Real Estate Appreciation for San Luis Obispo Paso Robles, California: + 29.52%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case San Luis Obispo Paso Robles, California MSA appreciated + 29.52% (+ 14.76% yearly) for the period between 1999 and the end of 2000.
The state had + 20.98% total appreciation (+ 10.49% yearly).
The San Luis Obispo Paso Robles, California MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1999 | 2 | 121.07 | + 2.97% | + 11.87% |
| 1999 | 3 | 124.57 | + 2.89% | + 11.56% |
| 1999 | 4 | 128.23 | + 2.94% | + 11.75% |
| 2000 | 1 | 136.19 | + 6.21% | + 24.83% |
| 2000 | 2 | 140.62 | + 3.25% | + 13.01% |
| 2000 | 3 | 145.69 | + 3.61% | + 14.42% |
| 2000 | 4 | 152.29 | + 4.53% | + 18.12% |
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 $99,000.00 in 1999, you could multiply by + 29.52%, add the gain and see the home should be worth $128,225.12 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 1999 to 2000:
+ 14.76%
Appreciation Comparisons
The top 5 performing MSAs from 1999 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 44.43% from 1999 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 41.93% from 1999 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 41.14% from 1999 to the end of 2000
- Salinas-CA increased + 39.42% from 1999 to the end of 2000
- Napa-CA increased + 33.84% from 1999 to the end of 2000
In contrast, the worst 5 MSAs from 1999 to 2000 were Midland-TX, Coeur-d'Alene-ID, Wenatchee-WA, Lewiston-ID-WA, and Lawton-OK .
- Midland-TX decreased by - 2.50% between 1999 and 2000
- Coeur-d'Alene-ID decreased by - 2.19% between 1999 and 2000
- Wenatchee-WA decreased by - 1.05% between 1999 and 2000
- Lewiston-ID-WA decreased by - 0.85% between 1999 and 2000
- Lawton-OK decreased by - 0.79% between 1999 and 2000
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