Real Estate Appreciation for Chico, California: + 47.23%
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 Chico, California MSA appreciated + 47.23% (+ 11.81% yearly) for the period between 1999 and the end of 2002.
The state had + 51.92% total appreciation (+ 12.98% yearly).
The state average for California was higher than the real estate appreciation in the Chico, California MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 9.94% faster than this MSA.
Chico-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 107.02 | - 0.41% | - 1.64% |
| 1999 | 3 | 108.9 | + 1.76% | + 7.03% |
| 1999 | 4 | 108.13 | - 0.71% | - 2.83% |
| 2000 | 1 | 111.6 | + 3.21% | + 12.84% |
| 2000 | 2 | 114.63 | + 2.72% | + 10.86% |
| 2000 | 3 | 118.47 | + 3.35% | + 13.40% |
| 2000 | 4 | 121.45 | + 2.52% | + 10.06% |
| 2001 | 1 | 124.27 | + 2.32% | + 9.29% |
| 2001 | 2 | 130.13 | + 4.72% | + 18.86% |
| 2001 | 3 | 133.79 | + 2.81% | + 11.25% |
| 2001 | 4 | 135.65 | + 1.39% | + 5.56% |
| 2002 | 1 | 138.52 | + 2.12% | + 8.46% |
| 2002 | 2 | 145.98 | + 5.39% | + 21.54% |
| 2002 | 3 | 153.16 | + 4.92% | + 19.67% |
| 2002 | 4 | 158.21 | + 3.30% | + 13.19% |
Some of the ways peope use our appreciation data for Chico, California include real estate investment .
Lets look at Berry Creek, California, a city located in Chico, 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 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 $101,000.00 in 1999, you could multiply by + 47.23%, add the gain and see the home should be worth $148,699.14 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chico-CA from 1999 to 2002:
+ 11.81%
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: 95916 - BERRY CREEK, CA
MSA Pop: 211010Zip Pop: 1276
Avg Value: 101600
County: BUTTE
Elev: 174
Region: West
Lat: 39.637154
Long: -121.390333