Real Estate Appreciation for San Luis Obispo Paso Robles, California: +111.04%
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 +111.04% (+ 10.09% yearly) between 1993 and the end of 2003.
The state of CA had + 86.29% total appreciation (+ 7.84% 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 + 28.67% faster than the state as a whole.
San-Luis-Obispo-Paso-Robles-CA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2000-2003 Quarterly Detailed Appreciation
1997-2000 Quarterly Detailed Appreciation
1994-1997 Quarterly Detailed Appreciation
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 $96,000.00 in 1993, you could multiply by +111.04%, add the gain and see the home should be worth $202,593.84 in 2003. 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 2003:
+ 10.09%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1993 to 2003 were Binghamton-NY, Honolulu-HI, Rochester-NY, Elmira-NY, and Utica-Rome-NY .
- Binghamton-NY only increased + 13.04% between 1993 and 2003
- Honolulu-HI only increased + 15.17% between 1993 and 2003
- Rochester-NY only increased + 20.38% between 1993 and 2003
- Elmira-NY only increased + 20.39% between 1993 and 2003
- Utica-Rome-NY only increased + 20.41% between 1993 and 2003
The worst perfoming MSAs ever for a 11 year period, were Midland-TX, Midland-TX, Midland-TX, Odessa-TX, and Lafayette-LA .
- Midland-TX lost - 33.11% from 1982 to 1992
- Midland-TX lost - 27.85% from 1983 thru 1993
- Midland-TX lost - 21.51% from 1984 thru 1994
- Odessa-TX lost - 21.17% from 1984 thru 1994
- Lafayette-LA lost - 18.88% from 1982 thru 1992
Zip Code in MSA: 93405 - SAN LUIS OBISPO, CA
MSA Pop: 253118Zip Pop: 31972
Avg Value: 265300
County: SAN LUIS OBISPO
Elev: 234
Region: West
Lat: 35.275193
Long: -120.690487