Real Estate Appreciation for San Luis Obispo Paso Robles, California: + 37.53%
Appreciation for MSAs:.
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 + 37.53% (+ 18.77% yearly) from 2004 to 2005.
During the same time period, CA had + 47.24% (+ 23.62% yearly).
From 2004 to 2005, California outperformed the individual San Luis Obispo Paso Robles, California MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
San-Luis-Obispo-Paso-Robles-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2004 | 2 | 245.97 | + 5.71% | + 22.83% |
| 2004 | 3 | 264.73 | + 7.63% | + 30.51% |
| 2004 | 4 | 272.94 | + 3.10% | + 12.41% |
| 2005 | 1 | 286.38 | + 4.92% | + 19.70% |
| 2005 | 2 | 297.65 | + 3.94% | + 15.74% |
| 2005 | 3 | 309.17 | + 3.87% | + 15.48% |
| 2005 | 4 | 320.02 | + 3.51% | + 14.04% |
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 $109,000.00 in 2004, you could multiply by + 37.53%, add the gain and see the home should be worth $149,908.38 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for San-Luis-Obispo-Paso-Robles-CA from 2004 to 2005:
+ 18.77%
Appreciation Comparisons
The top 5 performing MSAs from 2004 to 2005 were Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 to the end of 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 to the end of 2005
- Bakersfield-CA increased + 63.04% from 2004 to the end of 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 to the end of 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 to the end of 2005
For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .
- Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
- Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
- Bakersfield-CA increased + 63.04% from 2004 thru 2005
- Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
- Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005
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