Real Estate Appreciation for Vallejo Fairfield, California: + 71.28%
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 Vallejo Fairfield, California MSA appreciated + 71.28% (+ 17.82% yearly) for the period between 2001 and the end of 2004.
The state had + 72.64% total appreciation (+ 18.16% yearly).
The state average for California was higher than the real estate appreciation in the Vallejo Fairfield, California MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 1.91% faster than this MSA.
Vallejo-Fairfield-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 158.14 | + 4.88% | + 19.53% |
| 2001 | 3 | 164.31 | + 3.90% | + 15.61% |
| 2001 | 4 | 166.59 | + 1.39% | + 5.55% |
| 2002 | 1 | 169.32 | + 1.64% | + 6.56% |
| 2002 | 2 | 175.03 | + 3.37% | + 13.49% |
| 2002 | 3 | 182.05 | + 4.01% | + 16.04% |
| 2002 | 4 | 187.23 | + 2.85% | + 11.38% |
| 2003 | 1 | 191.77 | + 2.42% | + 9.70% |
| 2003 | 2 | 195.78 | + 2.09% | + 8.36% |
| 2003 | 3 | 202.04 | + 3.20% | + 12.79% |
| 2003 | 4 | 211.74 | + 4.80% | + 19.20% |
| 2004 | 1 | 218.22 | + 3.06% | + 12.24% |
| 2004 | 2 | 229.36 | + 5.10% | + 20.42% |
| 2004 | 3 | 247.87 | + 8.07% | + 32.28% |
| 2004 | 4 | 258.26 | + 4.19% | + 16.77% |
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 Vallejo-Fairfield-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 Fairfield, California Refinance, or Fairfield, California Reverse Mortgages, you could estimate your home value.
If you knew your Fairfield, California home was worth $105,000.00 in 2001, you could multiply by + 71.28%, add the gain and see the home should be worth $179,846.80 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Vallejo-Fairfield-CA from 2001 to 2004:
+ 17.82%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
- Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
- Fresno-CA increased + 90.07% from 2001 to the end of 2004
- Madera-CA increased + 89.58% from 2001 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004
In contrast, the worst 5 MSAs from 2001 to 2004 were Ogden-Clearfield-UT, Jackson-TN, Austin-Round-Rock-TX, Provo-Orem-UT, and Columbus-IN .
- Ogden-Clearfield-UT only increased + 5.61% between 2001 and 2004
- Jackson-TN only increased + 5.91% between 2001 and 2004
- Austin-Round-Rock-TX only increased + 5.99% between 2001 and 2004
- Provo-Orem-UT only increased + 6.69% between 2001 and 2004
- Columbus-IN only increased + 7.56% between 2001 and 2004
Zip Code in MSA: 94533 - FAIRFIELD, CA
MSA Pop: 412336Zip Pop: 77666
Avg Value: 161400
County: SOLANO
Elev: 19
Region: West
Lat: 38.28579
Long: -122.01031