Real Estate Appreciation for Salinas, California: +178.15%
Appreciation for MSAs:.
Let's start by comparing Salinas, 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 +178.15% (+ 13.70% yearly) for the Salinas, California MSA.
The entire state of CA had +124.15% appreciation (+ 9.55% yearly).
The Salinas, California MSA beat out the state. by + 43.49% appreciation.
Salinas-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
1992-1995 Quarterly Detailed Appreciation
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Salinas, California click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Salinas, California.
If you were going to do a Salinas, California Refinance, or Salinas, California Reverse Mortgages, you could estimate your home value.
If you knew your Salinas, California home was worth $96,000.00 in 1992, you could multiply by +178.15%, add the gain and see the home should be worth $267,021.84 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 1992 to 2004:
+ 13.70%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1992 to 2004 were Binghamton-NY, Rochester-NY, Utica-Rome-NY, Syracuse-NY, and Buffalo-Niagara-Falls-NY .
- Binghamton-NY only increased + 14.08% between 1992 and 2004
- Rochester-NY only increased + 26.77% between 1992 and 2004
- Utica-Rome-NY only increased + 29.13% between 1992 and 2004
- Syracuse-NY only increased + 31.10% between 1992 and 2004
- Buffalo-Niagara-Falls-NY only increased + 31.46% between 1992 and 2004
The worst perfoming MSAs ever for a 13 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Odessa-TX .
- Midland-TX lost - 29.46% from 1982 to 1994
- Midland-TX lost - 24.49% from 1983 thru 1995
- Midland-TX lost - 18.51% from 1984 thru 1996
- Odessa-TX lost - 15.99% from 1984 thru 1996
- Odessa-TX lost - 10.08% from 1985 thru 1997
Zip Code in MSA: 93907 - SALINAS, CA
MSA Pop: 414449Zip Pop: 22278
Avg Value: 263700
County: MONTEREY
Elev: 53
Region: West
Lat: 36.75732
Long: -121.66812