Real Estate Appreciation for Salinas, California: + 3.15%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- Salinas, California: + 3.15%
- State of CA: + 4.26%
- Difference: - 26.12%
Salinas-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1996 | 2 | 101.12 | - 0.57% | - 2.28% |
| 1996 | 3 | 100.27 | - 0.84% | - 3.36% |
| 1996 | 4 | 101.15 | + 0.88% | + 3.51% |
| 1997 | 1 | 101.53 | + 0.38% | + 1.50% |
| 1997 | 2 | 102.17 | + 0.63% | + 2.52% |
| 1997 | 3 | 103.7 | + 1.50% | + 5.99% |
| 1997 | 4 | 104.9 | + 1.16% | + 4.63% |
There are a lot of ways to use the appreciation data for Salinas, California .
Lets look at Bradley, 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 Bradley, California check out Spec-Loan.com
If you were going to do a Bradley, California Refinance, or Bradley, California Reverse Mortgages, you could estimate your home value.
If you knew your Bradley, California home was worth $93,000.00 in 1996, you could multiply by + 3.15%, add the gain and see the home should be worth $95,926.25 in 1997. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 1996 to 1997:
+ 1.57%
Appreciation Comparisons
The top 5 performing MSAs from 1996 to 1997 were San-Jose-Sunnyvale-Santa-Clara-CA, Bay-City-MI, Jackson-MI, Monroe-MI, and Muskegon-North-Shores-MI .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 18.65% from 1996 to the end of 1997
- Bay-City-MI increased + 14.57% from 1996 to the end of 1997
- Jackson-MI increased + 14.25% from 1996 to the end of 1997
- Monroe-MI increased + 14.01% from 1996 to the end of 1997
- Muskegon-North-Shores-MI increased + 13.83% from 1996 to the end of 1997
In contrast, the worst 5 MSAs from 1996 to 1997 were Honolulu-HI, Utica-Rome-NY, Lewiston-Auburn-ME, Madera-CA, and Johnstown-PA .
- Honolulu-HI decreased by - 11.37% between 1996 and 1997
- Utica-Rome-NY decreased by - 5.89% between 1996 and 1997
- Lewiston-Auburn-ME decreased by - 2.85% between 1996 and 1997
- Madera-CA decreased by - 2.52% between 1996 and 1997
- Johnstown-PA decreased by - 2.31% between 1996 and 1997
Zip Code in MSA: 93426 - BRADLEY, CA
MSA Pop: 414449Zip Pop: 1348
Avg Value: 188600
County: MONTEREY
Elev: 53
Region: West
Lat: 35.755204
Long: -120.977019