Real Estate Appreciation for Chico, California: +150.18%
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 +150.18% (+ 18.77% yearly) for the period between 1999 and the end of 2006.
The state had +177.18% total appreciation (+ 22.15% 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 + 17.98% faster than this MSA.
Chico-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2003-2006 Quarterly Detailed Appreciation
2000-2003 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Chico, California .
Lets look at Chico, 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 Chico, California check out Spec-Loan.com
If you were going to do a Chico, California Refinance, or Chico, California Reverse Mortgages, you could estimate your home value.
If you knew your Chico, California home was worth $105,000.00 in 1999, you could multiply by +150.18%, add the gain and see the home should be worth $262,685.65 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chico-CA from 1999 to 2006:
+ 18.77%
Appreciation Comparisons
The worst 5 MSAs from 1999 to 2006 were Kokomo-IN, Lafayette-IN, Anderson-IN, Muncie-IN, and Sioux-City-IA-NE-SD .
- Kokomo-IN only increased + 14.46% between 1999 and 2006
- Lafayette-IN only increased + 14.84% between 1999 and 2006
- Anderson-IN only increased + 19.94% between 1999 and 2006
- Muncie-IN only increased + 20.82% between 1999 and 2006
- Sioux-City-IA-NE-SD only increased + 21.59% between 1999 and 2006
For a 8 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, Salinas-CA, and Naples-Marco-Island-FL .
- Salinas-CA increased +233.30% from 1998 thru 2005
- Springfield-MA increased +225.43% from 1981 thru 1988
- Naples-Marco-Island-FL increased +209.59% from 1999 thru 2006
- Salinas-CA increased +204.52% from 1999 thru 2006
- Naples-Marco-Island-FL increased +202.95% from 1998 thru 2005
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
Zip Code in MSA: 95928 - CHICO, CA
MSA Pop: 211010Zip Pop: 32831
Avg Value: 137000
County: BUTTE
Elev: 174
Region: West
Lat: 39.72507
Long: -121.81204