Real Estate Appreciation for Chico, California: + 1.10%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Chico, California MSA appreciation it was + 1.10% (+ 0.27% yearly) from 1994 to 1997.
During the same time period, CA had + 0.03% (+ 0.01% yearly).
You can see that the Chico, California MSA experienced higher appreciation in this case.
Chico-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1994 | 2 | 101.86 | - 0.96% | - 3.85% |
| 1994 | 3 | 100.91 | - 0.93% | - 3.73% |
| 1994 | 4 | 99.73 | - 1.17% | - 4.68% |
| 1995 | 1 | 100 | + 0.27% | + 1.08% |
| 1995 | 2 | 102.04 | + 2.04% | + 8.16% |
| 1995 | 3 | 102.35 | + 0.30% | + 1.22% |
| 1995 | 4 | 101.93 | - 0.41% | - 1.64% |
| 1996 | 1 | 103.66 | + 1.70% | + 6.79% |
| 1996 | 2 | 101.67 | - 1.92% | - 7.68% |
| 1996 | 3 | 100.39 | - 1.26% | - 5.04% |
| 1996 | 4 | 100.62 | + 0.23% | + 0.92% |
| 1997 | 1 | 101.7 | + 1.07% | + 4.29% |
| 1997 | 2 | 102.47 | + 0.76% | + 3.03% |
| 1997 | 3 | 103.48 | + 0.99% | + 3.94% |
| 1997 | 4 | 103.98 | + 0.48% | + 1.93% |
There are a lot of ways to use the appreciation data for Chico, California .
Lets look at Berry Creek, California, a city located in Chico, 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 Berry Creek, California check out Spec-Loan.com
If you were going to do a Berry Creek, California Refinance, or Berry Creek, California Reverse Mortgages, you could estimate your home value.
If you knew your Berry Creek, California home was worth $91,000.00 in 1994, you could multiply by + 1.10%, add the gain and see the home should be worth $91,999.81 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chico-CA from 1994 to 1997:
+ 0.27%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1994 to 1997 were Honolulu-HI, Utica-Rome-NY, Binghamton-NY, Riverside-San-Bernardino-Ontario-CA, and Kingston-NY .
- Honolulu-HI decreased by - 14.47% between 1994 and 1997
- Utica-Rome-NY decreased by - 12.23% between 1994 and 1997
- Binghamton-NY decreased by - 9.70% between 1994 and 1997
- Riverside-San-Bernardino-Ontario-CA decreased by - 8.40% between 1994 and 1997
- Kingston-NY decreased by - 6.47% between 1994 and 1997
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: 95916 - BERRY CREEK, CA
MSA Pop: 211010Zip Pop: 1276
Avg Value: 101600
County: BUTTE
Elev: 174
Region: West
Lat: 39.637154
Long: -121.390333