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 Athens Clarke County, Georgia MSA appreciated + 18.36% (+ 6.12% yearly) for the period between 1999 and the end of 2001.

The state had + 18.85% total appreciation (+ 6.28% yearly). The state average for Georgia was higher than the real estate appreciation in the Athens Clarke County, Georgia MSA. This shows that something happened in this area to cause it to underperform. If you can identify the cause during these years, you can learn to avoid it. The state appreaciated + 2.69% faster than this MSA.

Athens-Clarke-County-GA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%
2001 1 141.56 + 2.86% + 11.45%
2001 2 141.55 - 0.01% - 0.03%
2001 3 143.7 + 1.52% + 6.08%
2001 4 145.65 + 1.36% + 5.43%


Buying short sale properties is a real buzz right now in real estate. Short sales are created when a property is on the brink of foreclosure and the bank is willing to take a reduced payoff in order to avoid having to foreclose. If you are considering a short sale property chances are you will have to do some rehab and repair to the property. Its very important to analyze all of the historical appreciation data for the area if you are considering buying a property for investment. You can check our historical appreication data for Athens-Clarke-County-GA here. If you do decide to move forward with rehabbing a property and need information on a Rehab Loan in Georgia, you can do some research at 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 $100,000.00 in 1999, you could multiply by + 18.36%, add the gain and see the home should be worth $118,356.90 in 2001. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 1999 to 2001:
+ 6.12%

Appreciation Comparisons

The worst 5 MSAs from 1999 to 2001 were Lawton-OK, Coeur-d'Alene-ID, Ogden-Clearfield-UT, Midland-TX, and Wenatchee-WA .

  1. Lawton-OK only increased + 2.84% between 1999 and 2001
  2. Coeur-d'Alene-ID only increased + 3.13% between 1999 and 2001
  3. Ogden-Clearfield-UT only increased + 4.00% between 1999 and 2001
  4. Midland-TX only increased + 4.01% between 1999 and 2001
  5. Wenatchee-WA only increased + 4.09% between 1999 and 2001

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 .

  1. Bakersfield-CA increased + 93.72% from 2003 thru 2005
  2. Visalia-Porterville-CA increased + 88.65% from 2003 thru 2005
  3. Fort-Walton-Beach-Crestview-Destin-FL increased + 87.85% from 2003 thru 2005
  4. Madera-CA increased + 85.39% from 2003 thru 2005
  5. 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 .

  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

Zip Code in MSA: 30622 - BOGART, GA

MSA Pop: 172232
Zip Pop: 7685
Avg Value: 125600
County: OCONEE
Elev: 736
Region: South
Lat: 33.91868
Long: -83.526979