Real Estate Appreciation for Athens Clarke County, Georgia: + 24.51%
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 + 24.51% (+ 6.13% yearly).
All of the property in GA averaged + 25.52% change in value (+ 6.38% 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% |
| 2000 | 1 | 131.06 | + 1.28% | + 5.13% |
| 2000 | 2 | 131.09 | + 0.02% | + 0.09% |
| 2000 | 3 | 134.81 | + 2.84% | + 11.35% |
| 2000 | 4 | 137.62 | + 2.08% | + 8.34% |
There are a lot of ways to use the appreciation data for Athens Clarke County, Georgia .
Lets look at Farmington, Georgia, a city located in Athens Clarke County, Georgia 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 Farmington, Georgia check out Spec-Loan.com
If you were going to do a Farmington, Georgia Refinance, or Farmington, Georgia Reverse Mortgages, you could estimate your home value.
If you knew your Farmington, Georgia home was worth $97,000.00 in 1997, you could multiply by + 24.51%, add the gain and see the home should be worth $120,773.91 in 2000. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 1997 to 2000:
+ 6.13%
Appreciation Comparisons
The top 5 performing MSAs from 1997 to 2000 were San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, Santa-Rosa-Petaluma-CA, Salinas-CA, and Napa-CA .
- San-Jose-Sunnyvale-Santa-Clara-CA increased + 82.37% from 1997 to the end of 2000
- Santa-Cruz-Watsonville-CA increased + 74.02% from 1997 to the end of 2000
- Santa-Rosa-Petaluma-CA increased + 61.76% from 1997 to the end of 2000
- Salinas-CA increased + 59.12% from 1997 to the end of 2000
- Napa-CA increased + 54.99% from 1997 to the end of 2000
In contrast, the worst 5 MSAs from 1997 to 2000 were Honolulu-HI, Williamsport-PA, Buffalo-Niagara-Falls-NY, Lewiston-ID-WA, and Midland-TX .
- Honolulu-HI decreased by - 1.70% between 1997 and 2000
- Williamsport-PA only increased + 2.60% between 1997 and 2000
- Buffalo-Niagara-Falls-NY only increased + 3.06% between 1997 and 2000
- Lewiston-ID-WA only increased + 3.08% between 1997 and 2000
- Midland-TX only increased + 3.25% between 1997 and 2000
Zip Code in MSA: 30638 - FARMINGTON, GA
MSA Pop: 172232Zip Pop: 45
Avg Value: 59300
County: OCONEE
Elev: 736
Region: South
Lat: 33.770743
Long: -83.423106