Real Estate Appreciation for Salinas, California: + 68.96%
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 + 68.96% (+ 17.24% yearly) for the period between 1999 and the end of 2002.
The state had + 51.92% total appreciation (+ 12.98% 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% |
| 2001 | 1 | 169.37 | + 4.84% | + 19.36% |
| 2001 | 2 | 176.43 | + 4.17% | + 16.67% |
| 2001 | 3 | 179.95 | + 2.00% | + 7.98% |
| 2001 | 4 | 180.15 | + 0.11% | + 0.44% |
| 2002 | 1 | 183.33 | + 1.77% | + 7.06% |
| 2002 | 2 | 186.78 | + 1.88% | + 7.53% |
| 2002 | 3 | 191.43 | + 2.49% | + 9.96% |
| 2002 | 4 | 195.77 | + 2.27% | + 9.07% |
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 $101,000.00 in 1999, you could multiply by + 68.96%, add the gain and see the home should be worth $170,646.16 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 1999 to 2002:
+ 17.24%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
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