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 +253.01% (+ 21.08% yearly) from 1994 to 2005.

During the same time period, CA had +192.43% (+ 16.04% 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
Please Select One
2002-2005 Quarterly Detailed Appreciation
1999-2002 Quarterly Detailed Appreciation
1996-1999 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 $99,000.00 in 1994, you could multiply by +253.01%, add the gain and see the home should be worth $349,475.68 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salinas-CA from 1994 to 2005:
+ 21.08%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1994 to 2005 were Rochester-NY, Elmira-NY, Buffalo-Niagara-Falls-NY, Springfield-IL, and McAllen-Edinburg-Mission-TX .

  1. Rochester-NY only increased + 29.90% between 1994 and 2005
  2. Elmira-NY only increased + 31.63% between 1994 and 2005
  3. Buffalo-Niagara-Falls-NY only increased + 33.47% between 1994 and 2005
  4. Springfield-IL only increased + 33.93% between 1994 and 2005
  5. McAllen-Edinburg-Mission-TX only increased + 36.85% between 1994 and 2005

The worst perfoming MSAs ever for a 12 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .

  1. Midland-TX lost - 29.95% from 1982 to 1993
  2. Midland-TX lost - 27.35% from 1983 thru 1994
  3. Midland-TX lost - 18.42% from 1984 thru 1995
  4. Odessa-TX lost - 17.39% from 1984 thru 1995
  5. Lafayette-LA lost - 14.77% from 1982 thru 1993

Zip Code in MSA: 93907 - SALINAS, CA

MSA Pop: 414449
Zip Pop: 22278
Avg Value: 263700
County: MONTEREY
Elev: 53
Region: West
Lat: 36.75732
Long: -121.66812