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 + 8.48% (+ 4.24% yearly) for the period between 2001 and the end of 2002.

The state had + 8.64% total appreciation (+ 4.32% 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 + 1.90% faster than this MSA.

Athens-Clarke-County-GA

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
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%


There are a lot of ways to use the appreciation data for Athens Clarke County, Georgia .

Lets look at Bishop, 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 Bishop, Georgia check out Spec-Loan.com

If you were going to do a Bishop, Georgia Refinance, or Bishop, Georgia Reverse Mortgages, you could estimate your home value.

If you knew your Bishop, Georgia home was worth $103,000.00 in 2001, you could multiply by + 8.48%, add the gain and see the home should be worth $111,731.28 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 2001 to 2002:
+ 4.24%

Appreciation Comparisons

For a 2 year period, the top 5 performing MSAs of all time are Fort-Walton-Beach-Crestview-Destin-FL, Naples-Marco-Island-FL, Bakersfield-CA, Visalia-Porterville-CA, and Phoenix-Mesa-Scottdale-AZ .

  1. Fort-Walton-Beach-Crestview-Destin-FL increased + 64.61% from 2004 thru 2005
  2. Naples-Marco-Island-FL increased + 64.37% from 2004 thru 2005
  3. Bakersfield-CA increased + 63.04% from 2004 thru 2005
  4. Visalia-Porterville-CA increased + 62.28% from 2004 thru 2005
  5. Phoenix-Mesa-Scottdale-AZ increased + 60.78% from 2004 thru 2005

The worst perfoming MSAs ever for a 2 year period, were Honolulu-HI, Casper-WY, Grand-Junction-CO, Lafayette-LA, and Anchorage-AK .

  1. Honolulu-HI lost - 49.13% from 1980 to 1981
  2. Casper-WY lost - 27.70% from 1986 thru 1987
  3. Grand-Junction-CO lost - 26.25% from 1984 thru 1985
  4. Lafayette-LA lost - 25.36% from 1986 thru 1987
  5. Anchorage-AK lost - 24.89% from 1986 thru 1987

Zip Code in MSA: 30621 - BISHOP, GA

MSA Pop: 172232
Zip Pop: 3226
Avg Value: 116200
County: OCONEE
Elev: 736
Region: South
Lat: 33.83322
Long: -83.47207