Real Estate Appreciation for Athens Clarke County, Georgia: + 17.07%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Athens Clarke County, Georgia did compared to the state as a whole.
The Athens Clarke County, Georgia MSA property value change was + 17.07% (+ 5.69% yearly).
All of the property in GA averaged + 18.16% change in value (+ 6.05% yearly).
Athens-Clarke-County-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1997 | 2 | 113.75 | + 2.91% | + 11.65% |
| 1997 | 3 | 114.89 | + 1.00% | + 4.01% |
| 1997 | 4 | 116.27 | + 1.20% | + 4.80% |
| 1998 | 1 | 117.66 | + 1.20% | + 4.78% |
| 1998 | 2 | 118.75 | + 0.93% | + 3.71% |
| 1998 | 3 | 120.13 | + 1.16% | + 4.65% |
| 1998 | 4 | 122 | + 1.56% | + 6.23% |
| 1999 | 1 | 123.06 | + 0.87% | + 3.48% |
| 1999 | 2 | 125.33 | + 1.84% | + 7.38% |
| 1999 | 3 | 127.32 | + 1.59% | + 6.35% |
| 1999 | 4 | 129.4 | + 1.63% | + 6.53% |
Some of the ways peope use our appreciation data for Athens Clarke County, Georgia include real estate investment .
Lets look at Bogart, Georgia, a city located in Athens Clarke County, Georgia 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 Georgia check out Spec-Loan.com
If you were going to do a Bogart, Georgia Refinance, or Bogart, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Bogart, Georgia home was worth $96,000.00 in 1997, you could multiply by + 17.07%, add the gain and see the home should be worth $112,389.40 in 1999. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 1997 to 1999:
+ 5.69%
Appreciation Comparisons
The worst 5 MSAs from 1997 to 1999 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Ithaca-NY, and Reading-PA .
- Honolulu-HI decreased by - 5.64% between 1997 and 1999
- Williamsport-PA decreased by - 0.53% between 1997 and 1999
- Buffalo-Niagara-Falls-NY only increased + 0.14% between 1997 and 1999
- Ithaca-NY only increased + 0.26% between 1997 and 1999
- Reading-PA only increased + 1.79% between 1997 and 1999
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: 30622 - BOGART, GA
MSA Pop: 172232Zip Pop: 7685
Avg Value: 125600
County: OCONEE
Elev: 736
Region: South
Lat: 33.91868
Long: -83.526979