Real Estate Appreciation for Santa Rosa Petaluma, California: + 40.26%
Appreciation for MSAs:.
Let's start by comparing Santa Rosa Petaluma, 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 + 40.26% (+ 13.42% yearly) for the Santa Rosa Petaluma, California MSA.
The entire state of CA had + 57.58% appreciation (+ 19.19% yearly).
The state average for California was higher than the real estate appreciation in the Santa Rosa Petaluma, California MSA. This means the conditions in the MSA for real estate investment were worse by + 43.01%.
Santa-Rosa-Petaluma-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 186.48 | + 2.41% | + 9.62% |
| 2002 | 3 | 191.23 | + 2.55% | + 10.19% |
| 2002 | 4 | 194.51 | + 1.72% | + 6.86% |
| 2003 | 1 | 197.32 | + 1.44% | + 5.78% |
| 2003 | 2 | 199.75 | + 1.23% | + 4.93% |
| 2003 | 3 | 204.79 | + 2.52% | + 10.09% |
| 2003 | 4 | 214.75 | + 4.86% | + 19.45% |
| 2004 | 1 | 219.7 | + 2.31% | + 9.22% |
| 2004 | 2 | 230.14 | + 4.75% | + 19.01% |
| 2004 | 3 | 247.47 | + 7.53% | + 30.12% |
| 2004 | 4 | 255.42 | + 3.21% | + 12.85% |
Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Santa-Rosa-Petaluma-CA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in California, you can do some research at Spec-Loan.com.
If you were going to do a Bodega Bay, California Refinance, or Bodega Bay, California Reverse Mortgages, you could estimate your home value.
If you knew your Bodega Bay, California home was worth $106,000.00 in 2002, you could multiply by + 40.26%, add the gain and see the home should be worth $148,679.41 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Santa-Rosa-Petaluma-CA from 2002 to 2004:
+ 13.42%
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: 94923 - BODEGA BAY, CA
MSA Pop: 466725Zip Pop: 1769
Avg Value: 423600
County: SONOMA
Elev: 177
Region: West
Lat: 38.347982
Long: -123.047568