Appreciation for MSAs:.

Let's start by comparing Ann Arbor, Michigan 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 + 13.00% (+ 4.33% yearly) for the Ann Arbor, Michigan MSA.

The entire state of MI had + 11.55% appreciation (+ 3.85% yearly). The Ann Arbor, Michigan MSA beat out the state. by + 12.60% appreciation.

Ann-Arbor-MI

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2004 1 175.3 + 0.35% + 1.42%
2004 2 178.49 + 1.82% + 7.28%
2004 3 181.7 + 1.80% + 7.19%
2004 4 182.77 + 0.59% + 2.36%


If you need information on Hard Money Rehab Loans in Ann Arbor, Michigan look at 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 $106,000.00 in 2002, you could multiply by + 13.00%, add the gain and see the home should be worth $119,782.49 in 2004. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 2002 to 2004:
+ 4.33%

Appreciation Comparisons

The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .

  1. Grand-Junction-CO lost - 34.69% from 1983 to 1985
  2. Lafayette-LA lost - 31.84% from 1985 thru 1987
  3. Honolulu-HI lost - 30.81% from 1979 thru 1981
  4. Fairbanks-AK lost - 29.16% from 1987 thru 1989
  5. Lafayette-LA lost - 28.50% from 1986 thru 1988

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 .

  1. Riverside-San-Bernardino-Ontario-CA increased + 73.90% from 2002 to the end of 2004
  2. Fresno-CA increased + 73.13% from 2002 to the end of 2004
  3. Madera-CA increased + 71.44% from 2002 to the end of 2004
  4. Yuba-City-CA increased + 68.71% from 2002 to the end of 2004
  5. Bakersfield-CA increased + 67.56% from 2002 to the end of 2004

Zip Code in MSA: 48103 - ANN ARBOR, MI

MSA Pop: 338562
Zip Pop: 49086
Avg Value: 188600
County: WASHTENAW
Elev: 802
Region: Midwest
Lat: 42.27078
Long: -83.80866