Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Chico, California MSA appreciated + 63.96% (+ 21.32% yearly) between 2003 and the end of 2005.

The state of CA had + 69.89% total appreciation (+ 23.30% yearly). The state average for California was higher than the real estate appreciation in the Chico, California MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 9.27% faster than this MSA.

Chico-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


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 $108,000.00 in 2003, you could multiply by + 63.96%, add the gain and see the home should be worth $177,075.26 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Chico-CA from 2003 to 2005:
+ 21.32%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .

  1. Burlington-NC only increased + 3.06% between 2003 and 2005
  2. Lafayette-IN only increased + 4.69% between 2003 and 2005
  3. Jonesboro-AR only increased + 5.04% between 2003 and 2005
  4. Anderson-IN only increased + 5.16% between 2003 and 2005
  5. Rocky-Mount-NC only increased + 5.82% between 2003 and 2005

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 95916 - BERRY CREEK, CA

MSA Pop: 211010
Zip Pop: 1276
Avg Value: 101600
County: BUTTE
Elev: 174
Region: West
Lat: 39.637154
Long: -121.390333