Real Estate Appreciation for San Luis Obispo Paso Robles, California: + 47.67%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze San Luis Obispo Paso Robles, California MSA appreciation it was + 47.67% (+ 15.89% yearly) from 2000 to 2002.
During the same time period, CA had + 37.34% (+ 12.45% yearly).
You can see that the San Luis Obispo Paso Robles, California MSA experienced higher appreciation in this case.
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2002 | 1 | 179.83 | + 3.34% | + 13.35% |
| 2002 | 2 | 187.37 | + 4.19% | + 16.77% |
| 2002 | 3 | 195.11 | + 4.13% | + 16.52% |
| 2002 | 4 | 201.11 | + 3.08% | + 12.30% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
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 $102,000.00 in 2000, you could multiply by + 47.67%, add the gain and see the home should be worth $150,622.07 in 2002. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 2000 to 2002:
+ 15.89%
Appreciation Comparisons
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 .
- Bakersfield-CA increased + 93.72% from 2003 thru 2005
- Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
- Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
- Madera-CA increased + 85.39% from 2003 thru 2005
- 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 .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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