Sell land California
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Posted: 05/01/2008-22/09/2010 || Rate this Article: 3 || Views
What happens when you own California land and the population around it rises? It means new jobs are coming into the area. What else? Money is going into the local economy. New infrastructures are grabbing their blue suede shoes and jumping onto the real estate dance floor including business centers, manufacturing industries and energy plants. Surrounding California homes, schools, parks, hospitals, and shopping malls are blossoming! As the local economy expands recreational centers emerge such as golf courses and theatres. Artists then depict the convergence of old local customs and new city styles and guess what? You make money! Not only is being in the middle of this California land development exciting, but most importantly, you stand a good chance of making money on your land for sale in California above what you paid.
Simple supply and demand economics shows that the opposite holds true when people begin to leave an area. For example, when the devastative Hurricane Katrina swept through New Orleans, Louisiana, it caused the real estate market there to crash because everyone had to flee.
Knowledge of population patterns is very important to buy land California and sell land California. The chart below shows how the total population of California has increased at an average rate of over 1% a year between 2001-2004.
California's growth rate of over 1.3% shows that more people are moving into California than are leaving. As a result, the price of land continues to rise everywhere. However, even if this ceased to continue there will always be certain areas where California land will increase in value. Looking at Land Lots for Sale California by County Population Statistics 2001-2004:
The following chart below shows the population growth patterns for land lots for sale California by the 20 biggest counties in the state:
Notice how Los Angeles county real estate dwarfs the other counties by the size of its population. Orange County real estate holds the second largest population size. Southern California real estate as a whole has 6 for 6 counties on the list of most populated counties in California, however 7-10 is dominated by counties in the Northern California real estate hemisphere, so they are right there too. The weather is what continues to be the deciding factor for people moving to Southern California.
The next chart below shows the population growth trends for the state of California by the top 20 fastest growing counties:
Top 20 Fastest Growing Counties in the state of California
over 3 Years
The noticable trend is that the counties closest to the real estate in Los Angeles County CA and the San Francisco Bay area experienced the most growth. Placer County and Riverside County real estate are the top two areas with the fastest population increases in recent years, growing at an average pace of about 5% a year. Both are adjacent to the major metroplis centers Los Angeles and San Francisco. Placer County is adjacent to the Bay area and Sacramento County CA. Riverside land CA is a stone's throw from Los Angeles County land. The top 3-5 spots (Madera County CA, Calaveras County CA, and San Joaquin CA) are also in Northern California farther out from the expensive San Francisco area. They enjoy an average growth rate of about 3%. The 6-7 spots still around 3% growth a year (San Bernardindo County CA real estate and Kern County real estate) are attached to the The next chart below shows the population growth patterns for the state of California by the top 20 slowest growing counties: The most noticable pattern is the exodus from San Francisco County CA real estate. "Your prices are killing me Larry!" That's because the average price of a home in San Francisco in 2006 was above $650,000. Out of all the counties in California, San Francisco had the worst population growth rate at negative 1%. Yet, I can vouch for those going to the county, because the views are spectacular in San Francisco and the people are great, they are very smart and stylishly astute. Stylishly.... hmmm Is that a word? Maybe it will be legit some day! Santa Barbara in Southern California also experienced a decrease in population size probably for the same reason as San Francisco, wow what a beautiful place Santa Barbara has become, and by the way it tops the list of the best luxury homes in California with the highest average sales price for California homes in the Southern California region at $1,190,000.
Top 20 Slowest Growing Counties in the state of California
77
Bottom 20
County Name
2001
2002
% Change
2003
% Change
2004
% Change
Average Growth Rate
over 3 Years
78
1
San Benito County
54994
55686
01.26%
56187
00.90%
56243
00.10%
00.75%
79
2
Plumas County
20901
21012
00.53%
21198
00.89%
21359
00.76%
00.73%
80
3
Solano County
404555
409503
01.22%
411636
00.52%
412970
00.32%
00.69%
81
4
Mendocino County
86946
87599
00.75%
88476
01.00%
88551
00.08%
00.61%
82
5
Siskiyou County
44109
44231
00.28%
44630
00.90%
44891
00.58%
00.59%
83
6
Monterey County
408258
411578
00.81%
414423
00.69%
414629
00.05%
00.52%
84
7
San Luis Obispo County
250867
252055
00.47%
253072
00.40%
254566
00.59%
00.49%
85
8
Humboldt County
126695
127424
00.58%
127908
00.38%
128529
00.49%
00.48%
86
9
Inyo County
17997
18299
01.68%
18364
00.36%
18244
-00.65%
00.46%
87
10
Sonoma County
465724
465902
00.04%
467304
00.30%
468450
00.25%
00.19%
88
11
Santa Barbara County
400816
401481
00.17%
402795
00.33%
401851
-00.23%
00.09%
89
12
Santa Clara County
1690090
1674598
-00.92%
1675915
00.08%
1685188
00.55%
-00.09%
90
13
Marin County
248399
247191
-00.49%
246635
-00.22%
246045
-00.24%
-00.32%
91
14
Mono County
12897
12997
00.78%
12831
-01.28%
12766
-00.51%
-00.34%
92
15
Alameda County
1470528
1463948
-00.45%
1458749
-00.36%
1455235
-00.24%
-00.35%
93
16
Sierra County
3528
3499
-00.82%
3546
01.34%
3490
-01.58%
-00.35%
94
17
Alpine County
1204
1216
01.00%
1188
-02.30%
1190
00.17%
-00.38%
95
18
San Mateo County
707417
701271
-00.87%
699094
-00.31%
699216
00.02%
-00.39%
96
19
Santa Cruz County
255339
253352
-00.78%
251725
-00.64%
250633
-00.43%
-00.62%
97
20
San Francisco County
774479
761983
-01.61%
751908
-01.32%
744230
-01.02%
-01.32%