Real Estate Appreciation for Ann Arbor, Michigan: + 14.25%
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 Ann Arbor, Michigan MSA appreciated + 14.25% (+ 4.75% yearly) for the period between 2001 and the end of 2003.
The state had + 11.94% total appreciation (+ 3.98% yearly).
The Ann Arbor, Michigan MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Ann-Arbor-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2001 | 2 | 154.68 | + 1.17% | + 4.68% |
| 2001 | 3 | 157.74 | + 1.98% | + 7.91% |
| 2001 | 4 | 158.58 | + 0.53% | + 2.13% |
| 2002 | 1 | 161.74 | + 1.99% | + 7.97% |
| 2002 | 2 | 164.31 | + 1.59% | + 6.36% |
| 2002 | 3 | 165.9 | + 0.97% | + 3.87% |
| 2002 | 4 | 167.27 | + 0.83% | + 3.30% |
| 2003 | 1 | 168.81 | + 0.92% | + 3.68% |
| 2003 | 2 | 170.19 | + 0.82% | + 3.27% |
| 2003 | 3 | 171.4 | + 0.71% | + 2.84% |
| 2003 | 4 | 174.68 | + 1.91% | + 7.65% |
Some of the ways peope use our appreciation data for Ann Arbor, Michigan include real estate investment .
Lets look at Ann Arbor, Michigan, a city located in Ann Arbor, Michigan MSA.
Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in Michigan check out Spec-Loan.com
If you were going to do a Ann Arbor, Michigan Refinance, or Ann Arbor, Michigan Reverse Mortgages, you could estimate your home value.
If you knew your Ann Arbor, Michigan home was worth $104,000.00 in 2001, you could multiply by + 14.25%, add the gain and see the home should be worth $118,822.16 in 2003. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 2001 to 2003:
+ 4.75%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2003 were Yuba-City-CA, Chico-CA, Fresno-CA, Redding-CA, and Madera-CA .
- Yuba-City-CA increased + 53.06% from 2001 to the end of 2003
- Chico-CA increased + 50.54% from 2001 to the end of 2003
- Fresno-CA increased + 50.27% from 2001 to the end of 2003
- Redding-CA increased + 49.39% from 2001 to the end of 2003
- Madera-CA increased + 48.53% from 2001 to the end of 2003
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
Zip Code in MSA: 48103 - ANN ARBOR, MI
MSA Pop: 338562Zip Pop: 49086
Avg Value: 188600
County: WASHTENAW
Elev: 802
Region: Midwest
Lat: 42.27078
Long: -83.80866