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 + 78.12% (+ 9.76% yearly) from 1994 to 2001.

During the same time period, CA had + 48.56% (+ 6.07% 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 Only
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1998-2001 Quarterly Detailed Appreciation
1995-1998 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 $95,000.00 in 1994, you could multiply by + 78.12%, add the gain and see the home should be worth $169,213.47 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salinas-CA from 1994 to 2001:
+ 9.76%

Appreciation Comparisons

The top 5 performing MSAs from 1994 to 2001 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Denver-Aurora-CO, Barnstable-Town-MA, and Boulder-CO .

  1. San-Jose-Sunnyvale-Santa-Clara-CA increased +101.92% from 1994 to the end of 2001
  2. Santa-Cruz-Watsonville-CA increased + 90.40% from 1994 to the end of 2001
  3. Denver-Aurora-CO increased + 90.13% from 1994 to the end of 2001
  4. Barnstable-Town-MA increased + 84.94% from 1994 to the end of 2001
  5. Boulder-CO increased + 84.59% from 1994 to the end of 2001

In contrast, the worst 5 MSAs from 1994 to 2001 were Honolulu-HI, Utica-Rome-NY, Glens-Falls-NY, Albany-Schenectady-Troy-NY, and Syracuse-NY .

  1. Honolulu-HI decreased by - 7.06% between 1994 and 2001
  2. Utica-Rome-NY only increased + 6.45% between 1994 and 2001
  3. Glens-Falls-NY only increased + 6.82% between 1994 and 2001
  4. Albany-Schenectady-Troy-NY only increased + 6.99% between 1994 and 2001
  5. Syracuse-NY only increased + 7.38% between 1994 and 2001

Zip Code in MSA: 93902 - SALINAS, CA

MSA Pop: 414449
Zip Pop: 0
Avg Value: 0
County: MONTEREY
Elev: 53
Region: West
Lat: 36.67302
Long: -121.65678