Real Estate Appreciation for Salinas, California: +108.65%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Salinas, California MSA appreciation it was +108.65% (+ 21.73% yearly) from 2000 to 2004.
During the same time period, CA had + 96.22% (+ 19.24% yearly).
You can see that the Salinas, California MSA experienced higher appreciation in this case.
Salinas-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
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 $104,000.00 in 2000, you could multiply by +108.65%, add the gain and see the home should be worth $216,997.38 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 2000 to 2004:
+ 21.73%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
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