Real Estate Appreciation for Salinas, California: +118.69%
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 +118.69% (+ 10.79% yearly) between 1993 and the end of 2003.
The state of CA had + 86.29% total appreciation (+ 7.84% yearly).
The Salinas, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 37.54% faster than the state as a whole.
Salinas-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 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 $96,000.00 in 1993, you could multiply by +118.69%, add the gain and see the home should be worth $209,944.99 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 1993 to 2003:
+ 10.79%
Appreciation Comparisons
For a 11 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Providence-New-Bedford-Fall-River-RI-MA .
- Bridgeport-Stamford-Norwalk-CT increased +291.00% from 1977 thru 1987
- New-Haven-Milford-CT increased +263.57% from 1978 thru 1988
- Salinas-CA increased +257.03% from 1995 thru 2005
- Salinas-CA increased +246.95% from 1996 thru 2006
- Providence-New-Bedford-Fall-River-RI-MA increased +246.07% from 1977 thru 1987
Zip Code in MSA: 93906 - SALINAS, CA
MSA Pop: 414449Zip Pop: 53938
Avg Value: 193600
County: MONTEREY
Elev: 53
Region: West
Lat: 36.712066
Long: -121.639773