Real Estate Appreciation for Chico, California: + 50.54%
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 + 50.54% (+ 16.85% yearly) for the period between 2001 and the end of 2003.
The state had + 38.27% total appreciation (+ 12.76% yearly).
The Chico, California MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Chico-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 162.23 | + 2.54% | + 10.16% |
| 2003 | 2 | 167.82 | + 3.45% | + 13.78% |
| 2003 | 3 | 175.51 | + 4.58% | + 18.33% |
| 2003 | 4 | 187.07 | + 6.59% | + 26.35% |
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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 $104,000.00 in 2001, you could multiply by + 50.54%, add the gain and see the home should be worth $156,556.53 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chico-CA from 2001 to 2003:
+ 16.85%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .
- Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
- Chico-CA increased + 50.54% from 2001 to the end of 2003
- Fresno-CA increased + 50.27% from 2001 to the end of 2003
- Redding-CA increased + 49.39% from 2001 to the end of 2003
- Madera-CA increased + 48.53% from 2001 to the end of 2003
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