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 Napa, California MSA appreciation it was + 45.33% (+ 15.11% yearly) from 2000 to 2002.

During the same time period, CA had + 37.34% (+ 12.45% yearly). You can see that the Napa, California MSA experienced higher appreciation in this case.

Napa-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2000 2 141.74 + 4.95% + 19.81%
2000 3 148.82 + 5.00% + 19.98%
2000 4 152.79 + 2.67% + 10.67%
2001 1 160.27 + 4.90% + 19.58%
2001 2 166.28 + 3.75% + 15.00%
2001 3 170.72 + 2.67% + 10.68%
2001 4 171.94 + 0.71% + 2.86%
2002 1 178.43 + 3.77% + 15.10%
2002 2 183.58 + 2.89% + 11.55%
2002 3 190.4 + 3.72% + 14.86%
2002 4 196.27 + 3.08% + 12.33%


Lets look at American Canyon, California, a city located in Napa, California MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a American Canyon, California Refinance, or American Canyon, California Reverse Mortgages, you could estimate your home value.

If you knew your American Canyon, California home was worth $102,000.00 in 2000, you could multiply by + 45.33%, add the gain and see the home should be worth $148,237.99 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Napa-CA from 2000 to 2002:
+ 15.11%

Appreciation Comparisons

The worst 5 MSAs from 2000 to 2002 were Wenatchee-WA, Lafayette-IN, Springfield-IL, Ogden-Clearfield-UT, and Provo-Orem-UT .

  1. Wenatchee-WA only increased + 5.30% between 2000 and 2002
  2. Lafayette-IN only increased + 7.07% between 2000 and 2002
  3. Springfield-IL only increased + 7.12% between 2000 and 2002
  4. Ogden-Clearfield-UT only increased + 7.34% between 2000 and 2002
  5. Provo-Orem-UT only increased + 7.67% between 2000 and 2002

For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 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: 94503 - AMERICAN CANYON, CA

MSA Pop: 131607
Zip Pop: 0
Avg Value: 0
County: NAPA
Elev: 17
Region: West
Lat: 38.116667
Long: -122.233333