Real Estate Appreciation for Salinas, California: + 95.77%
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 + 95.77% (+ 11.97% yearly).
All of the property in CA averaged + 78.91% change in value (+ 9.86% yearly).
Salinas-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Salinas, California .
Lets look at Salinas, California, a city located in Salinas, California MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Salinas, 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 $97,000.00 in 1995, you could multiply by + 95.77%, add the gain and see the home should be worth $189,896.90 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 1995 to 2002:
+ 11.97%
Appreciation Comparisons
The worst perfoming MSAs ever for a 8 year period, were Midland-TX, Midland-TX, Casper-WY, Lafayette-LA, and Lafayette-LA .
- Midland-TX lost - 34.76% from 1982 to 1989
- Midland-TX lost - 32.81% from 1983 thru 1990
- Casper-WY lost - 31.76% from 1983 thru 1990
- Lafayette-LA lost - 31.61% from 1981 thru 1988
- Lafayette-LA lost - 30.68% from 1982 thru 1989
The top 5 performing MSAs from 1995 to 2002 were Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Luis-Obispo-Paso-Robles-CA, and Napa-CA .
- Barnstable-Town-MA increased +119.52% from 1995 to the end of 2002
- San-Jose-Sunnyvale-Santa-Clara-CA increased +114.76% from 1995 to the end of 2002
- Santa-Cruz-Watsonville-CA increased +106.13% from 1995 to the end of 2002
- San-Luis-Obispo-Paso-Robles-CA increased +101.11% from 1995 to the end of 2002
- Napa-CA increased + 96.27% from 1995 to the end of 2002
Zip Code in MSA: 93902 - SALINAS, CA
MSA Pop: 414449Zip Pop: 0
Avg Value: 0
County: MONTEREY
Elev: 53
Region: West
Lat: 36.67302
Long: -121.65678