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 + 24.78% (+ 6.20% yearly) for the period between 1999 and the end of 2002.

The state had + 24.23% total appreciation (+ 6.06% yearly). The Athens Clarke County, Georgia MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.

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%
2002 1 148.64 + 2.05% + 8.21%
2002 2 149.53 + 0.60% + 2.40%
2002 3 152.32 + 1.87% + 7.46%
2002 4 153.56 + 0.81% + 3.26%


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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 $101,000.00 in 1999, you could multiply by + 24.78%, add the gain and see the home should be worth $126,032.50 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 1999 to 2002:
+ 6.20%

Appreciation Comparisons

In contrast, the worst 5 MSAs from 1999 to 2002 were Ogden-Clearfield-UT, Lewiston-ID-WA, Midland-TX, Coeur-d'Alene-ID, and Lawton-OK .

  1. Ogden-Clearfield-UT only increased + 5.18% between 1999 and 2002
  2. Lewiston-ID-WA only increased + 5.52% between 1999 and 2002
  3. Midland-TX only increased + 6.09% between 1999 and 2002
  4. Coeur-d'Alene-ID only increased + 6.12% between 1999 and 2002
  5. Lawton-OK only increased + 6.71% between 1999 and 2002

The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .

  1. Lafayette-LA lost - 34.71% from 1985 to 1988
  2. Grand-Junction-CO lost - 34.70% from 1982 thru 1985
  3. Lafayette-LA lost - 34.44% from 1984 thru 1987
  4. Casper-WY lost - 34.10% from 1983 thru 1986
  5. Casper-WY lost - 32.07% from 1984 thru 1987

Zip Code in MSA: 30638 - FARMINGTON, GA

MSA Pop: 172232
Zip Pop: 45
Avg Value: 59300
County: OCONEE
Elev: 736
Region: South
Lat: 33.770743
Long: -83.423106