Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Salinas, California MSA appreciated + 77.61% (+ 8.62% yearly) between 1993 and the end of 2001.

The state of CA had + 43.78% total appreciation (+ 4.86% yearly). The Salinas, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 77.29% faster than the state as a whole.

Salinas-CA

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
Please Select One
1998-2001 Quarterly Detailed Appreciation
1995-1998 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 $94,000.00 in 1993, you could multiply by + 77.61%, add the gain and see the home should be worth $166,953.56 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salinas-CA from 1993 to 2001:
+ 8.62%

Appreciation Comparisons

The worst 5 MSAs from 1993 to 2001 were Honolulu-HI, Binghamton-NY, Glens-Falls-NY, Utica-Rome-NY, and Albany-Schenectady-Troy-NY .

  1. Honolulu-HI decreased by - 5.78% between 1993 and 2001
  2. Binghamton-NY only increased + 5.82% between 1993 and 2001
  3. Glens-Falls-NY only increased + 6.79% between 1993 and 2001
  4. Utica-Rome-NY only increased + 7.04% between 1993 and 2001
  5. Albany-Schenectady-Troy-NY only increased + 7.30% between 1993 and 2001

For a 9 year period, the top 5 performing MSAs of all time are Salinas-CA, Salinas-CA, Springfield-MA, Naples-Marco-Island-FL, and San-Diego-Carlsbad-San-Marcos-CA .

  1. Salinas-CA increased +251.65% from 1997 thru 2005
  2. Salinas-CA increased +229.40% from 1998 thru 2006
  3. Springfield-MA increased +229.07% from 1981 thru 1989
  4. Naples-Marco-Island-FL increased +227.32% from 1998 thru 2006
  5. San-Diego-Carlsbad-San-Marcos-CA increased +218.50% from 1997 thru 2005

The worst perfoming MSAs ever for a 9 year period, were Midland-TX, Midland-TX, Lafayette-LA, Casper-WY, and Midland-TX .

  1. Midland-TX lost - 34.76% from 1982 to 1990
  2. Midland-TX lost - 32.77% from 1983 thru 1991
  3. Lafayette-LA lost - 26.59% from 1982 thru 1990
  4. Casper-WY lost - 26.42% from 1983 thru 1991
  5. Midland-TX lost - 25.57% from 1984 thru 1992

Zip Code in MSA: 93905 - SALINAS, CA

MSA Pop: 414449
Zip Pop: 58537
Avg Value: 156900
County: MONTEREY
Elev: 53
Region: West
Lat: 36.680045
Long: -121.61804