Real Estate Appreciation for Chico, California: + 92.02%
Appreciation for MSAs:.
Let's start by comparing Chico, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 92.02% (+ 23.01% yearly) for the Chico, California MSA.
The entire state of CA had + 91.72% appreciation (+ 22.93% yearly).
The Chico, California MSA beat out the state. by + 0.33% appreciation.
Chico-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2004 | 1 | 190.49 | + 1.83% | + 7.31% |
| 2004 | 2 | 199.13 | + 4.54% | + 18.14% |
| 2004 | 3 | 215.94 | + 8.44% | + 33.77% |
| 2004 | 4 | 223.68 | + 3.58% | + 14.34% |
| 2005 | 1 | 231.48 | + 3.49% | + 13.95% |
| 2005 | 2 | 243.97 | + 5.40% | + 21.58% |
| 2005 | 3 | 257.53 | + 5.56% | + 22.23% |
| 2005 | 4 | 265.99 | + 3.29% | + 13.14% |
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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 $107,000.00 in 2002, you could multiply by + 92.02%, add the gain and see the home should be worth $205,464.41 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Chico-CA from 2002 to 2005:
+ 23.01%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 to the end of 2005
In contrast, the worst 5 MSAs from 2002 to 2005 were Lafayette-IN, Burlington-NC, Anderson-IN, Jonesboro-AR, and Fort-Wayne-IN .
- Lafayette-IN only increased + 6.22% between 2002 and 2005
- Burlington-NC only increased + 6.40% between 2002 and 2005
- Anderson-IN only increased + 8.50% between 2002 and 2005
- Jonesboro-AR only increased + 8.86% between 2002 and 2005
- Fort-Wayne-IN only increased + 9.30% between 2002 and 2005
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