Real Estate Appreciation for Salinas, California: + 39.42%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Salinas, California MSA appreciated + 39.42% (+ 19.71% yearly) for the period between 1999 and the end of 2000.
The state had + 20.98% total appreciation (+ 10.49% yearly).
The Salinas, California MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Salinas-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 119.16 | + 2.84% | + 11.36% |
| 1999 | 3 | 123.07 | + 3.28% | + 13.13% |
| 1999 | 4 | 128.93 | + 4.76% | + 19.05% |
| 2000 | 1 | 137.32 | + 6.51% | + 26.03% |
| 2000 | 2 | 144.32 | + 5.10% | + 20.39% |
| 2000 | 3 | 152.38 | + 5.58% | + 22.34% |
| 2000 | 4 | 161.55 | + 6.02% | + 24.07% |
If you feel like property in this area is good for investment, you may want to consider looking at some fixer up properties to rehab. Rehabbing proeprty can help maximize your profits since you can usually buy a house that needs work at a reduced price. If you want information on a Hard Money Rehab Loan in Bradley, California click on Spec-Loan.com. The right financing can make all the difference when rehabbing property. Not all lenders will allow you to purchase a home that needs work. Make sure you look at all of the appreciation data we have for Salinas, California.
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 $99,000.00 in 1999, you could multiply by + 39.42%, add the gain and see the home should be worth $138,029.26 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 1999 to 2000:
+ 19.71%
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