Real Estate Appreciation for Merced, California: + 56.18%
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 Merced, California MSA appreciated + 56.18% (+ 14.05% yearly) for the period between 1999 and the end of 2002.
The state had + 51.92% total appreciation (+ 12.98% yearly).
The Merced, 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.
Merced-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 107.82 | + 0.14% | + 0.56% |
| 1999 | 3 | 108.34 | + 0.48% | + 1.93% |
| 1999 | 4 | 109.63 | + 1.19% | + 4.76% |
| 2000 | 1 | 116.02 | + 5.83% | + 23.31% |
| 2000 | 2 | 119.34 | + 2.86% | + 11.45% |
| 2000 | 3 | 123.67 | + 3.63% | + 14.51% |
| 2000 | 4 | 130.3 | + 5.36% | + 21.44% |
| 2001 | 1 | 137.35 | + 5.41% | + 21.64% |
| 2001 | 2 | 143.04 | + 4.14% | + 16.57% |
| 2001 | 3 | 145.76 | + 1.90% | + 7.61% |
| 2001 | 4 | 149.45 | + 2.53% | + 10.13% |
| 2002 | 1 | 152.5 | + 2.04% | + 8.16% |
| 2002 | 2 | 157.4 | + 3.21% | + 12.85% |
| 2002 | 3 | 163.51 | + 3.88% | + 15.53% |
| 2002 | 4 | 168.16 | + 2.84% | + 11.38% |
There are a lot of ways to use the appreciation data for Merced, California .
Lets look at Santa Rita Park, California, a city located in Merced, 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 Santa Rita Park, California check out Spec-Loan.com
If you were going to do a Santa Rita Park, California Refinance, or Santa Rita Park, California Reverse Mortgages, you could estimate your home value.
If you knew your Santa Rita Park, California home was worth $101,000.00 in 1999, you could multiply by + 56.18%, add the gain and see the home should be worth $157,742.73 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Merced-CA from 1999 to 2002:
+ 14.05%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2002 were Barnstable-Town-MA, Napa-CA, Vallejo-Fairfield-CA, San-Luis-Obispo-Paso-Robles-CA, and Salinas-CA .
- Barnstable-Town-MA increased + 77.56% from 1999 to the end of 2002
- Napa-CA increased + 71.93% from 1999 to the end of 2002
- Vallejo-Fairfield-CA increased + 71.68% from 1999 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased + 71.04% from 1999 to the end of 2002
- Salinas-CA increased + 68.96% from 1999 to the end of 2002
In contrast, the worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .
- Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
- Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
- Midland-TX only increased + 6.09% between 1999 and 2002
- Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
- Lawton-OK only increased + 6.71% between 1999 and 2002
Zip Code in MSA: 93661 - SANTA RITA PARK, CA
MSA Pop: 231574Zip Pop: 0
Avg Value: 0
County: MERCED
Elev: 167
Region: West
Lat: 37.109638
Long: -120.596059