Real Estate Appreciation for San Luis Obispo Paso Robles, California: + 27.19%
Appreciation for MSAs:.
Let's start by comparing San Luis Obispo Paso Robles, California to the rest of the state. This will give us an idea if the appreciation here was isolated or happened across the state.
We have appreciattion of + 27.19% (+ 13.59% yearly) for the San Luis Obispo Paso Robles, California MSA.
The entire state of CA had + 26.20% appreciation (+ 13.10% yearly).
The San Luis Obispo Paso Robles, California MSA beat out the state. by + 3.76% appreciation.
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 187.37 | + 4.19% | + 16.77% |
| 2002 | 3 | 195.11 | + 4.13% | + 16.52% |
| 2002 | 4 | 201.11 | + 3.08% | + 12.30% |
| 2003 | 1 | 205.49 | + 2.18% | + 8.71% |
| 2003 | 2 | 209.51 | + 1.96% | + 7.83% |
| 2003 | 3 | 215.61 | + 2.91% | + 11.65% |
| 2003 | 4 | 228.72 | + 6.08% | + 24.32% |
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 $105,000.00 in 2002, you could multiply by + 27.19%, add the gain and see the home should be worth $133,546.13 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 2002 to 2003:
+ 13.59%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2002 to 2003 were Ogden-Clearfield-UT, Lafayette-IN, Fayetteville-NC, Logan-UT-ID, and Provo-Orem-UT .
- Ogden-Clearfield-UT only increased + 1.57% between 2002 and 2003
- Lafayette-IN only increased + 2.02% between 2002 and 2003
- Fayetteville-NC only increased + 2.05% between 2002 and 2003
- Logan-UT-ID only increased + 2.05% between 2002 and 2003
- Provo-Orem-UT only increased + 2.06% between 2002 and 2003
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