Real Estate Appreciation for San Luis Obispo Paso Robles, California: + 17.17%
Appreciation for MSAs:.
Real Estate Investing is all about property appreciation. Understanding Real Estate Appreication is to a real estate investor what reading a profit and loss is to a corporate CEO. Once you understand appreication and the trends that drive it, you can begin to make better decisions on real estate investing.
- San Luis Obispo Paso Robles, California: + 17.17%
- State of CA: + 14.87%
- Difference: + 15.44%
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1998 | 2 | 111.1 | + 1.52% | + 6.07% |
| 1998 | 3 | 112.61 | + 1.36% | + 5.44% |
| 1998 | 4 | 115.01 | + 2.13% | + 8.52% |
| 1999 | 1 | 117.58 | + 2.23% | + 8.94% |
| 1999 | 2 | 121.07 | + 2.97% | + 11.87% |
| 1999 | 3 | 124.57 | + 2.89% | + 11.56% |
| 1999 | 4 | 128.23 | + 2.94% | + 11.75% |
Some of the ways peope use our appreciation data for San Luis Obispo Paso Robles, California include real estate investment .
Lets look at San Luis Obispo, California, a city located in San Luis Obispo Paso Robles, California MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in 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 $97,000.00 in 1998, you could multiply by + 17.17%, add the gain and see the home should be worth $113,654.15 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 1998 to 1999:
+ 8.58%
Appreciation Comparisons
The top 5 performing MSAs from 1998 to 1999 were Santa-Cruz-Watsonville-CA, San-Jose-Sunnyvale-Santa-Clara-CA, Barnstable-Town-MA, Santa-Rosa-Petaluma-CA, and Napa-CA .
- Santa-Cruz-Watsonville-CA increased + 28.19% from 1998 to the end of 1999
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 24.40% from 1998 to the end of 1999
- Barnstable-Town-MA increased + 24.28% from 1998 to the end of 1999
- Santa-Rosa-Petaluma-CA increased + 22.92% from 1998 to the end of 1999
- Napa-CA increased + 20.67% from 1998 to the end of 1999
In contrast, the worst 5 MSAs from 1998 to 1999 were Honolulu-HI, Buffalo-Niagara-Falls-NY, Scranton-Wilkes-Barre-PA, Grand-Forks-ND-MN, and Midland-TX .
- Honolulu-HI decreased by - 2.52% between 1998 and 1999
- Buffalo-Niagara-Falls-NY decreased by - 2.49% between 1998 and 1999
- Scranton-Wilkes-Barre-PA decreased by - 2.23% between 1998 and 1999
- Grand-Forks-ND-MN decreased by - 2.16% between 1998 and 1999
- Midland-TX decreased by - 1.40% between 1998 and 1999
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