Real Estate Appreciation for San Luis Obispo Paso Robles, California: + 11.55%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how San Luis Obispo Paso Robles, California did compared to the state as a whole.
The San Luis Obispo Paso Robles, California MSA property value change was + 11.55% (+ 5.78% yearly).
All of the property in CA averaged + 14.27% change in value (+ 7.14% yearly).
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 103.59 | + 0.48% | + 1.90% |
| 1997 | 3 | 106.04 | + 2.37% | + 9.46% |
| 1997 | 4 | 106.71 | + 0.63% | + 2.53% |
| 1998 | 1 | 109.44 | + 2.56% | + 10.23% |
| 1998 | 2 | 111.1 | + 1.52% | + 6.07% |
| 1998 | 3 | 112.61 | + 1.36% | + 5.44% |
| 1998 | 4 | 115.01 | + 2.13% | + 8.52% |
There are a lot of ways to use the appreciation data for San Luis Obispo Paso Robles, California .
Lets look at San Luis Obispo, California, a city located in San Luis Obispo Paso Robles, 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 San Luis Obispo, California 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 $95,000.00 in 1997, you could multiply by + 11.55%, add the gain and see the home should be worth $105,974.30 in 1998. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 1997 to 1998:
+ 5.78%
Appreciation Comparisons
The worst 5 MSAs from 1997 to 1998 were Honolulu-HI, Williamsport-PA, Ithaca-NY, Utica-Rome-NY, and Pittsfield-MA .
- Honolulu-HI decreased by - 3.48% between 1997 and 1998
- Williamsport-PA decreased by - 0.05% between 1997 and 1998
- Ithaca-NY only increased + 1.04% between 1997 and 1998
- Utica-Rome-NY only increased + 1.56% between 1997 and 1998
- Pittsfield-MA only increased + 2.16% between 1997 and 1998
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .
- Honolulu-HI lost - 49.13% from 1980 to 1981
- Casper-WY lost - 27.70% from 1986 thru 1987
- Grand-Junction-CO lost - 26.25% from 1984 thru 1985
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
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