Real Estate Appreciation for Merced, California: + 64.51%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Merced, California MSA appreciation it was + 64.51% (+ 16.13% yearly) from 2000 to 2003.
During the same time period, CA had + 57.14% (+ 14.29% yearly).
You can see that the Merced, California MSA experienced higher appreciation in this case.
Merced-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 172.23 | + 2.42% | + 9.68% |
| 2003 | 2 | 177.15 | + 2.86% | + 11.43% |
| 2003 | 3 | 183.79 | + 3.75% | + 14.99% |
| 2003 | 4 | 190.87 | + 3.85% | + 15.41% |
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 $103,000.00 in 2000, you could multiply by + 64.51%, add the gain and see the home should be worth $169,450.18 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Merced-CA from 2000 to 2003:
+ 16.13%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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