Real Estate Appreciation for Salinas, California: + 93.01%
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 + 93.01% (+ 9.30% yearly) between 1993 and the end of 2002.
The state of CA had + 62.82% total appreciation (+ 6.28% yearly).
The Salinas, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 48.06% faster than the state as a whole.
Salinas-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
1993-1996 Quarterly Detailed Appreciation
Some of the ways peope use our appreciation data for Salinas, California include real estate investment .
Lets look at Salinas, California, a city located in Salinas, 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 Salinas, California Refinance, or Salinas, California Reverse Mortgages, you could estimate your home value.
If you knew your Salinas, California home was worth $95,000.00 in 1993, you could multiply by + 93.01%, add the gain and see the home should be worth $183,359.46 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 1993 to 2002:
+ 9.30%
Appreciation Comparisons
The top 5 performing MSAs from 1993 to 2002 were Boulder-CO, Barnstable-Town-MA, Denver-Aurora-CO, Fort-Collins-Loveland-CO, and San-Jose-Sunnyvale-Santa-Clara-CA .
- Boulder-CO increased +120.35% from 1993 to the end of 2002
- Barnstable-Town-MA increased +118.49% from 1993 to the end of 2002
- Denver-Aurora-CO increased +117.89% from 1993 to the end of 2002
- Fort-Collins-Loveland-CO increased +112.44% from 1993 to the end of 2002
- San-Jose-Sunnyvale-Santa-Clara-CA increased +107.94% from 1993 to the end of 2002
In contrast, the worst 5 MSAs from 1993 to 2002 were Honolulu-HI, Binghamton-NY, Utica-Rome-NY, Rochester-NY, and Syracuse-NY .
- Honolulu-HI only increased + 1.77% between 1993 and 2002
- Binghamton-NY only increased + 10.26% between 1993 and 2002
- Utica-Rome-NY only increased + 11.82% between 1993 and 2002
- Rochester-NY only increased + 15.19% between 1993 and 2002
- Syracuse-NY only increased + 15.21% between 1993 and 2002
Zip Code in MSA: 93905 - SALINAS, CA
MSA Pop: 414449Zip Pop: 58537
Avg Value: 156900
County: MONTEREY
Elev: 53
Region: West
Lat: 36.680045
Long: -121.61804