Real Estate Appreciation for Athens Clarke County, Georgia: + 20.49%
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 + 20.49% (+ 5.12% yearly) for the period between 2001 and the end of 2004.
The state had + 18.52% total appreciation (+ 4.63% 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
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 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% |
| 2003 | 1 | 154.7 | + 0.74% | + 2.97% |
| 2003 | 2 | 156.54 | + 1.19% | + 4.76% |
| 2003 | 3 | 157.38 | + 0.54% | + 2.15% |
| 2003 | 4 | 159.73 | + 1.49% | + 5.97% |
| 2004 | 1 | 163.22 | + 2.18% | + 8.74% |
| 2004 | 2 | 165.12 | + 1.16% | + 4.66% |
| 2004 | 3 | 166.94 | + 1.10% | + 4.41% |
| 2004 | 4 | 170.56 | + 2.17% | + 8.67% |
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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 $105,000.00 in 2001, you could multiply by + 20.49%, add the gain and see the home should be worth $126,510.31 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 2001 to 2004:
+ 5.12%
Appreciation Comparisons
The top 5 performing MSAs from 2001 to 2004 were Riverside-San-Bernardino-Ontario-CA, Yuba-City-CA, Fresno-CA, Madera-CA, and San-Diego-Carlsbad-San-Marcos-CA .
- Riverside-San-Bernardino-Ontario-CA increased + 90.90% from 2001 to the end of 2004
- Yuba-City-CA increased + 90.67% from 2001 to the end of 2004
- Fresno-CA increased + 90.07% from 2001 to the end of 2004
- Madera-CA increased + 89.58% from 2001 to the end of 2004
- San-Diego-Carlsbad-San-Marcos-CA increased + 87.47% from 2001 to the end of 2004
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