Real Estate Appreciation for Athens Clarke County, Georgia: + 7.19%
Appreciation for MSAs:.
The state appreciation level can be a good benchmark for comparing an individual MSAs perfomance.
If we analyze Athens Clarke County, Georgia MSA appreciation it was + 7.19% (+ 3.60% yearly) from 2004 to 2005.
During the same time period, GA had + 10.95% (+ 5.47% yearly).
From 2004 to 2005, Georgia outperformed the individual Athens Clarke County, Georgia MSA. Do your research to try and determine why this MSA did not perform as well as the rest of the state.
Athens-Clarke-County-GA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 2004 | 2 | 165.12 | + 1.16% | + 4.66% |
| 2004 | 3 | 166.94 | + 1.10% | + 4.41% |
| 2004 | 4 | 170.56 | + 2.17% | + 8.67% |
| 2005 | 1 | 170.47 | - 0.05% | - 0.21% |
| 2005 | 2 | 173.76 | + 1.93% | + 7.72% |
| 2005 | 3 | 173.52 | - 0.14% | - 0.55% |
| 2005 | 4 | 174.96 | + 0.83% | + 3.32% |
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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 $109,000.00 in 2004, you could multiply by + 7.19%, add the gain and see the home should be worth $116,840.09 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Athens-Clarke-County-GA from 2004 to 2005:
+ 3.60%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Lafayette-LA lost - 25.36% from 1986 thru 1987
- Anchorage-AK lost - 24.89% from 1986 thru 1987
Zip Code in MSA: 30621 - BISHOP, GA
MSA Pop: 172232Zip Pop: 3226
Avg Value: 116200
County: OCONEE
Elev: 736
Region: South
Lat: 33.83322
Long: -83.47207