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 + 48.00% (+ 16.00% yearly) for the period between 1999 and the end of 2001.

The state had + 34.15% total appreciation (+ 11.38% 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

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2001 1 157.47 + 3.40% + 13.61%
2001 2 165.34 + 5.00% + 19.99%
2001 3 170.93 + 3.38% + 13.52%
2001 4 174.02 + 1.81% + 7.23%


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 $100,000.00 in 1999, you could multiply by + 48.00%, add the gain and see the home should be worth $148,001.36 in 2001. 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 2001:
+ 16.00%

Appreciation Comparisons

The worst 5 MSAs from 1999 to 2001 were Lawton-OK, Coeur-d'Alene-ID, Ogden-Clearfield-UT, Midland-TX, and Wenatchee-WA .

  1. Lawton-OK only increased + 2.84% between 1999 and 2001
  2. Coeur-d'Alene-ID only increased + 3.13% between 1999 and 2001
  3. Ogden-Clearfield-UT only increased + 4.00% between 1999 and 2001
  4. Midland-TX only increased + 4.01% between 1999 and 2001
  5. Wenatchee-WA only increased + 4.09% between 1999 and 2001

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 .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. 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 .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

Zip Code in MSA: 93401 - SAN LUIS OBISPO, CA

MSA Pop: 253118
Zip Pop: 27034
Avg Value: 275800
County: SAN LUIS OBISPO
Elev: 234
Region: West
Lat: 35.260886
Long: -120.653936