Real Estate Appreciation for Bakersfield, California: + 50.02%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Bakersfield, California MSA appreciated + 50.02% (+ 25.01% yearly) between 2003 and the end of 2004.
The state of CA had + 39.63% total appreciation (+ 19.82% yearly).
The Bakersfield, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 26.21% faster than the state as a whole.
Bakersfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
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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 $107,000.00 in 2003, you could multiply by + 50.02%, add the gain and see the home should be worth $160,524.03 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 2003 to 2004:
+ 25.01%
Appreciation Comparisons
The top 5 performing MSAs from 2003 to 2004 were Las-Vegas-Paradise-NV, Riverside-San-Bernardino-Ontario-CA, Bakersfield-CA, Madera-CA, and Fresno-CA .
- Las-Vegas-Paradise-NV increased + 54.53% from 2003 to the end of 2004
- Riverside-San-Bernardino-Ontario-CA increased + 51.05% from 2003 to the end of 2004
- Bakersfield-CA increased + 50.02% from 2003 to the end of 2004
- Madera-CA increased + 48.31% from 2003 to the end of 2004
- Fresno-CA increased + 47.99% from 2003 to the end of 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