Real Estate Appreciation for Ann Arbor, Michigan: + 10.58%
Appreciation for MSAs:.
Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.
The Ann Arbor, Michigan MSA appreciated + 10.58% (+ 3.53% yearly) between 2003 and the end of 2005.
The state of MI had + 11.52% total appreciation (+ 3.84% yearly).
The state average for Michigan was higher than the real estate appreciation in the Ann Arbor, Michigan MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 8.93% faster than this MSA.
Ann-Arbor-MI
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2005 | 1 | 184.71 | + 1.06% | + 4.25% |
| 2005 | 2 | 188.68 | + 2.15% | + 8.60% |
| 2005 | 3 | 188.45 | - 0.12% | - 0.49% |
| 2005 | 4 | 186.67 | - 0.94% | - 3.78% |
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 $108,000.00 in 2003, you could multiply by + 10.58%, add the gain and see the home should be worth $119,426.34 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Ann-Arbor-MI from 2003 to 2005:
+ 3.53%
Appreciation Comparisons
The worst 5 MSAs from 2003 to 2005 were Burlington-NC, Lafayette-IN, Jonesboro-AR, Anderson-IN, and Rocky-Mount-NC .
- Burlington-NC only increased + 3.06% between 2003 and 2005
- Lafayette-IN only increased + 4.69% between 2003 and 2005
- Jonesboro-AR only increased + 5.04% between 2003 and 2005
- Anderson-IN only increased + 5.16% between 2003 and 2005
- Rocky-Mount-NC only increased + 5.82% between 2003 and 2005
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
The worst perfoming MSAs ever for a 3 year period, were Grand-Junction-CO, Lafayette-LA, Honolulu-HI, Fairbanks-AK, and Lafayette-LA .
- Grand-Junction-CO lost - 34.69% from 1983 to 1985
- Lafayette-LA lost - 31.84% from 1985 thru 1987
- Honolulu-HI lost - 30.81% from 1979 thru 1981
- Fairbanks-AK lost - 29.16% from 1987 thru 1989
- Lafayette-LA lost - 28.50% from 1986 thru 1988
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