Real Estate Appreciation for Salinas, California: + 94.75%
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 + 94.75% (+ 23.69% yearly) for the Salinas, California MSA.
The entire state of CA had + 91.72% appreciation (+ 22.93% yearly).
The Salinas, California MSA beat out the state. by + 3.30% appreciation.
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% |
| 2004 | 1 | 228.06 | + 2.81% | + 11.25% |
| 2004 | 2 | 243.34 | + 6.70% | + 26.80% |
| 2004 | 3 | 272.05 | + 11.80% | + 47.19% |
| 2004 | 4 | 286.52 | + 5.32% | + 21.28% |
| 2005 | 1 | 301.53 | + 5.24% | + 20.95% |
| 2005 | 2 | 318.19 | + 5.53% | + 22.10% |
| 2005 | 3 | 335.29 | + 5.37% | + 21.50% |
| 2005 | 4 | 357.03 | + 6.48% | + 25.94% |
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 $107,000.00 in 2002, you could multiply by + 94.75%, add the gain and see the home should be worth $208,379.48 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 2002 to 2005:
+ 23.69%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2005 were Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Yuba-City-CA .
- Bakersfield-CA increased +116.36% from 2002 to the end of 2005
- Fresno-CA increased +116.09% from 2002 to the end of 2005
- Madera-CA increased +114.32% from 2002 to the end of 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 to the end of 2005
- Yuba-City-CA increased +108.89% from 2002 to the end of 2005
For a 4 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Fresno-CA, Madera-CA, Riverside-San-Bernardino-Ontario-CA, and Bakersfield-CA .
- Bakersfield-CA increased +116.36% from 2002 thru 2005
- Fresno-CA increased +116.09% from 2002 thru 2005
- Madera-CA increased +114.32% from 2002 thru 2005
- Riverside-San-Bernardino-Ontario-CA increased +112.60% from 2002 thru 2005
- Bakersfield-CA increased +110.89% from 2003 thru 2006
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