Real Estate Appreciation for Merced, California: + 85.21%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Merced, California MSA appreciated + 85.21% (+ 21.30% yearly) between 2003 and the end of 2006.
The state of CA had + 78.32% total appreciation (+ 19.58% yearly).
The Merced, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 8.80% faster than the state as a whole.
Merced-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2003 | 2 | 177.15 | + 2.86% | + 11.43% |
| 2003 | 3 | 183.79 | + 3.75% | + 14.99% |
| 2003 | 4 | 190.87 | + 3.85% | + 15.41% |
| 2004 | 1 | 198.3 | + 3.89% | + 15.57% |
| 2004 | 2 | 208.86 | + 5.33% | + 21.30% |
| 2004 | 3 | 225.52 | + 7.98% | + 31.91% |
| 2004 | 4 | 240.46 | + 6.62% | + 26.50% |
| 2005 | 1 | 255.2 | + 6.13% | + 24.52% |
| 2005 | 2 | 277 | + 8.54% | + 34.17% |
| 2005 | 3 | 298.14 | + 7.63% | + 30.53% |
| 2005 | 4 | 316.23 | + 6.07% | + 24.27% |
| 2006 | 1 | 323.67 | + 2.35% | + 9.41% |
| 2006 | 2 | 324.88 | + 0.37% | + 1.50% |
| 2006 | 3 | 324.61 | - 0.08% | - 0.33% |
| 2006 | 4 | 318.99 | - 1.73% | - 6.93% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Merced-CA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in California, you can do some research at 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 $109,000.00 in 2003, you could multiply by + 85.21%, add the gain and see the home should be worth $201,880.68 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Merced-CA from 2003 to 2006:
+ 21.30%
Appreciation Comparisons
The worst 5 MSAs from 2003 to 2006 were Kokomo-IN, Anderson-IN, Lafayette-IN, Saginaw-Saginaw-Township-North-MI, and Muncie-IN .
- Kokomo-IN only increased + 2.97% between 2003 and 2006
- Anderson-IN only increased + 3.19% between 2003 and 2006
- Lafayette-IN only increased + 5.02% between 2003 and 2006
- Saginaw-Saginaw-Township-North-MI only increased + 5.27% between 2003 and 2006
- Muncie-IN only increased + 6.15% between 2003 and 2006
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
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