Real Estate Appreciation for Salinas, California: + 20.99%
Appreciation for MSAs:.
Let's start by comparing Salinas, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 20.99% (+ 10.50% yearly) for the Salinas, California MSA.
The entire state of CA had + 26.20% appreciation (+ 13.10% yearly).
The state average for California was higher than the real estate appreciation in the Salinas, California MSA. This means the conditions in the MSA for real estate investment were worse by + 24.80%.
Salinas-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 186.78 | + 1.88% | + 7.53% |
| 2002 | 3 | 191.43 | + 2.49% | + 9.96% |
| 2002 | 4 | 195.77 | + 2.27% | + 9.07% |
| 2003 | 1 | 200.08 | + 2.20% | + 8.81% |
| 2003 | 2 | 202.55 | + 1.23% | + 4.94% |
| 2003 | 3 | 208.89 | + 3.13% | + 12.52% |
| 2003 | 4 | 221.82 | + 6.19% | + 24.76% |
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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 $105,000.00 in 2002, you could multiply by + 20.99%, add the gain and see the home should be worth $127,044.67 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 2002 to 2003:
+ 10.50%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2002 to 2003 were Ogden-Clearfield-UT, Lafayette-IN, Fayetteville-NC, Logan-UT-ID, and Provo-Orem-UT .
- Ogden-Clearfield-UT only increased + 1.57% between 2002 and 2003
- Lafayette-IN only increased + 2.02% between 2002 and 2003
- Fayetteville-NC only increased + 2.05% between 2002 and 2003
- Logan-UT-ID only increased + 2.05% between 2002 and 2003
- Provo-Orem-UT only increased + 2.06% between 2002 and 2003
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