Appreciation for MSAs:.

Let's start by comparing Redding, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.

We have appreciattion of + 34.01% (+ 17.01% yearly) for the Redding, California MSA.

The entire state of CA had + 26.20% appreciation (+ 13.10% yearly). The Redding, California MSA beat out the state. by + 29.80% appreciation.

Redding-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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 $105,000.00 in 2002, you could multiply by + 34.01%, add the gain and see the home should be worth $140,710.87 in 2003. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Redding-CA from 2002 to 2003:
+ 17.01%

Appreciation Comparisons

The top 5 performing MSAs from 2002 to 2003 were Fresno-CA, Yuba-City-CA, Chico-CA, Madera-CA, and Redding-CA .

  1. Fresno-CA increased + 36.89% from 2002 to the end of 2003
  2. Yuba-City-CA increased + 35.43% from 2002 to the end of 2003
  3. Chico-CA increased + 35.05% from 2002 to the end of 2003
  4. Madera-CA increased + 34.32% from 2002 to the end of 2003
  5. Redding-CA increased + 34.01% from 2002 to the end of 2003

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

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