Real Estate Appreciation for Bakersfield, California: +110.89%
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 +110.89% (+ 27.72% yearly) between 2003 and the end of 2006.
The state of CA had + 78.32% total appreciation (+ 19.58% yearly).
The Bakersfield, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 41.58% 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% |
| 2005 | 1 | 213.69 | + 6.62% | + 26.46% |
| 2005 | 2 | 227.28 | + 6.36% | + 25.44% |
| 2005 | 3 | 242.88 | + 6.86% | + 27.46% |
| 2005 | 4 | 258.81 | + 6.56% | + 26.24% |
| 2006 | 1 | 270.45 | + 4.50% | + 17.99% |
| 2006 | 2 | 276.06 | + 2.07% | + 8.30% |
| 2006 | 3 | 280.47 | + 1.60% | + 6.39% |
| 2006 | 4 | 281.75 | + 0.46% | + 1.83% |
Some of the ways peope use our appreciation data for Bakersfield, California include real estate investment .
Lets look at Bodfish, California, a city located in Bakersfield, California MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in California check out Spec-Loan.com
If you were going to do a Bodfish, California Refinance, or Bodfish, California Reverse Mortgages, you could estimate your home value.
If you knew your Bodfish, California home was worth $109,000.00 in 2003, you could multiply by +110.89%, add the gain and see the home should be worth $229,870.88 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Bakersfield-CA from 2003 to 2006:
+ 27.72%
Appreciation Comparisons
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 93205 - BODFISH, CA
MSA Pop: 713087Zip Pop: 1951
Avg Value: 59400
County: KERN
Elev: 408
Region: West
Lat: 35.58175
Long: -118.480921