Real Estate Appreciation for Salinas, California: + 59.73%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Salinas, California MSA appreciation it was + 59.73% (+ 8.53% yearly) from 1994 to 2000.
During the same time period, CA had + 33.98% (+ 4.85% yearly).
You can see that the Salinas, California MSA experienced higher appreciation in this case.
Salinas-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 1994, you could multiply by + 59.73%, add the gain and see the home should be worth $150,145.34 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 1994 to 2000:
+ 8.53%
Appreciation Comparisons
For a 7 year period, the top 5 performing MSAs of all time are Salinas-CA, Springfield-MA, Merced-CA, Naples-Marco-Island-FL, and Vallejo-Fairfield-CA .
- Salinas-CA increased +208.13% from 1999 thru 2005
- Springfield-MA increased +199.02% from 1981 thru 1987
- Merced-CA increased +193.70% from 1999 thru 2005
- Naples-Marco-Island-FL increased +186.53% from 1999 thru 2005
- Vallejo-Fairfield-CA increased +185.64% from 1999 thru 2005
The worst perfoming MSAs ever for a 7 year period, were Lafayette-LA, Casper-WY, Midland-TX, Lafayette-LA, and Midland-TX .
- Lafayette-LA lost - 40.40% from 1982 to 1988
- Casper-WY lost - 35.78% from 1983 thru 1989
- Midland-TX lost - 32.81% from 1983 thru 1989
- Lafayette-LA lost - 32.70% from 1983 thru 1989
- Midland-TX lost - 31.48% from 1982 thru 1988
Zip Code in MSA: 93901 - SALINAS, CA
MSA Pop: 414449Zip Pop: 35723
Avg Value: 237400
County: MONTEREY
Elev: 53
Region: West
Lat: 36.667813
Long: -121.65606