Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Salinas, California MSA appreciated + 78.44% (+ 26.15% yearly) between 2003 and the end of 2005.

The state of CA had + 69.89% total appreciation (+ 23.30% yearly). The Salinas, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated + 12.24% faster than the state as a whole.

Salinas-CA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


Lets look at Bradley, California, a city located in Salinas, California MSA.

Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans 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 $108,000.00 in 2003, you could multiply by + 78.44%, add the gain and see the home should be worth $192,719.11 in 2005. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Salinas-CA from 2003 to 2005:
+ 26.15%

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. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  2. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 93426 - BRADLEY, CA

MSA Pop: 414449
Zip Pop: 1348
Avg Value: 188600
County: MONTEREY
Elev: 53
Region: West
Lat: 35.755204
Long: -120.977019