Real Estate Appreciation for Riverside San Bernardino Ontario, California: + 12.53%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Riverside San Bernardino Ontario, California did compared to the state as a whole.
The Riverside San Bernardino Ontario, California MSA property value change was + 12.53% (+ 6.27% yearly).
All of the property in CA averaged + 14.27% change in value (+ 7.14% yearly).
Riverside-San-Bernardino-Ontario-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 99.35 | - 0.15% | - 0.60% |
| 1997 | 3 | 100.98 | + 1.64% | + 6.56% |
| 1997 | 4 | 102.76 | + 1.76% | + 7.05% |
| 1998 | 1 | 105.85 | + 3.01% | + 12.03% |
| 1998 | 2 | 107.29 | + 1.36% | + 5.44% |
| 1998 | 3 | 109.11 | + 1.70% | + 6.79% |
| 1998 | 4 | 111.97 | + 2.62% | + 10.48% |
Some of the ways peope use our appreciation data for Riverside San Bernardino Ontario, California include real estate investment .
Lets look at Calimesa, California, a city located in Riverside San Bernardino Ontario, California MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in California check out Spec-Loan.com
If you were going to do a Calimesa, California Refinance, or Calimesa, California Reverse Mortgages, you could estimate your home value.
If you knew your Calimesa, California home was worth $95,000.00 in 1997, you could multiply by + 12.53%, add the gain and see the home should be worth $106,906.03 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Riverside-San-Bernardino-Ontario-CA from 1997 to 1998:
+ 6.27%
Appreciation Comparisons
The worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .
- Honolulu-HI decreased by - 3.48% between 1997 and 1998
- Williamsport-PA decreased by - 0.05% between 1997 and 1998
- Ithaca-NY only increased + 1.04% between 1997 and 1998
- Utica-Rome-NY only increased + 1.56% between 1997 and 1998
- Pittsfield-MA only increased + 2.16% between 1997 and 1998
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 .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 92320 - CALIMESA, CA
MSA Pop: 3642328Zip Pop: 7323
Avg Value: 97300
County: RIVERSIDE
Elev: 851
Region: West
Lat: 33.991921
Long: -117.042336