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 +147.28% (+ 24.55% yearly) for the period between 1999 and the end of 2004.

The state had +117.04% total appreciation (+ 19.51% 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

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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2001-2004 Quarterly Detailed Appreciation


There are a lot of ways to use the appreciation data for Salinas, California .

Lets look at San Ardo, 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 San Ardo, California check out Spec-Loan.com

If you were going to do a San Ardo, California Refinance, or San Ardo, California Reverse Mortgages, you could estimate your home value.

If you knew your San Ardo, California home was worth $103,000.00 in 1999, you could multiply by +147.28%, add the gain and see the home should be worth $254,695.43 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salinas-CA from 1999 to 2004:
+ 24.55%

Appreciation Comparisons

Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.

  1. Anchorage-AK lost - 33.17% from 1984 thru 1989
  2. Midland-TX lost - 31.15% from 1982 thru 1987

Zip Code in MSA: 93450 - SAN ARDO, CA

MSA Pop: 414449
Zip Pop: 662
Avg Value: 113300
County: MONTEREY
Elev: 53
Region: West
Lat: 36.021962
Long: -120.904731