington-NC .
- Jackson-TN only increased + 4.30% between 2002 and 2004
- Ogden-Clearfield-UT only increased + 4.40% between 2002 and 2004
- Austin-Round-Rock-TX only increased + 4.43% between 2002 and 2004
- Lafayette-IN only increased + 4.95% between 2002 and 2004
- Burlington-NC only increased + 5.39% between 2002 and 2004
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