Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Salinas, California did compared to the state as a whole.

The Salinas, California MSA property value change was + 61.55% (+ 10.26% yearly).

All of the property in CA averaged + 42.48% change in value (+ 7.08% yearly).

Salinas-CA

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1997-2000 Quarterly Detailed Appreciation


Lets look at San Ardo, California, a city located in Salinas, California MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com

If you were going to do a San Ardo, California Refinance, or San Ardo, California Reverse Mortgages, you could estimate your home value.

If you knew your San Ardo, California home was worth $95,000.00 in 1995, you could multiply by + 61.55%, add the gain and see the home should be worth $153,472.50 in 2000. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salinas-CA from 1995 to 2000:
+ 10.26%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1995 to 2000 were Honolulu-HI, Utica-Rome-NY, El-Paso-TX, Buffalo-Niagara-Falls-NY, and Visalia-Porterville-CA .

  1. Honolulu-HI decreased by - 11.52% between 1995 and 2000
  2. Utica-Rome-NY only increased + 6.07% between 1995 and 2000
  3. El-Paso-TX only increased + 6.73% between 1995 and 2000
  4. Buffalo-Niagara-Falls-NY only increased + 6.78% between 1995 and 2000
  5. Visalia-Porterville-CA only increased + 7.37% between 1995 and 2000

The worst perfoming MSAs ever for a 6 year period, were Lafayette-LA, Lafayette-LA, Casper-WY, Anchorage-AK, and Midland-TX .

  1. Lafayette-LA lost - 42.13% from 1983 to 1988
  2. Lafayette-LA lost - 37.78% from 1982 thru 1987
  3. Casper-WY lost - 37.50% from 1983 thru 1988
  4. Anchorage-AK lost - 33.17% from 1984 thru 1989
  5. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 93450 - SAN ARDO, CA

MSA Pop: 414449
Zip Pop: 662
Avg Value: 113300
County: MONTEREY
Elev: 53
Region: West
Lat: 36.021962
Long: -120.904731