Real Estate Appreciation for San Luis Obispo Paso Robles, California: - 5.21%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The San Luis Obispo Paso Robles, California MSA appreciated - 5.21% (- 1.74% yearly) between 1993 and the end of 1995.
The state of CA had - 7.15% total appreciation (- 2.38% yearly).
The San Luis Obispo Paso Robles, California MSA outperformed the state. This gives us important insight into the apprecaition of this MSA. The msa appreciated - 27.11% faster than the state as a whole.
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1993 | 2 | 107.61 | - 0.71% | - 2.84% |
| 1993 | 3 | 106.99 | - 0.58% | - 2.30% |
| 1993 | 4 | 106.87 | - 0.11% | - 0.45% |
| 1994 | 1 | 106.6 | - 0.25% | - 1.01% |
| 1994 | 2 | 103.13 | - 3.26% | - 13.02% |
| 1994 | 3 | 101.77 | - 1.32% | - 5.27% |
| 1994 | 4 | 101.21 | - 0.55% | - 2.20% |
| 1995 | 1 | 100 | - 1.20% | - 4.78% |
| 1995 | 2 | 101.37 | + 1.37% | + 5.48% |
| 1995 | 3 | 101.67 | + 0.30% | + 1.18% |
| 1995 | 4 | 102.73 | + 1.04% | + 4.17% |
Lets look at San Luis Obispo, California, a city located in San Luis Obispo Paso Robles, 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 San Luis Obispo, California Refinance, or San Luis Obispo, California Reverse Mortgages, you could estimate your home value.
If you knew your San Luis Obispo, California home was worth $88,000.00 in 1993, you could multiply by - 5.21%, add the gain and see the home should be worth $83,412.44 in 1995. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 1993 to 1995:
- 1.74%
Appreciation Comparisons
For a 3 year period, the top 5 performing MSAs of all time are Bakersfield-CA, Visalia-Porterville-CA, Fort-Walton-Beach-Crestview-Destin-FL, Madera-CA, and Palm-Bay-Melbourne-Titusville-FL .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- Palm-Bay-Melbourne-Titusville-FL increased + 85.00% from 2003 thru 2005
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
Zip Code in MSA: 93401 - SAN LUIS OBISPO, CA
MSA Pop: 253118Zip Pop: 27034
Avg Value: 275800
County: SAN LUIS OBISPO
Elev: 234
Region: West
Lat: 35.260886
Long: -120.653936