Real Estate Appreciation for Salinas, California: + 11.15%
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 + 11.15% (+ 5.57% yearly).
All of the property in CA averaged + 14.27% change in value (+ 7.14% yearly).
Salinas-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 102.17 | + 0.63% | + 2.52% |
| 1997 | 3 | 103.7 | + 1.50% | + 5.99% |
| 1997 | 4 | 104.9 | + 1.16% | + 4.63% |
| 1998 | 1 | 107.12 | + 2.12% | + 8.47% |
| 1998 | 2 | 108.2 | + 1.01% | + 4.03% |
| 1998 | 3 | 110.79 | + 2.39% | + 9.57% |
| 1998 | 4 | 112.85 | + 1.86% | + 7.44% |
Some of the ways peope use our appreciation data for Salinas, California include real estate investment .
Lets look at Bradley, California, a city located in Salinas, California MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $95,000.00 in 1997, you could multiply by + 11.15%, add the gain and see the home should be worth $105,591.94 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 1997 to 1998:
+ 5.57%
Appreciation Comparisons
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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