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 Redding, California MSA appreciated + 49.39% (+ 16.46% yearly) for the period between 2001 and the end of 2003.

The state had + 38.27% total appreciation (+ 12.76% yearly). The Redding, 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.

Redding-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
2001 2 117.58 + 2.79% + 11.15%
2001 3 122.04 + 3.79% + 15.17%
2001 4 123.88 + 1.51% + 6.03%
2002 1 127.52 + 2.94% + 11.75%
2002 2 133.12 + 4.39% + 17.57%
2002 3 139.59 + 4.86% + 19.44%
2002 4 144.37 + 3.42% + 13.70%
2003 1 150.1 + 3.97% + 15.88%
2003 2 154.49 + 2.92% + 11.70%
2003 3 161.7 + 4.67% + 18.67%
2003 4 170.89 + 5.68% + 22.73%


There are a lot of ways to use the appreciation data for Redding, California .

Lets look at Redding, California, a city located in Redding, 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 Redding, California check out Spec-Loan.com

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

If you knew your Redding, California home was worth $104,000.00 in 2001, you could multiply by + 49.39%, add the gain and see the home should be worth $155,368.13 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Redding-CA from 2001 to 2003:
+ 16.46%

Appreciation Comparisons

The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .

  1. Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
  2. Chico-CA increased + 50.54% from 2001 to the end of 2003
  3. Fresno-CA increased + 50.27% from 2001 to the end of 2003
  4. Redding-CA increased + 49.39% from 2001 to the end of 2003
  5. Madera-CA increased + 48.53% from 2001 to the end of 2003

In contrast, the worst 5 MSAs from 2001 to 2003 were Ogden-Clearfield-UT, Logan-UT-ID, Provo-Orem-UT, Austin-Round-Rock-TX, and Jackson-TN .

  1. Ogden-Clearfield-UT only increased + 2.75% between 2001 and 2003
  2. Logan-UT-ID only increased + 2.82% between 2001 and 2003
  3. Provo-Orem-UT only increased + 2.87% between 2001 and 2003
  4. Austin-Round-Rock-TX only increased + 3.75% between 2001 and 2003
  5. Jackson-TN only increased + 3.85% between 2001 and 2003

Zip Code in MSA: 96001 - REDDING, CA

MSA Pop: 175650
Zip Pop: 31585
Avg Value: 126900
County: SHASTA
Elev: 557
Region: West
Lat: 40.562089
Long: -122.422261