Real Estate Appreciation for Salinas, California: + 54.72%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Salinas, California MSA appreciation it was + 54.72% (+ 18.24% yearly) from 2004 to 2006.
During the same time period, CA had + 54.55% (+ 18.18% yearly).
You can see that the Salinas, California MSA experienced higher appreciation in this case.
Salinas-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2006 | 1 | 357.73 | + 0.20% | + 0.78% |
| 2006 | 2 | 361.94 | + 1.18% | + 4.71% |
| 2006 | 3 | 354.56 | - 2.04% | - 8.16% |
| 2006 | 4 | 352.85 | - 0.48% | - 1.93% |
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 $110,000.00 in 2004, you could multiply by + 54.72%, add the gain and see the home should be worth $170,189.86 in 2006. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Salinas-CA from 2004 to 2006:
+ 18.24%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2006 were Naples-Marco-Island-FL, Bakersfield-CA, Bend-OR, Phoenix-Mesa-Scottdale-AZ, and Visalia-Porterville-CA .
- Naples-Marco-Island-FL increased + 77.60% from 2004 to the end of 2006
- Bakersfield-CA increased + 77.49% from 2004 to the end of 2006
- Bend-OR increased + 75.09% from 2004 to the end of 2006
- Phoenix-Mesa-Scottdale-AZ increased + 75.00% from 2004 to the end of 2006
- Visalia-Porterville-CA increased + 73.18% from 2004 to the end of 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