Real Estate Appreciation for Allentown Bethlehem Easton, Pensylivania, New Jersey: + 32.33%
Appreciation for MSAs:.
Let's start by comparing Allentown Bethlehem Easton, Pensylivania, New Jersey 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 + 32.33% (+ 10.78% yearly) for the Allentown Bethlehem Easton, Pensylivania, New Jersey MSA.
The entire state of PA had + 26.98% appreciation (+ 8.99% yearly).
The Allentown Bethlehem Easton, Pensylivania, New Jersey MSA beat out the state. by + 19.81% appreciation.
Allentown-Bethlehem-Easton-PA-NJ
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2002 | 2 | 125.28 | + 2.39% | + 9.58% |
| 2002 | 3 | 127.84 | + 2.04% | + 8.17% |
| 2002 | 4 | 130.14 | + 1.80% | + 7.20% |
| 2003 | 1 | 131.98 | + 1.41% | + 5.66% |
| 2003 | 2 | 133.4 | + 1.08% | + 4.30% |
| 2003 | 3 | 137.24 | + 2.88% | + 11.51% |
| 2003 | 4 | 142.49 | + 3.83% | + 15.30% |
| 2004 | 1 | 145.47 | + 2.09% | + 8.37% |
| 2004 | 2 | 149.59 | + 2.83% | + 11.33% |
| 2004 | 3 | 156.97 | + 4.93% | + 19.73% |
| 2004 | 4 | 161.9 | + 3.14% | + 12.56% |
There are a lot of ways to use the appreciation data for Allentown Bethlehem Easton, Pensylivania, New Jersey .
Lets look at Belvidere, Pensylivania, a city located in Allentown Bethlehem Easton, Pensylivania, New Jersey 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 Belvidere, Pensylivania check out Spec-Loan.com
If you were going to do a Belvidere, Pensylivania Refinance, or Belvidere, Pensylivania Reverse Mortgages, you could estimate your home value.
If you knew your Belvidere, Pensylivania home was worth $106,000.00 in 2002, you could multiply by + 32.33%, add the gain and see the home should be worth $140,264.81 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Allentown-Bethlehem-Easton-PA-NJ from 2002 to 2004:
+ 10.78%
Appreciation Comparisons
The top 5 performing MSAs from 2002 to 2004 were Riverside-San-Bernardino-Ontario-CA, Fresno-CA, Madera-CA, Yuba-City-CA, and Bakersfield-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
- Fresno-CA increased + 73.13% from 2002 to the end of 2004
- Madera-CA increased + 71.44% from 2002 to the end of 2004
- Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
- Bakersfield-CA increased + 67.56% from 2002 to the end of 2004
In contrast, the worst 5 MSAs from 2002 to 2004 were Jackson-TN, Ogden-Clearfield-UT, Austin-Round-Rock-TX, Lafayette-IN, and Burlington-NC .
- Jackson-TN only increased + 4.30% between 2002 and 2004
- Ogden-Clearfield-UT only increased + 4.40% between 2002 and 2004
- Austin-Round-Rock-TX only increased + 4.43% between 2002 and 2004
- Lafayette-IN only increased + 4.95% between 2002 and 2004
- Burlington-NC only increased + 5.39% between 2002 and 2004
Zip Code in MSA: 7823 - BELVIDERE, NJ
MSA Pop: 768036Zip Pop: 7366
Avg Value: 145600
County: WARREN
Elev: 257
Region: Northeast
Lat: 40.829199
Long: -75.064759